TSX Ends Modestly Higher

The Canadian benchmark S&P/TSX Composite Index very nearly breached a record high on Thursday, but pared most of its gains and ended the day\'s session just modestly higher as investors took some profits at higher levels in the final hour. Dovish comments from the Federal Reserve and the Bank of England, a surprise rate cut...

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Dollar Rises On Strong Economic Data

The U.S. dollar climbed higher on Thursday, lifted by encouraging economic data. Data from the Labor Department showed initial jobless claims edged down to 210,000 in the week ended March 16th, a decrease of 2,000 from the previous week\'s revised level of 212,000. The dip surprised economists, who had expected jobless claims to rise to...

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Japan Inflation Data Due On Friday

Japan will on Friday release February data for consumer prices, highlighting a light day for Asia-Pacific economic activity. In January, overall inflation was flat on month and up 2.2 percent on year, while core CPI rose an annual 2.0 percent. New Zealand will provide February numbers for imports, exports and trade balance. In January, imports...

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New Zealand Has NZ$218 Million Shortfall In February

New Zealand posted a merchandise trade deficit of NZ$218 million in February, Statistics New Zealand said on Friday. That beat forecasts for a shortfall of NZ$825 million following the downwardly revised NZ$1.089 billion in January (originally -NZ$976 million). Exports were worth NZ$5.89 billion, up from the downwardly revised NZ$4.82 billion in the previous month (originally...

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China Shares Expected To Open In The Green

The China stock market on Tuesday snapped the two-day winning streak in which it had collected almost 50 points or 1.6 percent. The Shanghai Composite Index now rests just above the 3,060-point plateau and it\'s likely to see additional support on Wednesday. The global forecast for the Asian markets is positive ahead of the Federal...

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