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Forex News
CAC 40 Slides As Yields Extend Climb
French stocks declined on Friday, with a surge in U.S. bond yields and escalating Middle East tensions keeping investors nervous.
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578 days ago
DAX Extends Losses As Risk Aversion Intensifies
German stocks fell notably on Friday, reflecting a risk-averse environment amid concerns over rising bond yields and the escalation of the Israel-Hamas conflict.
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578 days ago
Asian Shares Retreat On Worries Over Rising Yields
Asian stocks tumbled on Friday as escalating Middle East tensions and a continued surge in oil prices clouded the outlook for global economic growth.
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578 days ago
UK Retail Sales Fall More Than Expected
UK retail sales logged a bigger-than-expected decline in September as the cost of living pressures damped spending and consumer sentiment. Retail sales dropped 0.9 percent on a monthly basis, in contrast to the 0.4 percent increase in August, the Office for Statistics reported Friday. Sales were forecast to ease 0.2 percent.
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578 days ago
China Keeps Lending Rates Unchanged As Expected
The People's Bank of China left its benchmark rates unchanged on Friday, as widely expected, after the economic growth exceeded expectations leaving the economy back on the track to achieve the target. The Chinese central bank maintained its one-year loan prime rate, or LPR, at 3.45 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was left unchanged at 4.20 percent.
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578 days ago
European Economic News Preview: UK Retail Sales, Public Sector Finance Data Due
Retail sales and public sector finances from the UK are the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance figures. Retail sales are forecast to fall 0.2 percent on month in September, reversing a 0.4 percent rise in August.
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578 days ago
European Shares May See Cautious Open Amid Middle East Tensions
European stocks may open on a cautious note on Friday as investors weigh a range of uncertainties.
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578 days ago
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Sensex, Nifty Slightly Lower In Early Trade; FMCG Stocks Underperform
Indian shares opened lower on Friday, tracking weak global markets as investors reacted to Fed Chair Jerome Powell's cautious remarks on further rate hikes and a surge in oil prices to over the $90-a barrel mark amid escalating tensions in the Middle East.
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578 days ago
Asian Markets Track Global Sell-off
The sell-off in the global markets overnight is dragging Asian stock markets mostly lower on Friday, as traders react to an escalation in tensions in the Middle East, and lingering worries about global economic slowdown and the outlook for interest rates. Global equities also came under pressure after bond yields once again retraced its highest closing level in over sixteen years.
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578 days ago
Sensex, Nifty Set To Extend Losses Amid Global Selloff
Indian shares are likely to open lower on Friday as risk aversion prevails due to renewed Middle East tensions, Fed Chair Jerome Powell's cautious remarks on further rate hikes and a surge in oil prices over the $90-a barrel mark.
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578 days ago
Japanese Market Notably Lower
Extending the losses in the previous session, the Japanese stock market is notably lower on Friday, following the broadly negative cues from global markets overnight. The benchmark Nikkei 225 fell below the 31,300 level, dragged by weakness in index heavyweights, exporters and financial stocks.
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578 days ago
Thai Stock Market Tipped To Open Under Pressure
The Thai stock market on Thursday snapped the two-day winning streak in which it had gathered almost a dozen points or 0.8 percent. The Stock Exchange of Thailand now rests just beneath the 1,425-point plateau and it's looking at another soft start again on Friday.
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578 days ago
Indonesia Shares Expected To Open In The Red
The Indonesia stock market has moved lower in two straight sessions, slumping more than 90 points or 1.3 percent along the way. The Jakarta Composite Index now sits just beneath the 6,850-point plateau and it may see continued consolidation on Friday.
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578 days ago
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