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Rebound Anticipated For South Korea Stock Market
The South Korea stock market on Monday wrote a finish to the three-day winning streak in which it had advanced more than 100 points or 2 percent. The KOSPI now sits just beneath the 4,950-point plateau although it's expected to bounce higher again on Tuesday.
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229 days ago
Hong Kong Trade Data Due On Tuesday
Hong Kong will on Tuesday release December figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
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229 days ago
Swiss Market Ends Slightly Down
After a weak start and a subsequent fall to lower levels Monday morning, the Switzerland market languished in negative territory till the penultimate hour of the day's session before staging a marginal recovery.
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229 days ago
Major European Markets Close Mixed
The major European markets closed mixed on Monday after a choppy ride, even as most of the other markets in the region posted strong gains.
Investors assessed geopolitical news, a potential U.S. government shutdown, and U.S. President Donald Trump's threat that his administration would impose a 100% tariff on Canada if it strikes a trade deal with China.
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229 days ago
TSX Retreats After Hitting New Record High
After opening modestly higher and moving further up, the Canadian market pared some gains subsequently, but remained in positive territory a little past noon on Monday, thanks to gains in materials and technology sectors.
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229 days ago
U.S. Durable Goods Orders Surge 5.3% In November, Much More Than Expected
A report released by the Commerce Department on Monday showed new orders for U.S. manufactured durable goods surged by much more than expected in the month of November. The Commerce Department said durable goods orders shot up by 5.3 percent in November after tumbling by 2.1 percent in October. Economists had expected durable goods orders to jump by 3.0 percent.
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229 days ago
U.S. Durable Goods Orders Surge Much More Than Expected In November
A report released by the Commerce Department on Monday showed new orders for U.S. manufactured durable goods surged by much more than expected in the month of November.
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229 days ago
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Bay Street Likely To Open On Positive Note On Rising Metal Prices
Despite trade uncertainty following U.S. President Donald Trump's threat of a 100% tariff on Canada, Bay Street is likely to open on a positive note Monday morning thanks to higher commodity prices.
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229 days ago
FTSE 100 Up Marginally; Mining Stocks Move Higher
UK's key equity index FTSE 100 was up marginally a few minutes before noon on Monday with stocks turning in a mixed performance. Mining stocks found support as prices of gold and silver moved up sharply, while shares from consumer sector were under some selling pressure.
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229 days ago
CAC 40 Modestly Lower As Tariff Concerns Weigh
France's equity index CAC 40 drifted lower on Monday as U.S. President Donalt Trump's tariff threat on Canada, and renewed geopolitical concerns weighed on sentiment. Also, investors remained a bit cautious ahead of the Federal Reserve's monetary policy announcement, due on Wednesday.
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229 days ago
German Business Confidence Remains Unchanged
German business sentiment remained unchanged in January as the improvement in current situation was offset by the deterioration in expectations, survey data from the Munich-based ifo Institute showed on Monday. The business climate index remained unchanged at 87.6 in January, while the score was expected to rise to 88.3. The current situation index rose to 85.7 in January from 85.6 in December.
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229 days ago
German Stocks Subdued In Cautious Trading
German stocks remained mostly subdued Monday morning with U.S. President Donald Trump's threat of 100% tariffs on Canada and fears of government shutdown in the U.S., rendering the mood cautious.
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229 days ago
European Shares Subdued As Uncertainties Galore
European stocks were muted on Monday as Iran-U.S. tensions escalated and traders looked ahead to the U.S. Federal Reserve's policy decision later in the week for direction.
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229 days ago
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