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Forex Nyheter
Higher Open Anticipated For China Stock Market
The China stock market bounced higher again on Monday, one session after ending the three-day winning streak in which it had gathered more than 70 points or 2.2 percent. The Shanghai Composite Index now rests just beneath the 3,370-point plateau and it may add to its winnings on Tuesday.
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Win Streak May Continue For Taiwan Stock Market
The Taiwan stock market has moved higher in two straight sessions, collecting almost 600 points or 3 percent in that span. The Taiwan Stock Exchange now sits just beneath the 21,130-point plateau and it's tipped to open in the green on Tuesday.
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Singapore Shares May Test Resistance At 3,900 Points
Ahead of Monday's holiday for Wesak Day, the Singapore stock market had bounced higher again, one day after ending the five-day winning streak in which it had risen more than 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,875-point plateau and it's expected to open to the upside again on Tuesday.
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Malaysia Bourse Tipped To Return To The Upside
Ahead of Monday's holiday for Wesak Day, the Malaysia stock market had moved higher in two of three trading days since ending the two-day slide in which it had slipped six points or 0.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,545-point plateau and it's likely to see additional support again on Tuesday.
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Nikkei May Crack Resistance At 38,000 Points
The Japanese stock market has moved higher in three straight sessions, rallying more than 860 points or 2.3 percent along the way. The Nikkei 225 now sits just beneath the 37,650-point plateau and it may extend its gains again on Tuesday.
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Tech Shares Likely To Power KOSPI
The South Korea stock market rebounded on Monday, one session after snapping the three-day winning streak in which it had risen more than 20 points or 0.8 percent. The KOSPI now sits just shy of the 2,610-point plateau and it may add to its winnings on Tuesday.
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New Zealand Card Retail Sales Data Due On Tuesday
New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. In March, sales sank 0.8 percent on quarter and 1.6 percent on year.
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Pound Rises Against Most Majors
The pound advanced against its most major counterparts in the New York session on Monday.
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TSX Remains Firmly Up Despite Coming Off Early Highs
The Canadian market remains in positive territory Monday afternoon as the mood remains fairly bullion amid easing concerns about tariffs following China and U.S. agreeing on a trade deal.
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Swiss Market Ends On Bright Note As Stocks Rally On Late Buying
The Switzerland market, which faltered after a marginal upmove at the start and stayed sluggish till well past noon on Monday, climbed higher in late afternoon trade with stocks from across several sectors attracting buyers.
News about China and the U.S. agreeing on a trade deal, and the resultant buoyancy in major European markets lifted sentiment in the Swiss market as well.
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European Markets Close On Strong Note As U.S.-China Trade Deal Lifts Sentiment
European stocks closed on a firm note on Monday, with the German market hitting a new record high, and the French market climbing to a six-week high, as the mood remained quite bullish across the region as the U.S. and China agreed on a trade deal over the weekend.
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Dollar Extends Gains As Trade Tensions Ease
It was another positive week for the greenback as easing trade tensions and hopes of a deal with China helped the U.S. Dollar build on gains made in the previous week.
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Fox Q3 Profit Down, Revenues Climb, Both Ahead Of Market; Stock Gains
Media firm Fox Corp. reported Monday weak earnings in its third quarter on higher expenses, while revenues were higher, benefited mainly by advertising revenue growth of 65 percent, primarily due to the impact of Super Bowl LIX. Adjusted earnings and top line beat market estimates. In pre-market activity on the Nasdaq, the FOX shares were gaining around 3.8 percent.
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