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UK Retail Sales Fall Most Since Late 2023; Consumer Confidence Improves
UK retail sales declined more than expected in May as food store sales declined sharply after good weather boosted sales in April, the Office for National Statistics reported Friday. Retail sales fell 2.7 percent on a monthly basis in May, in contrast to the revised 1.3 percent increase in April. Sales were forecast to drop 0.5 percent.
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Před 4 dny
Canadian Dollar Slides Against Majors
The Canadian dollar weakened against other major currencies in the European session on Friday.
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Před 4 dny
Japan Core Inflation Accelerates More Than Forecast
Japan's core inflation accelerated more than expected in May but headline inflation softened slightly, official data showed Friday. Core inflation that excludes prices of fresh food rose to 3.7 percent from 3.5 percent in April, the Ministry of Internal Affairs and Communications reported. This was the fastest since January 2023.
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Před 4 dny
European Shares Rebound As Trump Delays Decision On US Involvement In Israel-Iran Conflict
European stocks traded higher on Friday after three consecutive sessions of losses.
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Před 4 dny
Asian Shares Mixed; Kospi Tops 3.000-point Milestone
Asian stocks ended mixed on Friday after the White House said a final decision on whether to support Israeli military action against Tehran could come within two weeks.
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Před 4 dny
Pound Falls On Weak U.K. Retail Sales Data
The British pound weakened against other major currencies in the early European session on Friday, after U.K. retail sales declined more than expected in May on weak food store sales.
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Před 4 dny
U.S. Dollar Falls As European Shares Traded Higher
The U.S. dollar weakened against other major currencies in the early European session on Friday, as the European stocks traded higher after U.S. President Donald Trump said he would decide within two weeks whether to authorize a direct U.S. military strike on Iran, citing a "substantial chance of negotiations."
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Před 4 dny
more news
European Shares Seen Tad Higher As Trump Delays Decision On Iran Attack
European stocks may open on a positive note Friday after U.S. President Donald Trump said he would decide within two weeks whether to authorize a direct U.S. military strike on Iran, citing a "substantial chance of negotiations."
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Před 4 dny
European Economic News Preview: UK Retail Sales, Public Sector Finance Due
Retail sales and public sector finance from the UK and producer prices from Germany are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics publishes UK retail sales and public sector finance data. Retail sales are forecast to shrink 0.5 percent month-on-month in May, in contrast to the 1.2 percent increase in April.
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Před 4 dny
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Friday.
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Před 4 dny
China Holds Loan Prime Rates As Expected
The People's Bank of China left its benchmark interest rate unchanged on Friday after reducing it last month. The central bank maintained its one-year loan prime rate at 3.0 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent.
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Před 4 dny
Sensex, Nifty Open Higher In Cautious Trade
Indian shares opened on a positive note Friday after U.S. President Donald Trump said he will decide within two weeks whether to authorize a direct U.S. military strike on Iran.
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Před 4 dny
Australian Market Extends Early Losses In Mid-market
The Australian market is extending its early loses in mid-market moves on Friday, adding to the losses in the previous three sessions, following he broadly negative cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,500 level, with weakness in iron ore miners and financial stocks and a mixed performance in all other sectors.
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Před 4 dny
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