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Berita Valas
Canadian Market Modestly Lower, Looks Headed For Weak Close
The Canadian market, which climbed higher Friday morning after opening slightly up, slipped into negative territory subsequently and looks set to end the session on a weak note, due largely to selling at several technology counters.
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26 days ago
Swiss Market Ends Moderately Lower
Save for a very brief while at the start, the Switzerland market languished in negative territory on Friday, due largely to profit taking at several counters amid a lack of fresh triggers.
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26 days ago
European Stocks Close Mixed After Choppy Ride
European stocks turned in a mixed performance on Friday as worries about Middle East conflict and uncertainty over the reopening of the Strait of Hormuz continued to weigh on sentiment, even as concerns about Fed interest rates eased thanks to tame U.S. inflation data.
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26 days ago
U.S. Business Inventories Unexpectedly Unchanged In June
With a decrease in retail inventories offsetting increases in manufacturing and wholesale inventories, the Commerce Department released a report on Friday showing business inventories in the U.S. were unexpectedly flat in the month of June. The Commerce Department said business inventories came in virtually unchanged in June after climbing by an upwardly revised 0.4 percent in May.
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26 days ago
U.S. Consumer Sentiment Slumps Much More Than Expected In August
Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of August. The University of Michigan said its consumer sentiment index tumbled to 51.0 in August after surging to 55.2 in July. Economists had expected the index to dip to 54.2.
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26 days ago
U.S. Retail Sales Unexpectedly Decrease For First Time In Nine Months
A report released by the Commerce Department on Friday showed an unexpected decline in retail sales in the U.S. in the month of July. The Commerce Department said retail sales fell by 0.6 percent in July after rising by 0.2 percent in June. Economists had expected retail sales to inch up by 0.1 percent.
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26 days ago
Bay Street Likely To Open Slightly Up
Canadian stocks may open marginally up on Friday, riding on some buying in materials and energy sectors thanks to higher commodity prices. Middle East tensions and uncertainty about talks to reopen the Strait of Hormuz making any notable progress could weigh on sentiment and render the mood cautious.
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26 days ago
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U.S. Retail Sales Unexpectedly Fall 0.6% In July
A report released by the Commerce Department on Friday showed an unexpected decline in retail sales in the U.S. in the month of July.
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26 days ago
NZ Dollar Rises Amid Hawkish RBNZ Policy Outlook
The New Zealand dollar strengthened against other major currencies in the European session on Friday, as traders continue to price in a Reserve Bank of New Zealand (RBNZ) rate hike for next month.
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26 days ago
FTSE 100 Down Marginally; Miners Down Sharply
The UK stock market's benchmark index FTSE 100 moved in a tight range on Friday in cautious trade amid concerns about the ongoing conflict in the Middle East. Mining stocks shed ground on weak metal prices, while energy stocks gained as oil prices climbed higher.
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26 days ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the European session on Friday.
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26 days ago
CAC 40 Up Slightly In Lackluster Trade
The French stock market is somewhat subdued in lackluster trade on Friday due to the ongoing conflict in the Middle East and continued uncertainty about the reopening of the Strait of Hormuz. An acceleration in inflation weighed as well on sentiment.
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26 days ago
Indian Shares End Lower As Oil Rebounds After Ship Attacks
Indian shares ended modestly lower on Friday as heightened maritime tensions in the Middle East offset softer U.S. inflation data as well as eased concerns over Federal Reserve rate path.
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26 days ago
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