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Forex News
CAC 40 Climbs To Six-month High; Stellantis, WorldLine Post Strong Gains
French stocks are up firmly in positive territory on Thursday, and the benchmark CAC 40 has climbed to a six-month high, thanks to some strong buying in technology and auto sectors.
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17h 23min ago
DAX Up Sharply On Fed Rate Cut Hopes, Easing Concerns Over Government Shutdown
German stocks are up in positive territory on Thursday amid rising expectations of more monetary easing by the Federal Reserve, and hopes that the government shutdown in the U.S. is unlikely to have a significant impact on the economy.
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17h 42min ago
Eurozone Jobless Rate Rises Slightly
The euro area unemployment rate rose slightly in August but remained near record lows despite weaker economic activity. The jobless rate climbed marginally to 6.3 percent in August from 6.2 percent in July, Eurostat said Thursday. The rate was forecast to remain unchanged at 6.2 percent.
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17h 52min ago
European Shares Climb On Fed Rate Cut Hopes
European stocks hovered near record levels on Thursday, with healthcare and chip-related stocks leading the surge.
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19h 27min ago
Asian Shares Climb Amid AI Optimism
Asian stocks advanced on Thursday as tech stocks surged amid continued hype over artificial intelligence.
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19h 41min ago
Canadian Dollar Falls Amid BoC Rate Cut Speculation
The Canadian dollar weakened against other major currencies in the Asian session on Thursday, as the latest Canadian PMI survey supports speculations on a rate reduction by the Bank of Canada.
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20h 6min ago
Australia Household Spending Growth Weakens, Trade Surplus Declines
Australia's household spending grew at a slower pace in August and the trade surplus declined sharply as exports of gold decreased dramatically, official data showed on Thursday. Household spending rose only 0.1 percent from July, when consumption grew 0.4 percent, the Australian Bureau of Statistics said. This was the weakest expansion in four months.
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20h 40min ago
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NZ Dollar Rises Amid Risk-on Mood
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday, as Asian stocks traded higher amid optimism about the outlook for interest rates following a report showing unexpected decrease in US private sector employment in the month of September. Expectations of additional rate cuts this year, and another next year have increased among traders based on projections.
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21h 6min ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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21h 35min ago
European Economics News Preview: Eurozone Unemployment Data Due
Unemployment from the euro area and Spain are due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor ministry is scheduled to issue unemployment data. The number of unemployed is expected to increase 15,400 in September. At 4.00 am ET, Italy's statistical office publishes unemployment figures for August.
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22h 13min ago
European Shares Seen Tad Higher At Open
European stocks may open on a positive note Thursday after Wall Street's main stock indexes shrugged off the first U.S. government shutdown in nearly seven years to close higher overnight, with the biggest boost from the healthcare sector.
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22h 35min ago
Australian Market Extends Early Gains In Mid-market
The Australian market is extending its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,900 level, with gains across most sectors led by mining and technology stocks.
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1 day ago
Asian Markets Track Wall Street Higher
Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism about the outlook for interest rates following a report showing unexpected decrease in US private sector employment in the month of September. Expectations of additional rate cuts this year and another next year have increased among traders based on projections.
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1 day ago
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