U.S. Dollar Spikes Up Against Majors

Reversing direction, the U.S. dollar advanced against its key counterparts in late Asian deals on Wednesday.

The greenback strengthened to 0.9631 against the franc and 1.2238 against the euro, from its early more than 4-month low of 0.9573 and more t…

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FTSE 100 called to continue south after Wall Street reverses gains

The FTSE 100 is called to start lower after Wall Street posted a sharp reversal on Tuesday and Asian stocks fell. US shares had surged to new records at the open yesterday after the Martin Luther King day holiday, but the gains were all relinquished as…

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UK Firms' Marketing Budgets Rise At Slower Pace

The marketing budgets of UK private sector companies expanded at the slowest pace in nearly two years in the fourth quarter of 2017, the IPA Bellwether report, published by IHS Markit showed Wednesday.

A net balance of 8.6 percent of companies raise…

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FTSE 100 Price Forecast January 17, 2018, Technical Analysis

The FTSE 100 broke down during the trading session on Tuesday, slicing through an uptrend line that has been rather reasonably reliable. Because of this, I think that the market will perhaps go a little lower, but I still believe in the longer-term upt…

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European Economics Preview: Eurozone Final Inflation Data Due

Final consumer price data from euro area is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the European Automobile Manufacturers Association is scheduled to issue new car registrations figures for December. S…

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UK Stocks-Factors to watch on Jan 17

Jan 17 (Reuters) – Britain’s FTSE 100 index is seen opening down 21 points at 7,735.3 on Wednesday, according to financial bookmakers. * RIO TINTO: Rio Tinto Plc on Tuesday said a U.S. regulator’s lawsuit accusing the big Anglo-Australian mining company of fraud for overstating the value of …

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UK Stocks-Factors to watch on Jan 17

The UK blue chip FTSE 100 index closed down 0.28 percent at 7,747.18 points on Tuesday, as oil and mining companies dragged the index, tracking energy and metals prices lower, after gaining earlier in the session on a fall in sterling. * For more on th…

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Singapore NODX Rises Less Than Expected In December

Singapore’s non-oil domestic exports increased at a slower-than-expected pace in December, data from the International Enterprise Singapore showed Wednesday.

NODX climbed 3.1 percent year-over-year in December, well below the 9.1 percent spike in Nov…

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Australia November New Home Loans Climb 2.1% On Month

The total number of new home loans issued in Australia advanced a seasonally adjusted 2.1 percent on month in November, the Australian Bureau of Statistics said on Wednesday – standing at 56,625.

That beat expectations for a flat reading following th…

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Paris, London

A partnership between Imperial College London and a major French agency will keep access to European research funding.

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Japan Core Machine Orders Spike 5.7% In November

The value of core machine orders in Japan surged a seasonally adjusted 5.7 percent on month in November, the Cabinet Office said on Wednesday – coming in at 899.2 billion yen.

That beat expectations for a decline of 1.2 percent on month following the…

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Miners weigh on FTSE while JD Sports pops

The FTSE 100 is being held back by the commodity related companies, as the rest of Europe has a strong session. The London equity benchmark has a relatively high exposure to the commodities markets, and the decline in BP, Rio Tinto, Glencore and BHP Bi…

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Australia New Home Loans Rise 2.1% On Month In November

The total number of new home loans issued in Australia was up a seasonally adjusted 2.1 percent on month in November, the Australian Bureau of Statistics said on Wednesday – coming in at 56,625.

That beat expectations for a flat reading following the…

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Australia Consumer Confidence Advances In January – Westpac

Consumer confidence in Australia picked up steam in January, the latest survey from Westpac Bank revealed on Wednesday as its index jumped 1.8 percent to a score of 105.1.

That follows the 3.6 percent spike in December to a reading of 103.3.

A readi…

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Japan Core Machine Orders Jump 5.7% In November

Core machine orders in Japan were up a seasonally adjusted 5.7 percent on month in November, the Cabinet Office said on Wednesday.

That beat expectations for a decline of 1.2 percent on month following the 5.0 percent jump in October.

On a yearly ba…

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