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German Ifo Business Confidence Brightens In March
Business confidence in Germany improved in March on stronger expectations and better assessment of the current conditions, survey results from the ifo Institute showed on Friday. The business sentiment index rose more-than-expected to 87.8 from an upwardly revised 85.7 in February. The score was forecast to climb to 86.0.
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UK Retail Sales Stable Amid Wet Weather
UK retail sales steadied in February after rebounding at the start of the year, as poor weather lead to a reduction in footfall, data released by the Office for National Statistics showed on Friday. Retail sales were unchanged from January, when they expanded by a revised 3.6 percent in January. Sales were forecast to fall 0.4 percent.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Commodity Currencies Slide As Most Asian Markets Traded Lower
The commodity currencies weakened against other major currencies in the Asian session on Friday, as most Asian stock markets traded lower, despite the broadly positive cues from global markets overnight, as some markets retreated from recent highs with traders eager to book some profits. Some traders also remain worried recent hotter-than-expected U.S. inflation data could lead Fed officials to reconsider lowering rates.
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DoJ, States Sue Apple Over Smartphone Market Monopoly
The U.S. Department of Justice, along with various state and district attorneys general, sued Apple Inc. for allegedly maintaining monopolization or attempted monopolization of smartphone markets. The complaint alleges that in violation of Section 2 of the Sherman Act, the iPhone maker illegally maintains a monopoly over smartphones by selectively imposing contractual restrictions on,...
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European Markets Seen Opening On A Weak Note
Stock markets in Europe are seen opening on weak note on Friday amidst anxiety about central bank monetary policies.
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Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Friday.
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925 hari yang lalu
Berita lainnya
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Friday.
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925 hari yang lalu
European Economic News Preview: Germany Ifo Business Confidence Due
Business sentiment survey results from Germany and retail sales from the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for February. Sales are forecast to fall 0.4 percent on month, in contrast to the 3.4 percent rise in January.
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925 hari yang lalu
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
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925 hari yang lalu
Nestle Recalls Mugs Sold With Starbucks-Branded Gift Sets
Nestle USA Inc., affiliated to Swiss food and beverage giant Nestle SA, is recalling about 440,500 units of metallic mugs included in 2023 Holiday Starbucks-branded Gift Sets, according to the U.S. Consumer Product Safety Commission. The mugs can overheat or break if microwaved or filled with extremely hot liquid, posing burn and laceration hazards.
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Sensex, Nifty Recover After Early Setback; IT Stocks Down Sharply
Indian stocks off to a weak start Friday morning as technology stocks tumbled after Accenture lowered its full-year revenue guidance. However, the market has staged a recovery thanks to stocks from other sectors finding good support.
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925 hari yang lalu
Asian Markets Mostly Lower
Asian stock markets are trading mostly lower on Friday, despite the broadly positive cues from global markets overnight, as some markets retreated from recent highs with traders eager to book some profits. Some traders also remain worried recent hotter-than-expected US inflation data could lead Fed officials to reconsider lowering rates. Asian markets ended mostly higher on Thursday.
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925 hari yang lalu
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