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Actualités Forex
Australian Market Sharply Higher: Up 5%
The Australian market is trading sharply higher on Thursday, reversing the sharp losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is surging 5 percent to well above the 7,700 level, with gains across all sectors led by mining and technology stocks.
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Canadian Dollar Firms Amid Risk Appetite
The Canadian dollar advanced against its most major counterparts in the New York session on Wednesday, as U.S. stocks climbed after President Donald Trump announced a 90-day pause on new tariffs for some countries.
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Fed Minutes Reiterate 'Cautious Approach' To Future Interest Rate Decisions
Due to high uncertainty about the net effect of an array of government policies on the economic outlook, the minutes of the Federal Reserve's latest monetary policy revealed officials believe it remains appropriate to take a "cautious approach" to future interest rate decisions.
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Swiss Market Ends Sharply Lower
Swiss stocks tumbled on Wednesday, in line with markets across Europe and elsewhere, as U.S. tariffs, including a massive 104% levy on Chinese imports, and a 20% levy on European Union imports took effect today.
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European Stocks Close Sharply Lower On Escalating Trade Tensions
European stocks ended sharply lower on Wednesday, turning weak once again after having snapped a four-session losing streak on Tuesday. The mood turned bearish U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders."
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Canadian Market Remains Weak As Trade Tensions Weigh
The Canadian market is down in negative territory on Wednesday, weighed down by losses in utilities, real estate, healthcare and financials stocks.
The mood is cautious amid escalating trade tensions following Trump's new tariffs, including a 104% total levy on Chinese imports taking effect, and China retaliating b
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U.S. Wholesale Inventories Rise In Line With Estimates In February
Wholesale inventories in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories rose by 0.3 percent in February, matching the preliminary estimate as well as economist expectations. Wholesale inventories climbed by 0.8 percent in January.
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more news
Pizza Hut Launches Pizza Caviar
Pizza Hut, a unit of Yum! Brands, Inc., is launching Pizza Caviar, a first-of-its-kind innovation of caviar made with pepperoni-flavored water and agar agar based caviar-style pearls. According to the firm, its bite-sized Pizza Caviar pearls, inspired by the rise of "caviar bumps", are made to taste like pepperoni and designed for dipping, dunking, and bumping.
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Bay Street Likely To Start On Weak Note
Canadian shares look headed for a weak start on Wednesday after U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders."
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Delta Stock Up On Q1 Results Above Market; Withdraws FY25 View
Shares of Delta Air Lines Inc. were gaining around 4 percent in the pre-market activity on the NYSE after the airline reported Wednesday higher first-quarter results, above market estimates. The company also issued second-quarter outlook, and said it is not reaffirming or updating its previously given outlook for fiscal 2025 due to the lack of economic clarity.
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FTSE 100 Drops 3.5% As Selling Resumes
After snapping a four-day losing streak on Tuesday, U.K. stocks have tumbled on Wednesday amid concerns about growth following U.S. President Donald Trump's sweeping tariffs, including a 20% levy on European Union imports becoming effective today.
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RBI Shifts Stance To Accommodative As Tariffs Loom
The Reserve Bank of India cut its key policy rates for the second straight meeting and also shifted its monetary policy stance to accommodative as trade tariffs pose risks to the outlook for both inflation and growth. At the first policy meeting of the financial year, the Monetary Policy Committee, led by RBI Governor Sanjay Malhotra, unanimously decided to cut the policy repo rate.
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U.S. Dollar Falls Amid Fed Rate Cut Bets, U.S. Recession Fears
The U.S. dollar weakened against other major currencies in the European session on Wednesday, amid speculation that the U.S. Federal Reserve may need to speed up rate cuts and also on fears of a potential U.S. recession.
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