Actualités Forex
Higher Open Anticipated For China Stock Market
The China stock market turned lower again on Wednesday, one day after snapping the three-day losing streak in which it had slumped almost 40 points or 1.3 percent. The Shanghai Composite Index now sits just above the 3,065-point plateau although it's likely to find renewed support again on Thursday.
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il y a 23h 40min
Taiwan Bourse May Add To Its Winnings On Thursday
The Taiwan stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had surrendered almost 700 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 21,480-point plateau and it's expected to open in the green again on Thursday.
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Singapore Bourse Tipped To End Losing Streak
The Singapore stock market has moved lower in back-to-back sessions, slumping almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,330-point plateau although it's likely to stop the bleeding on Thursday.
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Malaysia Shares May Gain Back Wednesday's Losses
The Malaysia stock market headed south again on Wednesday, one day after ending the six-day losing streak in which it had stumbled almost 35 points or 2.1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau although it's likely to bounce higher again on Thursday.
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Australia Trade Data Due On Thursday
Australia will on Thursday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In March, imports were up 4.2 percent on month and exports rose 0.1 percent for a trade surplus of A$5.024 billion.
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U.S. Dollar Seeing Modest Strength Following Upbeat Service Sector Data
After trending lower over the past few days, the value of the U.S. dollar has shown a modest move back to the upside during trading on Wednesday.
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Swiss Market Ends On Bright Note
The Switzerland market ended on a strong note on Wednesday, in line with most of the markets across Europe, amid hopes the European Central Bank will announce its first interest rate cut in several years on Thursday.
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more news
European Stocks Close Higher Amid Optimism Over ECB Rate Cut
European stocks closed higher on Wednesday amid rising optimism about an interest rate cut by the European Central Bank (ECB) tomorrow. Data showing an increase in Eurozone Composite PMI, and growth in France's industrial output helped as well in lifting investor sentiment.
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Canadian Dollar Drops As BoC Cuts Interest Rates
The Canadian dollar declined against its major counterparts in the New York session on Wednesday, as the Bank of Canada lowered interest rates by 25 basis points.
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il y a 1
Canadian Market Up In Positive Territory After BoC's Rate Cut Announcement
The Canadian market is up in positive territory around noon on Wednesday, with investors cheering the Bank of Canada's decision to cut interest rate by 25 basis points.
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U.S. Services Index Jumps To Nine-Month In May
Service sector activity in the U.S. returned to growth in the month of May after contracting in April for the first time since December 2022, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI jumped to 53.8 in May from 49.4 in April, with a reading above 50 indicating growth in the sector.
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UK Service Sector Growth Moderates In May
The UK service sector growth moderated in May as growth momentum in business activity and new orders softened from their 11-month highs reported in April, final survey data from S&P Global showed on Wednesday. The S&P Global services Purchasing Managers' Index dropped to 52.9 in May, in line with the flash estimate, from April's 11-month high of 55.0.
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Bank Of Canada Lowers Interest Rates By A Quarter Point As Widely Expected
Citing continued evidence that underlying inflation is easing, the Bank of Canada on Wednesday announced it has decided to lower interest rates by 25 basis points. The Bank of Canada reduced its target for the overnight rate to 4.75 percent, with the bank rate at 5.0 percent and the deposit rate at 4.75 percent.
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