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Singapore Inflation Data Due On Monday
(RTTNews) - Singapore will on Monday release March figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Inflation is expected to rise 5.1 percent on month and 5.6 percent on year, slowing from 5.5 percent on month and 6.3 percent on year in February.
Taiwan will provide March numbers for industrial production and unemployment; in February, production was down 8.66 percent on year and the jobless rate was 3.58 percent.
Hong Kong will see March figures for unemployment; in February, the unemployment rate was 3.3 percent.
Finally, the markets in Malaysia and Indonesia are closed on Monday for Eid-ul-Fitr.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.
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German GfK Consumer Confidence To Fall Further
German consumer confidence is set to continue to fall in September as rising fear of job losses weighed on purchase decisions and damped hopes of robust economic recovery, a closely watched survey showed on Wednesday. The forward-looking consumer sentiment index fell to -23.6 in September from -21.7 in the previous month. The reading was forecast to drop moderately to -22.
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European Markets Seen Opening Mildly Positive On Wednesday
Equity markets in Europe are expected to open on a positive note on Wednesday amidst waning risk aversion.
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Australian Dollar Rises On Strong Monthly CPI Data
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's consumer price inflation accelerating more than expected to a one-year high in July.
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Před 1 h 30 min
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
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Před 1 h 57 min
Australia Inflation Accelerates To 1-Year High
Australia's consumer price inflation accelerated more than expected to a one-year high in July, indicating a more gradual approach to monetary policy easing. The CPI indicator advanced 2.8 percent year-on-year in July, following June's 1.9 percent rise, the Australian Bureau of Statistics reported. This was the strongest since July 2024.
RTTNews
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European Economic News Preview: German GfK Consumer Confidence Due
Consumer sentiment survey data from Germany is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK publishes Germany's monthly consumer confidence survey results. The consumer sentiment indicator is forecast to fall to -22 in September from -21.5 in August.
RTTNews
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Před 3 h 45 min
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews
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Před 4 h 34 min
