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Dollar Continues To Slide Against Major Rivals
The U.S. dollar traded weak against its major rivals on Friday, continuing to slide amid hopes the Federal Reserve will slow down the pace of its monetary tightening in the coming months.
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Pred 933 dňami
Swiss Market Ends Slightly Up After Choppy Ride
The Switzerland stock market climbed higher after opening somewhat flat Friday morning, but kept paring gains subsequently and then slipped into the red around mid afternoon before edging up to end the session with a small gain.
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European Stocks Close Broadly Higher
European stocks closed broadly higher on Friday although gains were just modest in most of the markets in the region.
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Canadian Market Modestly Higher As Cannabis, Energy Stocks Rally
Despite paring some early gains, the Canadian market remains in positive territory in late morning trades on Friday thanks to strong gains in healthcare, energy, technology and real estate sectors.
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Pred 934 dňami
U.S. Consumer Sentiment Slumps In November, Inflation Expectations Ticker Higher
The University of Michigan released preliminary data on Friday showing U.S. consumer sentiment has pulled back much more than expected in November after seeing modest improvements in recent months. The report showed the consumer sentiment index slumped to 54.7 in November after inching up 59.9 in October.
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UK GDP Logs First Contraction Since Early 2021
The UK economy contracted for the first time in six quarters in the three months ended September, which is likely to be the beginning of a prolonged recession as projected by the Bank of England. Gross domestic product shrank 0.2 percent sequentially, offsetting the 0.2 percent gain in the second quarter, the first estimate from the Office for National Statistics showed Friday.
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Pred 934 dňami
U.S. Dollar Lower On Hopes For Slower Fed Rate Hikes
The U.S. dollar lost ground against its major counterparts in the European session on Friday, as indications that inflation has peaked in October supported the case for a slowdown in the pace of rate hikes in the coming months.
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more news
Malaysia GDP Expands At Fastest Pace In More Than A Year
Malaysia's economic growth rose to double-digit in the third quarter, which was the biggest in more than a year, on base effects and robust domestic demand, official data showed on Friday. Gross domestic product registered a sharp annual growth of 14.2 percent after expanding 8.9 percent in the second quarter, data released by Bank Negara Malaysia revealed. This was the biggest since the second
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United Airlines Offers 5% Pay Hike To Pilots Ahead Of Schedule
United Airlines Holdings Inc. is giving pilots a 5 percent pay raise as promised during a pandemic cost-reduction deal, reports said. The pay hike is months ahead of schedule following the airline's return to profitability and positive outlook. The news came as the airline is struggling to come to terms on a new contract with its pilots' union, The Air Line Pilots Association or ALPA.
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Bay Street Looks Headed For Positive Start
Higher stock futures and firm crude oil and gold prices point to a positive start for the Canadian market on Friday.
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Innovid Trims FY22 Revenue Outlook - Update
While reporting financial results for the third quarter on Friday, advertising platform Innovid Corp. (CTV) provided revenues guidance for the fourth quarter and trimmed its revenue outlook for the full-year 2022.
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Pred 934 dňami
Algonquin Power & Utilities Slashes FY22 Outlook As Q3 Adj. EPS Misses Estimates
Algonquin Power & Utilities Corp. (AQN, AQN.TO) reported Friday a net loss attributable to shareholders for the third quarter of $195.2 million or $0.29 per share, sharply wider than $27.9 million or $0.05 per share in the prior-year quarter.
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Pred 934 dňami
Pound Eases As U.K. Economy Shrinks
The pound retreated from its early highs against its most major counterparts in the European session on Friday, as the U.K. economy contracted in the third quarter, fuelling concerns over a recession.
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Pred 934 dňami
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