Australia Home Loan Data Due On Monday
(RTTNews) - Australia will on Monday release May figures for home loans and building permits, highlighting a light day for Asia-Pacific economic activity.
In April, home loans were down 7.3 percent on month, investment lending fell 4.8 percent on month and building permits dipped 2.4 percent on month.
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Singapore Bourse Tipped To End Losing Streak
The Singapore stock market has moved lower in back-to-back sessions, slumping almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,330-point plateau although it's likely to stop the bleeding on Thursday.
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4h 16min ago
Malaysia Shares May Gain Back Wednesday's Losses
The Malaysia stock market headed south again on Wednesday, one day after ending the six-day losing streak in which it had stumbled almost 35 points or 2.1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau although it's likely to bounce higher again on Thursday.
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4h 46min ago
Australia Trade Data Due On Thursday
Australia will on Thursday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In March, imports were up 4.2 percent on month and exports rose 0.1 percent for a trade surplus of A$5.024 billion.
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5h 46min ago
U.S. Dollar Seeing Modest Strength Following Upbeat Service Sector Data
After trending lower over the past few days, the value of the U.S. dollar has shown a modest move back to the upside during trading on Wednesday.
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7h 19min ago
Swiss Market Ends On Bright Note
The Switzerland market ended on a strong note on Wednesday, in line with most of the markets across Europe, amid hopes the European Central Bank will announce its first interest rate cut in several years on Thursday.
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10h 18min ago
European Stocks Close Higher Amid Optimism Over ECB Rate Cut
European stocks closed higher on Wednesday amid rising optimism about an interest rate cut by the European Central Bank (ECB) tomorrow. Data showing an increase in Eurozone Composite PMI, and growth in France's industrial output helped as well in lifting investor sentiment.
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10h 34min ago
Canadian Dollar Drops As BoC Cuts Interest Rates
The Canadian dollar declined against its major counterparts in the New York session on Wednesday, as the Bank of Canada lowered interest rates by 25 basis points.
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11h 7min ago
Canadian Market Up In Positive Territory After BoC's Rate Cut Announcement
The Canadian market is up in positive territory around noon on Wednesday, with investors cheering the Bank of Canada's decision to cut interest rate by 25 basis points.
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11h 36min ago
