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U.S. Import Prices Rise Less Than Expected, But Export Prices Surge Much More Than Expected
While the Labor Department released a report on Friday showing U.S. import prices increased by slightly less than expected in the month of January, the report also showed U.S. export prices surged by much more than anticipated.
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vor 172 Tagen
U.S. Retail Sales Slump Much More Than Expected In January
Partly reflecting a slump by auto sales, the Commerce Department released a report on Friday showing retail sales in the U.S. fell by much more than expected in the month of January.
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vor 172 Tagen
Apple, Google Restore TikTok To App Stores
Apple's and Alphabet's Google have restored TikTok, the popular short video app, to their mobile app stores in the United States, after President Donald Trump delayed a ban on the Chinese app after his inauguration, and gave assurance to its tech partners of no fine or further consequences.
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vor 172 Tagen
Russia Keeps Key Interest Rate Unchanged At Record High 21%
The Bank of Russia retained its interest rate at a record high for the second consecutive meeting on Friday and kept the door open for further rate hike as inflationary pressures remain high. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record 21.00 percent.
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vor 172 Tagen
U.S. Dollar Falls On Absence Of Immediate Trump's Reciprocal Tariff Imposition
The U.S. dollar weakened against other major currencies in the European session on Friday, as investor sentiment was buoyed by hopes of a resolution to the Ukraine war and President Trump's decision to delay the implementation of his much-hyped additional tariffs on foreign goods. Fears of an impending worldwide trade war have subsided in light of this scenario.
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vor 172 Tagen
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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vor 172 Tagen
Sensex, Nifty Extend Declines For Eighth Day
Indian shares extended losses for an eighth straight day running on Friday despite positive cues from global markets, a weaker dollar and a dip in U.S. Treasury yields.
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vor 172 Tagen
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FTSE 100 Modestly Lower In Lackluster Trade
U.K. stocks are slightly weak on Friday, extending losses from the previous session, as investors continue to react to quarterly earnings updates and assess the impact of U.S. government's tariffs on its major trading partners.
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vor 172 Tagen
CAC 40 Advances On Earnings
French stocks are modestly higher Friday morning, extending gains to a fifth straight session, thanks to some encouraging quarterly earnings updates. Worries about the potential impact of new tariffs by the Trump administration cap market's upside.
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vor 172 Tagen
DAX Drifts Lower On Profit Taking After Recent Upmove
German stocks are exhibiting weakness Friday morning, with investors taking some profits after recent gains. The mood remains cautious amid concerns about potential reciprocal tariffs by the United States.
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vor 172 Tagen
European Shares Subdued After Recent Gains
European shares were subdued on Friday but remained on track for their eighth straight week of gains on growing optimism about a Russia-Ukraine peace deal and a delay in possible reciprocal U.S. tariffs.
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vor 172 Tagen
Asian Shares Rise On Reciprocal Tariff Delay
Asian stocks rose broadly on Friday, Treasury yields dipped broadly, and the dollar stabilized around a near three-week trough as U.S. President Donald Trump announced a delay in implementing reciprocal tariffs until April and TikTok returned on the U.S. app stores of Apple and Google.
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vor 172 Tagen
Malaysia GDP Expands More Than Estimated
Malaysia's economy expanded more than previously estimated in the fourth quarter on household spending and investment, official data showed on Friday. Gross domestic product expanded 5.0 percent year-on-year in the fourth quarter. This was revised up from the prior estimate of 4.8 percent and follows 5.4 percent growth registered in the third quarter.
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vor 172 Tagen
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