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RBA Minutes On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its Oct. 3 monetary policy meeting, headlining a light day for Asia-Pacific economic activity.
At the meeting, the RBA kept its key interest rate unchanged at 4.10 percent in the first policy session chaired by the new governor Michele Bullock as policymakers assessed that the past rate hikes are working to bring inflation down to the target.
Singapore will provide September figures for non-oil domestic exports; in August, NODX was down 3.8 percent on month and 20.1 percent on year, resulting in a trade surplus of SGD3.584 billion.
Japan will see August results for its tertiary industry activity index; in July, the index was at 0.60.
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KOSPI Expected To Erase Tuesday's Losses
The South Korea stock market headed south again on Tuesday, one day after ending the two-day slide in which it had given up almost 35 points or 1.4 percent. The KOSPI now rests just above the 2,635-point plateau although it's expected to rebound again on Wednesday.
RTTNews
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hace 21 minutos
New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and the announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.
The RBNZ is widely expected to trim its Official Cash Rate by 25 basis points, to 3.25 percent from 3.50 percent.
RTTNews
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hace 1h 21min
U.S. Dollar Strengthens On Trump's Tariff Delay
The U.S. dollar was higher against its major counterparts in the New York session on Tuesday amid easing trade tensions between the U.S. and the European Union.
RTTNews
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hace 4h 58min
European Stocks Close Broadly Higher On Strong Data, Easing Trade Tensions
European stocks closed on a positive note on Tuesday, continuing to benefit from U.S. President Donald Trump's decision to amid slightly easing concerns about a potential trade war following U.S. President Donald Trump's decision decision to wait till July 9th to implement the 50% tariffs he had threatened to impose on imports from the European Union.
RTTNews
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hace 6h 26min
U.S. Consumer Confidence Rebounds Much More Than Expected In May
A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of May. The Conference Board said its consumer confidence index spiked to 98.0 in May after plunging to a downwardly revised 85.7 in April.
RTTNews
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hace 9h 7min
U.S. Durable Goods Orders Plunge 6.3% In April As Aircraft Orders Plummet
With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of April. The Commerce Department said durable goods orders tumbled by 6.3 percent in April after surging by a downwardly revised 7.6 percent in March.
RTTNews
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hace 9h 18min
Dollar Plunges Amidst Renewed Trade Tensions And Fiscal Deficit Concerns
The Dollar recorded a massive plunge during the week ended May 23 amidst an escalation in tensions between the U.S. and its trading partners, particularly the European Union.
RTTNews
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hace 10h 36min
Bay Street Seen Opening Higher Again
Canadian shares are likely to extend recent gains on Tuesday following U.S. President Donald Trump's decision to wait till July 9th to implement the 50% tariffs he had threatened to impose on imports from the European Union.
RTTNews
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hace 10h 45min
