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RBA Minutes On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on November 4, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the RBA held its cash rate at 3.60 percent, as widely expected. The bank had reduced the rate by 25 basis points each in August, May and February. The current 3.60 percent is the lowest since March 2023 as board members observed that some inflationary pressure may remain in the economy.
Hong Kong will see October figures for unemployment; in September, the jobless rate was 3.9 percent.
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European Shares Subdued In Lackluster Trade
European stocks were flat to slightly lower on Wednesday, after having closed around one-month lows the previous day due to worries about an AI bubble, dwindling rate cut hopes and investor anxiety about the economic outlook.
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Před 1 h 5 min
Asian Shares Give Up Early Gains To End Lower
Asian stocks ended mostly lower on Wednesday, failing to hold onto early gains after a three-day sell-off as investors awaited Nvidia earnings, the release of minutes from the Federal Open Market Committee meeting held on October 28-, and the delayed September jobs report.
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Před 1 h 36 min
NZ Dollar Falls Amid RBNZ Rate Cut Speculation
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as traders speculate that the Reserve Bank of New Zealand or RBNZ is likely to cut its interest rate at its upcoming meeting next week.
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Před 3 h 35 min
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday.
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Před 4 h 9 min
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
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Před 4 h 23 min
Australia Leading Index Signals Above-Trend Growth Momentum Next Year
Australia's leading index signaled that the growth will move at a slightly above-trend pace in early 2026, Westpac said on Wednesday. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose to 0.35 percent in October from 0.10 percent in September.
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Před 4 h 27 min
European Shares Seen Opening On Cautious Note
European stocks look set to open on a cautious note Wednesday, with upcoming Nvidia earnings and U.S. economic data likely to be in focus.
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Před 4 h 41 min
European Economic News Preview: UK Inflation Data Due
Consumer prices from the UK and the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer prices for October. Economists forecast inflation to ease to 3.5 percent from 3.8 percent in September.
RTTNews
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Před 4 h 51 min
