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RBA Board Discussed 50 Bps & 25 Bps Rate Hikes, Minutes Show
Reserve Bank of Australia policymakers discussed only two options for its interest rate decision in February, either a quarter point or a half percentage point hike, completely abandoning the option of leaving rates unchanged as there was a risk that inflation could persist at an uncomfortably high level, minutes of the session held on February 7, revealed Tuesday.
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Meta Verified Subscription Service To Be Launched In Australia, New Zealand
Facebook and Instagram parent Meta Platforms Inc. plans to unveil a new subscription service, Meta Verified, as part of its efforts to increase authenticity and security across services. Chief Executive Officer Mark Zuckerberg in a Facebook post on Monday said the company plans to roll out the service in Australia and New Zealand this week and more countries soon.
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European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing managers' survey results from major European economies and economic sentiment from Germany are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for January. The budget deficit is seen narrowing to GBP 6.95 billion from GBP 27.4 billion in the previous month.
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Japan Private Sector Logs Steady Growth In February
Japan's private sector activity registered a steady growth in February as the sharp deterioration in manufacturing activity was offset by the robust improvement in the service sector, a closely watched survey showed on Tuesday. The flash au Jibun Bank composite output index remained unchanged at 50.7 in February, data published by S&P Global revealed.
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European Shares Seen Lower As Investors Weigh Geopolitical Tensions
European stocks may open on a cautious note Tuesday as investors weigh geopolitical tensions and the prospect of more U.S. interest rate hikes.
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Sensex, Nifty Open Higher As Metal Stocks Gain On China Optimism
Indian shares opened a tad higher on Tuesday, with metal stocks leading the surge on optimism around China's economic recovery. Tata Steel and JSW Steel both rose over 1 percent.
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Před 818 dny
Sensex, Nifty Set For Cautious Start On Weak Asian Cues
Indian shares are seen opening flat to slightly lower on Tuesday as investors weigh the prospect that global central banks would continue to increase interest rates to combat inflation.
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more news
Asian Shares Mostly Lower As Investors Await Fed Minutes
Asian stocks drifted lower on Tuesday, as investors reacted to weak purchasing manager index reports from Japan and Australia and kept a wary eye on the latest geopolitical developments.
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Před 818 dny
Swiss Stock Market Extends Friday's Gains
The Swiss stock market ticked higher on Monday, closing in the green for the second straight session and advancing more than 70 points or 0.6 percent in that span.
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Před 818 dny
European Markets Finish Mixed But Little Changed On Monday
The major European stock markets saw little movement in cautious trade on Monday, largely hugging the unchanged line before finishing on opposite sides of it.
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Eurozone Consumer Confidence Highest In Over A Year
Euro area consumer sentiment strengthened for the fifth month in a row to its highest level in over a year, preliminary data from the European Commission showed Monday. The flash consumer confidence index for Eurozone climbed to -19.0 from -20.9 in January. That was in line with economists' expectations.
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Před 818 dny
Bundesbank Expects German Economy To Pick Up Gradually
Germany's economy is set to fall again in the first quarter of this year but there would be a gradual pick up going forward, Bundesbank said in its monthly report on Monday. The central bank said economic output is set to fall again in the first quarter. However, a gas shortage is no longer expected and the electricity and gas price brakes are reducing energy costs.
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Před 818 dny
Australian Dollar Advances On China Optimism
The Australian dollar climbed against its major counterparts in the European session on Monday, as optimism over China's economic recovery lifted risk sentiment.
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Před 818 dny
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