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Rebound Anticipated For South Korea Shares
The South Korea stock market on Thursday ended the six-day winning streak in which it had surged more than 320 points or 8.6 percent to a record closing high. The KOSPI now rests just beneath the 3,850-point plateau although it may bounce higher again on Friday.
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328 days ago
Swiss Franc Rises Against Majors
The Swiss franc advanced against its major counterparts in the New York session on Thursday.
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328 days ago
Australia Manufacturing PMI Sinks Into Contraction - S&P Global
The manufacturing sector in Australia slipped into contraction in October, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.7.
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328 days ago
Japan Inflation Data Due On Friday
Japan will on Friday release September figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In August, overall inflation was up 0.1 percent on month and 2.7 percent on year, while core CPI also rose an annual 2.7 percent.
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328 days ago
Canadian Market Headed For Another Strong Finish
The Canadian market remains firmly up in positive territory Thursday afternoon, lifted by gains in energy, technology, materials and consumer discretionary stocks.
Expectations of an interest rate cut by the Canadian central bank next week, and hopes the upcoming national budget will contain some proposals for huge funding in major initiatives.
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328 days ago
Swiss Market Ends Moderately Lower
The Switzerland market ended on a weak note on Thursday after languishing in negative territory right through the day's session.
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328 days ago
European Markets Close Higher As Investors Focus On Earnings
European stocks closed higher on Thursday with investors mostly reacting to corporate earnings announcements. Concerns about geopolitical tensions and the potential impact of tariffs on global economic growth weighed a bit and limited markets' upside.
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328 days ago
more news
U.S. Existing Home Sales Increase In Line With Estimates In September
A report released by the National Association of Realtors on Thursday showed existing home sales in the U.S. increased in line with economist estimates in the month of September. NAR said existing home sales jumped by 1.5 percent to an annual rate of 4.06 million in September after dipping by 0.2 percent to an annual rate of 4.00 million in August. The rebound matched expectations.
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328 days ago
Bay Street Likely To Open Higher On Firm Oil, Metal Prices
Higher crude oil and metal prices point to a firm start for the Canadian market on Thursday. Investors are also expecting that the upcoming Canadian budget will contain some huge funding in major initiatives.
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328 days ago
Turkey Central Bank Cuts Key Rates By 100 Bps As Expected
Turkey's central bank reduced the pace of interest rate cuts on Thursday as inflation accelerated due to higher food prices. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, headed by Yasar Fatih Karahan, decided to reduce the policy rate by 100 basis points to 39.50 percent from 40.50 percent.
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328 days ago
FTSE 100 Advances As Investors React To Earnings Announcements
U.K.'s FTSE 100 remains firmly up in positive territory a little past noon on Thursday, with investors reacting to a slew of encouraging corporate earnings announcements. Energy and mining stocks are faring well.
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328 days ago
French Manufacturing Sentiment Strengthens Unexpectedly
French manufacturing confidence strengthened unexpectedly in October to the highest level in more than a year, data from the statistical office INSEE showed on Thursday.
The manufacturing confidence index rose to 100.7 in October from 96.7 in September, while the reading was forecast to drop to 96.0. Moreover, the score was the highest since March 2024.
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328 days ago
CAC 40 Hovers Near Record High; Kering Soars Over 10%
France's CAC 40 is hovering near its record high on Thursday with investors largely reacting to corporate earnings announcements, and data showing an improvement in industry confidence in France in the month of October.
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328 days ago
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