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Forex News
Swiss Market Ends On Firm Note
The Switzerland market shrugged off a sluggish start and moved higher on Friday as news about loosening of Covid restrictions in China helped outweigh concerns about economic slowdown and prompted investors to pick up some stocks.
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874 days ago
European Stocks Close Higher As Focus Shifts To Upcoming Policy Meetings
European stocks closed higher on Friday with investors reacting to news about China loosening some of the world's strictest Covid-19 restrictions, and a drop in China's consumer price inflation.
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874 days ago
Canadian Market Modestly Higher Around Noon
The Canadian market is up in positive territory around noon on Friday, thanks to strong gains in technology and materials sectors. A few stocks from healthcare sector are also up with notable gains.
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874 days ago
Dollar Advances As Strong U.S. PPI Data Raises Fed Rate Hike Concerns
The U.S. dollar rebounded against its major opponents in the European session on Friday, as the nation's producer inflation rose more than expected in November, raising concerns about the Federal Reserve's outlook for interest rates.
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874 days ago
U.S. Wholesale Inventories Rise Less Than Expected In October
The Commerce Department released a report on Friday showing U.S. wholesale inventories increased by less than expected in the month of October. The report said wholesale inventories rose by 0.5 percent in October after climbing by 0.6 percent in September. Economists had expected wholesale inventories to increase by 0.8 percent.
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874 days ago
U.S. Consumer Sentiment Unexpectedly Improves In December, Inflation Expectations Dip
Preliminary data released by the University of Michigan on Friday unexpectedly showed an improvement in U.S. consumer sentiment in the month of December. The report said the consumer sentiment index climbed to 59.1 in December from 56.8 in November, while economists had expected the index to drop to 53.3.
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874 days ago
U.S. Producer Price Growth Exceeds Estimates In November
A report released by the Labor Department on Friday showed U.S producer prices increased by more than expected in the month of November. The Labor Department said its producer price index for final demand rose by 0.3 percent in November, matching upwardly revised increases in October and September.
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874 days ago
more news
Bay Street Likely To Open On Positive Note
Higher Canadian and U.S. futures, and firm commodity prices point to a positive start for the Canadian market on Friday.
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874 days ago
U.S. Producer Prices Rise More Than Expected In November
A report released by the Labor Department on Friday showed U.S producer prices increased by more than expected in the month of November.
RTTNews
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874 days ago
Britons Find Inflation More Sticky: Bank Of England/Ipsos Survey
Britons' inflation expectations for the coming year slowed slightly in November but their outlook for the medium-term inflation was higher suggesting that inflation is considered to be more sticky, results of a survey by the Bank of England showed Friday. The one-year ahead consumer price inflation is seen at 4.8 percent compared to 4.9 percent estimated in August, a quarterly survey showed.
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874 days ago
Japanese Billionaire Picks Crew Including Artists For SpaceX's Flight To The Moon
Japanese entrepreneur Yusaku Maezawa has selected ten crewmembers, comprising artists, content creators, and athletes, to fly with him on SpaceX's Starship around the Moon on the dearMoon mission. SpaceX's first private lunar flight with dearMoon crew, including two backups, is planned to take place in 2023. Maezawa announced the crew for the mission in a YouTube video and a tweet.
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874 days ago
Swiss Franc Climbs As Focus Shifts To Central Bank Meetings
The Swiss franc was higher against its major rivals in the European session on Friday, as investors geared up for a slew of central bank policy meetings due next week.
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875 days ago
Sensex, Nifty Decline As IT Stocks Tumble On Valuation Concerns
Indian shares fell notably on Friday, with IT stocks suffering heavy losses after analysts from brokerage Credit Suisse warned of a 10-27 percent valuation-led correction for India's top four IT companies.
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875 days ago
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