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European Markets Close Weak On Geopolitical Concerns
European markets closed weak on Monday as investors largely refrained from making big moves amid worries about escalating Middle East tensions and higher crude oil prices, as well weak Chinese data.
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23 days ago
Canadian Market Gains Ground On Materials, Energy Sector Strength
The S&P/TSX Composite Index climbed 63.53 points or 0.17% to 36,793.79 Monday, supported by materials and energy sector rallies. Rising core inflation data and geopolitical worries kept overall momentum cautious.
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23 days ago
U.S. Homebuilder Confidence Unexpectedly Improves Modestly In August
The National Association of Home Builders released a report on Monday unexpectedly showing a modest improvement in U.S. homebuilder confidence in the month of August. The report said the NAHB/Wells Fargo Housing Market Index ticked up to 35 in August from 34 in July. Economists had expected the index to edge down to 33.
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23 days ago
Slowing Fed Hike Bets Dent The Dollar's Rebound
A slew of economic data releases from the U.S. last week dimmed rate hike expectations from the Federal Reserve, limiting the U.S. Dollar's rebound against major currencies.
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23 days ago
Yen Falls After Weaker-than-expected Japan GDP Data
The Japanese yen weakened against other major currencies in the European session on Monday, as the Bank of Japan's tightening plans have been called into question by weaker-than-expected Japanese GDP numbers.
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23 days ago
Commodity Currencies Climb As Crude Oil Prices Surge
The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the European session on Monday, as the crude oil prices remained elevated as renewed fighting in Lebanon and further tanker attacks in the Strait of Hormuz clouded prospects for ending the U.S.-Iran war.
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23 days ago
New York Manufacturing Index Unexpectedly Jumps To Over Four-Year High In August
New York manufacturing activity grew strongly in the month of August, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index climbed to 20.6 in August from 15.6 in July, with a positive reading indicating growth. Economists had expected the index to fall to 11.0.
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23 days ago
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Monday.
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23 days ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the European session on Monday.
RTTNews
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23 days ago
Bay Street May Open On Mixed Note With Focus On Inflation Data, Commodities
Canadian stocks are likely to open mixed on Monday with investors digesting the nation's inflation data and the trend in the commodity markets. Worries about the ongoing U.S.-Iran conflict may continue to weigh on sentiment.
RTTNews
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23 days ago
New York Manufacturing Index Unexpectedly Increases In August
New York manufacturing activity grew strongly in the month of August, according to a report released by the Federal Reserve Bank of New York on Monday.
RTTNews
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23 days ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the European session on Monday.
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23 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the European session on Monday.
RTTNews
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23 days ago
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