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Forex Market News

Stocks – European Markets Open Mixed in Cautious Trade

Investing.com - Investing.com - European markets opened mixed in cautious trade on Monday, as investors focused on a fresh batch of earnings reports, amig ongoing concerns over Brexit negotiations and U.S. tax reform plans. The EURO STOXX 50 inched 0.03% higher, France’s CAC 40 dipped 0.01%, while Germany’s DAX 30 was up 0.11% by 03:40 a.m. ET (07:40 GMT). Investors remained cautious following reports over the weekend that 40 Conservative members of the UK parliament agreed to sign a letter of no-confidence in Prime Minister Theresa May. That is eight short of the number needed to trigger a party leadership contest and force ...

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Gold Prices Drift Higher at Start of Busy Week

Investing.com - Investing.com - Gold prices drifted higher at the start of a busy week on Monday, as investors looked ahead to key U.S. economic reports to gauge how it will impact the Federal Reserve's view on monetary policy in the months ahead. Comex gold futures inched up around $3.00, or 0.2%, to $1,277.04 a troy ounce by 3:00AM ET (0800GMT). The yellow metal finished down $13.30, or around 1%, on Friday, but still booked a weekly gain of about 0.4%, marking its first weekly rise in that past four weeks. Market players will keep an eye out on a few U.S. economic ...

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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.45%

Investing.com - Investing.com – Taiwan stocks were lower after the close on Monday, as losses in the , Textile and Rubber sectors led shares lower. At the close in Taiwan, the Taiwan Weighted fell 0.45% to hit a new 1-month low. The best performers of the session on the Taiwan Weighted were Enterex International Ltd (TW:1592), which rose 9.89% or 3.05 points to trade at 33.90 at the close. Meanwhile, AOPEN Inc (TW:3046) added 9.89% or 0.44 points to end at 4.89 and Central Reinsurance Corp (TW:2851) was up 9.87% or 1.55 points to 17.25 in late trade. The worst performers ...

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Forex – Dollar Edges Higher Against The Yen In Early Asia

Investing.com - Investing.com - The dollar edged higher against the yen in early Asia on Monday in a light data day ahead. USD/JPY changed hands at 113.56, up 0.08%, while AUD/USD traded at 0.7661, down 0.25%. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies,was last quoted down 0.13% to 94.30. Inflation readings will matter most for global financial markets this week, with the U.S., UK, euro zone and Canada all set to release CPI data. Investors will also be focusing on the Central Bank Communications Conference hosted by the ECB, with a panel discussion including ...

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Gold / Silver / Copper Prices – Weekly Outlook: November 13 – 17

Investing.com - Investing.com - Gold prices fell sharply on Friday as a large sell order with an unclear catalyst jolted the market ahead of the weekend. Gold futures for December delivery settled down 0.96% at $1,274.20 on the Comex division of the New York Mercantile Exchange, the lowest level since November 7. Prices of the precious metal rose to a three-week high on Thursday amid increased geopolitical risks, particularly in the Middle East. The selloff in gold coincided with a move lower in the dollar, which was hit by growing doubts over whether Republicans will be able to push through their tax overhaul ...

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