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Actualités Forex
Singapore GDP Growth Weakens Sharply On Lackluster Manufacturing
Singapore's economic growth weakened sharply towards the end of the year as the manufacturing sector slid into contraction mainly due to falls in electronics and biomedical production. Gross domestic product grew only 2.2 percent on a yearly basis in the fourth quarter, moderating from the 4.2 percent expansion in the preceding period.
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SpaceX Reportedly Raising $750 Mln
Elon Musk's Space Exploration Technologies Corp. or SpaceX is raising $750 million in a new round of funding, valuing the company at $137 billion, CNBC reported citing a correspondence it viewed. Andreessen Horowitz, also known as a16z, could be a lead investor in the rocket maker and satellite internet company.
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European Economic News Preview: Germany Flash Inflation, Unemployment Due
Flash inflation and unemployment data from Germany and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Tuesday. At 3.30 am ET, Swiss manufacturing PMI survey data is due. The PMI is expected to fall to 53.3 in December from 53.9 in the previous month.
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European Shares May See Cautious Start After Monday's Rally
European stocks are seen opening on a cautious note Tuesday after posting strong gains in the previous session.
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China Manufacturing Activity Weakens On Covid Containment Measures
China's factory activity deteriorated further at the end of the year as Covid-19 containment measures together with softer demand forced manufacturers to downsize production. The Caixin manufacturing Purchasing Managers' Index edged down to 49.0 in December from 49.4 in the previous month, survey results published by S&P Global showed on Tuesday.
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Sensex, Nifty Fluctuate In Early Trade
Indian shares struggled for direction in early trade on Tuesday amid a lack of directional cues from Wall Street.
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Asian Markets Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, despite the broadly positive cues from global markets overnight, as traders remain concerned aggressive monetary policy moves by global central banks this year also could tip the global economy into recession. Traders continued to refrain from creating fresh long positions. Asian markets closed mixed on Monday.
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more news
Sensex, Nifty Seen Flat To Slightly Lower At Open
Indian shares may open on a tepid note Tuesday, tracking mixed Asian cues and rising oil prices.
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Australian Market Sharply Lower
The Australian stock market is sharply lower on Tuesday after opening in the green on the first trading day of the year, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,000 mark, despite the broadly positive cues from global markets overnight, as trader reacted to data that showed the lowest growth in factory activity since May 2020.
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Eurozone Factory Slowdown Softens As Supply Chain, Inflation Pressures Ease
Downturn in the euro area manufacturing slowed in the final month of 2022 amid healing supply chains and softening inflationary pressures, final results of the purchasing managers' survey from S&P Global showed Monday. The manufacturing Purchasing Managers' Index rose to a three-month high of 47.8 in December from 47.1 in November. The reading came in line with the flash estimate.
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Sensex, Nifty See Modest Gains On First Trading Day Of The Year
Indian shares ended Monday's range-bound session modestly higher after the release of auto sales and manufacturing data.
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European Shares Gain In Thin Trade As Manufacturing Downturn Eases
European stocks traded higher on Monday after recording their worst annual performance since 2018 last year.
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China Private Sector Sinks Into Deeper Contraction Amid Covid Scare
China's manufacturing and services sectors weakened the most since early 2020 despite the abrupt abandonment of zero Covid policy in December amid public resistance, as the number of infections rise that prompted several countries to raise alerts and, bring back testing and protective measures. The official manufacturing Purchasing Managers' Index declined to 47.0 in December.
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