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Indonesia GDP Data Due On Monday
(RTTNews) - Indonesia will on Monday release Q1 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the previous three months, GDP was up 0.45 percent on quarter and 5.04 percent on year.
China will see April results for the services PMI from Caixin; in March, the index score was 52.7.
Hong Kong will see April results for its private sector PMI from S&P Global; in March, the index score was 50.9.
Finally, the markets in Japan and South Korea are closed on Monday for Children's Day, while Thailand is off for Coronation Day.
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Antipodean Currencies Fall Amid Fed Cautious Outlook
The antipodean currencies Australia and the New dollar weakened against their major currencies in the Asian session on Friday, as traders continued to digest the U.S. Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
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vor 26 Minuten
UK Budget Shortfall Overshoots Estimate
UK government borrowing increased more than expected and also exceeded the official estimate in August, adding pressure on Chancellor Rachel Reeves ahead of the November budget. Public sector net borrowing increased GBP 3.5 billion from the last year to GBP 18.0 billion in August, the Office for National Statistics said Friday.
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vor 1Std 4 Minuten
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the European session on Friday.
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vor 1Std 16 Minuten
European Shares Extend Gains As UK Retail Sales Rise
European stocks were broadly higher on Friday as a busy week, which included crucial central bank decisions, draws to a close.
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vor 1Std 18 Minuten
Asian Shares Mixed Ahead Of Trump-Xi Call
Asian stocks ended mixed on Friday despite Wall Street's main indexes reaching new record highs overnight following the Federal Reserve's first interest-rate cut in nine months.
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vor 1Std 39 Minuten
Yen Rises As BoJ Keeps Rate Unchanged
The Japanese yen strengthened against other major currencies in the Asian session on Friday, after the Bank of Japan retained its key interest rate, as widely expected amid heightened political uncertainty.
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vor 1Std 55 Minuten
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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vor 2Std 4 Minuten
European Economic News Preview: UK Retail Sales & PSNB Data Due
Retail sales and public sector finance from the UK and business confidence from France 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 figures. Retail sales are forecast to grow 0.4 percent on a monthly basis in August, slower than the 0.6 percent rise in July.
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vor 4Std 27 Minuten
