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Australia Unemployment Data Due On Thursday
(RTTNews) - Australia will on Thursday release May figures for unemployment, highlighting a light day for Asia-Pacific economic activity.
The jobless rate is expected to ease to 4.0 percent from 4.1 percent, with the addition of 30,500 jobs after the increase of 38,500 jobs in April.
New Zealand will provide May data for electronic retail card sales; in April, sales were down 0.4 percent on month and 3.8 percent on year.
The Bank of Taiwan will wrap up its monetary policy meeting and then announce its decision on interest rates; it's expected to hold the benchmark lending rate steady at 2.00 percent.
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European stocks drifted lower on Monday ahead of key inflation releases from Germany, France, Italy, and Spain due later in the week.
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vor 49 Minuten
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Asian stocks rose broadly on Monday as Federal Reserve Chair Jerome Powell's dovish signals at the Jackson Hole symposium opened the door to an interest rate cut next month.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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European Shares Seen Lower At Open As Nvidia Earnings Loom
European stocks are seen opening broadly lower on Monday as investors look ahead to a busy week of economic data and await Nvidia earnings.
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Indian shares opened higher on Monday, mirroring positive cues from global markets amid renewed optimism over a potential U.S. Federal Reserve rate cut.
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Australian Market Slashes Early Gains In Mid-market
The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
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vor 6Std 18 Minuten
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
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vor 6Std 35 Minuten
