Today's press
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Global shares extend run of record highs, dollar flexes muscle
LONDON (Reuters) - World shares hit their latest in a run of record highs on Tuesday, while the dollar was at it strongest in 1-1/2 months as encouraging U.S. data lifted it in tandem with global bond yields.
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U.K. Construction PMI Slows to 13-Month Low in September
Investing.com - The U.K. construction sector shrank for the first time in 13 months in September, underlining concerns over the economy and dimming the case for higher interest rates, industry data showed on Tuesday.
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Euro bounce deceptive as divergence trades bloom
LONDON (Reuters) - The euro bounced from a six-week low on Tuesday as markets consolidated positions after a selloff, though investors grew cautious about the single currency’s outlook in the coming months on rising political uncertainty in Europe.
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Reserve Bank of Australia Holds At 1.50%, Signals Improved Economy
Investing.com - The Reserve Bank of Australia (RBA) on Tuesday held its cash rate steady at a record low 1.50% as expected and signaled to markets that the economy continues to improve.
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Catalans Chase Police Out of Town as Spain Decries Mafia Tactics
At least 500 Spanish police officers were driven out of their hotels by angry locals last night as Catalan separatists pushed back against state forces after the crackdown on their illegal vote for independence.
Next trading day's important events
- 10:00 (GMT 3) Non-monetary policy ECB meeting
- 20:15 (GMT 3) ECB President Draghi's Speech
- 22:15 (GMT 3) US - Fed's Yellen Speech
Forex quotes:
- USDJPY: 112.76
- EURUSD: 1.1765
Indices:
- S&P 500: 2531.29
- NASDAQ: 6526.03