Today's press
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Dow opens above 23,000, powered by IBM
(Reuters) - The Dow Jones Industrial Average opened above 23,000 for the first time on Wednesday, powered by IBM, which hinted at a revival in its growth after six years in retreat.
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Higher US yields push dollar up for a 5th day
The dollar climbed for a fifth consecutive day on Wednesday as higher U.S. Treasury yields triggered a squeeze on investors who have been broadly bearish on the greenback in recent weeks.
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U.S. housing starts hit one-year low in September
WASHINGTON (Reuters) - U.S. homebuilding fell to a one-year low in September as Hurricanes Harvey and Irma disrupted the construction of single-family homes in the South, suggesting housing probably remained a drag on economic growth in the third quarter.
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Sterling slips to six-day low after UK wages data
LONDON (Reuters) - Sterling dipped to a six-day low on Wednesday after data showed British wage growth was still lagging well behind inflation.
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Healthy Pullback? Bitcoin Price Dips Back Below $5,300
After having rallied more than 90 percent from a September low of $2,980, the bitcoin-US dollar (BTC/USD) exchange rate is trading at $5,240 today, a figure that, at press time, marks a new daily low. As per CoinMarketCap, the cryptocurrency has shed 7.37 percent in the last 24 hours. Week-on-week, BTC is up 9.9 percent, while month-on-month it is flashing 29 percent gains.
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Bitcoin Fork SegWit2x Makes Enemies In Brazil, Argentina As 50 Sign Opposition Letter
A group of Latin American Bitcoin businesses and entities has issued a joint letter expressing “deepest concerns” over SegWit2x.
Next trading day's important events
- 03:30 (GMT 3) Australia - Employment Change s.a. (Sep)
- 03:30 (GMT 3) Australia - Unemployment Rate s.a. (Sep)
- 05:00 (GMT 3) China - Gross Domestic Product (YoY) (Q3)
- 11:30 (GMT 3) UK - Retail Sales (MoM) (Sep)
Forex quotes:
- USDJPY: 112.92
- EURUSD: 1.1777
Indices:
- S&P 500: 2562.25
- NASDAQ: 6627.42