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Berita Valas
U.S. Mortgage Applications Fall For Third Week: MBA
Mortgage applications for house purchase in the U.S. decreased for a third week in a row, survey results from the Mortgage Bankers Association showed on Wednesday.
The market composite index, which measures the house purchase mortgage loan application volume, dropped a seasonally adjusted 1.8 percent in the week ended October 10 following a 4.7 percent decline in the previous week, results of th
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16 minutes ago
New York Manufacturing Index Unexpectedly Indicates Growth In October
New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index surged to a positive 10.7 in October after plunging to a negative 8.7 in September, with a positive reading indicating growth.
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3h 10min ago
Bay Street Likely To Open Higher Again
Canadian shares are likely to open on a positive note Wednesday morning, tracking the firm trend in European markets, and higher commodity prices.
The undertone is likely to remain firm amid expectations of an interest rate cut by the Federal Reserve at its upcoming monetary policy meeting.
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4h 13min ago
New York Manufacturing Index Unexpectedly Returns To Positive Territory
New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday.
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4h 15min ago
Eurozone Industrial Production Declines
Eurozone industrial production logged a monthly fall in August, reflecting the uncertainty surrounding the global trade environment. Industrial output dropped 1.2 percent month-on-month, in contrast to the 0.5 percent increase in July, Eurostat said Wednesday. However, the decline was less severe than the forecast of 1.6 percent.
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4h 36min ago
FTSE 100 Drifts Lower
The UK stock market is down in negative territory on Wednesday, unlike its peers Germany and France, which have moved higher thanks to a good show by stocks from the luxury sector after French major LVMH reported better-than-expected sales in the third quarter.
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4h 50min ago
CAC 40 Rises Over 2% As Luxury Stocks Sparkle
France's benchmark CAC 40 is up firmly in positive territory around early afternoon on Wednesday with luxury stocks turning in a fine performance after sector major LVMH's fairly strong sales in the third-quarter pointing to a recovery in global luxury demand.
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5h 16min ago
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DAX Modestly Higher In Cautious Trade
After opening slightly higher and moving further up subsequently, the German market briefly fell into negative territory Wednesday morning before emerging above the flat line in cautious trade.
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6h 11min ago
Sensex, Nifty End Notably Higher On Firm Global Cues
Indian shares rose notably on Wednesday after Federal Reserve Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring.
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6h 24min ago
Euro Rises Amid Risk-on Mood
The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher with French markets outperforming their regional peers, after LVMH, the owner of Louis Vuitton and Christian Dior, unexpectedly returned to sales growth in the third quarter.
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6h 46min ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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7h 12min ago
China Consumer Prices Drop More Than Forecast; PPI Continues To Fall
China's consumer prices declined more than expected in September on weaker domestic demand and oversupply, and producer prices remained in deflationary pressures for the 36th straight month, highlighting the persistent deflationary pressure. Consumer prices dropped 0.3 percent on a yearly basis in September, the National Bureau of Statistics reported Wednesday.
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7h 17min ago
Canadian Dollar Falls Against Most Majors
The Canadian dollar weakened against most major currencies in the European session on Wednesday.
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7h 22min ago
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