Forex Market News

Forex Market News

Canadian housing starts 214.1K vs. 210.0K forecast

Investing.com - Canadian housing starts fell less-than-expected last month, official data showed on Monday.In a report, Canadian Mortgage and Housing Corporation said that Canadian housing starts fell to a seasonally adjusted annual rate of 214.1K, from 252.3K in the preceding month whose figure was revised down from 253.7K.Analysts had expected Canadian housing starts to fall to 210.0K last month.

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Gold bounces off 7-week lows hit after Macron’s French election win

Investing.com - Investing.com - Gold prices were higher in North American trade on Monday, bouncing off a seven-week low touched overnight in the wake of Emmanuel Macron winning the French presidential election. Comex gold futures tacked on around $6.50, or about 0.5%, to $1,233.30 a troy ounce by 8:05AM ET (12:05GMT). Meanwhile, spot gold was at $1,232.90. Prices of the yellow metal fell to an overnight low of $1,221.0, a level not seen since March 16. Also on the Comex, silver futures rose 14.3 cents, or 0.9% to $16.41 a troy ounce, moving away from last week's four-month low of $16.21. Pro-European Union, market-friendly ...

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Sentix Euro Zone Investor Confidence 27.4 vs. 25.0 forecast

Investing.com - The Sentix index of investor confidence within the euro zone rose more-than-expected last month, official data showed on Monday.In a report, Sentix GmbH said that Sentix Euro Zone Investor Confidence rose to a seasonally adjusted 27.4, from 23.9 in the preceding month.Analysts had expected Sentix Euro Zone Investor Confidence to rise 25.0 last month.

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French borrowing costs fall to 6-month lows on election relief

Investing.com - Investing.com - French government bonds rose on Monday, pushing the country’s borrowing costs down to the lowest in six months after Emmanuel Macron’s presidential election victory over Marine Le Pen on Sunday. Centrist former economy minister Macron topped 66% against just under 34% for far-right Le Pen in the second round of voting on Sunday, delivering a result that most investors were hoping for. The victory for pro-EU centrist Macron signaled that political risks in France and across Europe are receding, in the wake of the populist surge which resulted in Brexit and propelled Donald Trump to the White House. France's ...

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U.K. Halifax HPI -0.1% vs. 0.2% forecast

Investing.com - The UK.’s Halifax house price index fell unexpectedly last month, industry data showed on Monday.In a report, HBOS said that U.K. Halifax HPI fell to a seasonally adjusted -0.1%, from 0.0% in the preceding month.Analysts had expected U.K. Halifax HPI to rise 0.2% last month.

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