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Forex Nyheter
CAC 40 Slides Ahead Of Key US Data
French stocks drifted lower on Wednesday ahead of key U.S. economic data due this week that could sway the Federal Reserve's interest-rate decisions in the coming months.
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Europe New Car Registrations Rise Further Amid Massive EV Sales Growth
The European car market continued to log double-digit sales growth in July amid the rising demand for battery electric vehicles, after component shortages damped sales in the same month last year, data released by the European Automobile Manufacturers' Association, or ACEA, showed on Wednesday.
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DAX Slips On Inflation Concerns
German stocks fell on Wednesday and bond yields jumped after data showed the consumer price index in the bellwether state of North Rhine-Westphalia rose by 5.9 % year-on-year in August from 5.8 percent in July.
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Burger King Must Face Lawsuit Over Whopper Size
A U.S. judge has ruled that Burger King must face a lawsuit for allegedly making its Whopper burger appear larger on its menus than its actual size. In the class action lawsuit against Burger King, the plaintiffs alleged that the Whopper's depiction on in-store menu boards was made to look 35% larger, with a meatier patty and ingredients that overflow over the bun.
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Asian Shares Mostly Higher On Fed Hopes
Asian stocks hit two-week highs on Wednesday while the dollar wobbled as weak U.S. labor market data bolstered bets that the Fed's rate hike cycle could be nearing the end.
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Australian Dollar Recovers As Asian Shares Traded Higher
The Australian dollar recovered from its recent losses against its major counterparts in the Asian session on Wednesday, as softer-than-expected U.S. consumer sentiment and job openings data helped ease concerns about interest rates, lifting investor sentiment. Chinese stimulus measures are also aiding market sentiment.
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European Economic News Preview: Germany Flash Inflation Data Due
Flash inflation from Germany and mortgage approvals from the UK are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, the European Automobile Manufacturers' Association publishes new car registrations data. In the meantime, Destatis is scheduled to release Germany's import price data.
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more news
Australian Dollar Recovers Against Majors
The Australian dollar recovered from its recent losses against its major counterparts in the Asian session on Wednesday.
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European Shares To Open On Firm Note Ahead Of Key Data
European shares are likely to open higher on Wednesday as soft U.S. data released overnight spurred hopes that the Federal Reserve is done with its monetary tightening.
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Sensex, Nifty Open Higher On Firm Global Cues
Indian shares traded higher on Wednesday, as soft U.S. data released overnight reinforced views that the Federal Reserve is nearing the end of its rate tightening cycle.
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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as softer-than-expected consumer sentiment and job openings data, helped ease concerns about interest rates, lifting investor sentiment. Chinese stimulus measures are also aiding market sentiment. Asian markets closed mostly higher on Tuesday.
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Sensex, Nifty To Follow Global Peers Higher As Fed Worries Ease
Indian shares may open on a positive note Wednesday, mirroring firm cues from global markets as soft U.S. jobs data helped ease concerns over rate hikes.
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Wednesday, extending the gains in the previous two sessions, with the Nikkei 225 moving above the 32,500 level, following the broadly positive cues from global markets overnight, with gains in financial and technology stocks.
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