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Australia Wage Price Data Due On Wednesday

RTTNews | vor 63 Tagen

Australia Wage Price Data Due On Wednesday

(RTTNews) - Australia will on Wednesday release Q2 data for its wage price index, highlighting a modest day for Asia-Pacific economic activity. Wages are expected to rise 0.8 percent on quarter and 3.3 percent on year, easing from 0.9 percent on quarter and 34 percent on year in the three months prior.

Australia also will see June numbers for home loans; in May, loans were down 2.5 percent on month.

New Zealand will provide July figures for electronic card retail sales; in June, sales were up 0.5 percent on month and down 0.4 percent on year.

Japan will see July numbers for producer prices, with forecasts suggesting an increase of 0.2 percent on month and 2.5 percent on year. That follows the 0.2 percent monthly decline and the 2.9 percent yearly gain in June.

The central bank in Thailand is scheduled to wrap up its monetary policy meeting and then announce its decision on interest rates; the bank is expected to keep its benchmark lending rate unchanged at 1.75 percent.

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Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher with French markets outperforming their regional peers, after LVMH, the owner of Louis Vuitton and Christian Dior, unexpectedly returned to sales growth in the third quarter.

RTTNews | vor 25 Minuten

Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.

RTTNews | vor 50 Minuten

China Consumer Prices Drop More Than Forecast; PPI Continues To Fall

China Consumer Prices Drop More Than Forecast; PPI Continues To Fall

China's consumer prices declined more than expected in September on weaker domestic demand and oversupply, and producer prices remained in deflationary pressures for the 36th straight month, highlighting the persistent deflationary pressure. Consumer prices dropped 0.3 percent on a yearly basis in September, the National Bureau of Statistics reported Wednesday.

RTTNews | vor 55 Minuten

Canadian Dollar Falls Against Most Majors

Canadian Dollar Falls Against Most Majors

The Canadian dollar weakened against most major currencies in the European session on Wednesday.

RTTNews | vor 1Std 1 Minuten

European Shares Mostly Higher As LVMH Returns To Growth

European Shares Mostly Higher As LVMH Returns To Growth

European stocks were mostly higher on Wednesday, with French markets outperforming their regional peers, after LVMH, the owner of Louis Vuitton and Christian Dior, unexpectedly returned to sales growth in the third quarter.

RTTNews | vor 1Std 20 Minuten

Asian Shares Bounce Back On Fed Rate Cut Hopes

Asian Shares Bounce Back On Fed Rate Cut Hopes

Asian stocks rose broadly on Wednesday, snapping three days of losses as optimism that the U.S Federal Reserve may go for further interest-rate cuts outweighed renewed U.S.-China trade tensions.

RTTNews | vor 1Std 53 Minuten

Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.

RTTNews | vor 2Std 57 Minuten

U.S. Dollar Extends Slide As Fed's Powell Signals Rate Cut

U.S. Dollar Extends Slide As Fed's Powell Signals Rate Cut

The U.S. dollar continued to be weaker against other major currencies in the Asian session on Wednesday, following comments made by Federal Reserve (Fed) Chair Jerome Powell that strengthened bets on an interest rate drop this month.

RTTNews | vor 4Std 17 Minuten

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