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Thailand GDP Scheduled For Release On Friday
(RTTNews) - Thailand will on Friday release Q4 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to rise 0.50 percent on quarter and 3.50 percent on year, slowing from 1.20 percent on quarter and 4.50 percent on year in the three months prior.
Singapore will provide January figures for non-oil domestic exports, with forecasts suggesting a decline of 1.2 percent on month and 22.0 percent on year. That follows the 3.3 percent fall and the 20.6 percent slide in December - when the trade surplus was SGD5.367 billion.
Taiwan will see January data for wholesale prices; in December, prices were up 7.14 percent on month.
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Indian Rupee Declines To Record Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the European session on Monday, with larger economic challenges and increased worries about further U.S. taxes on Indian imports.
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hace 38 minutos
UK Mortgage Approvals Rise To 6-Month High
UK mortgage approvals increased to the highest in six months in July but secured lending decreased to a two month low, official data showed Monday. Mortgage approvals for house purchases, an indicator of future borrowing, rose by 800 to 65,400 in July, the Bank of England said. This was the highest total since January, when approvals hit 65,775. Approvals were forecast to drop to 64,000.
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hace 47 minutos
FTSE 100 Up Marginally; BAE Systems, Tesco Among Prominent Gainers
The U.K. market is somewhat subdued a little past noon on Monday, having pared modest early gains as investors, awaiting fresh signals, remain a bit wary of making significant moves.
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hace 1h 11min
Eurozone Manufacturing Growth At 38-Month High
The euro area manufacturing activity grew at the fastest pace in more than three years in August driven by a sharp rise in output and the renewed uptick in domestic demand, data published by S&P Global showed on Monday. The HCOB final manufacturing Purchasing Managers' Index improved to 50.7 in August from 49.8 in July. This was the first expansion in the currency bloc since June 2022. The flash
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hace 1h 28min
CAC 40 Up Slightly In Cautious Trade
French stocks are up slightly in cautious trade on Monday as the focus remains on the upcoming confidence vote on French Prime Minister Francois Bayrou's government. Investors, digesting the latest batch of regional economic data, are also awaiting the crucial U.S. non-farm payroll data due later in the week.
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hace 2h 5min
DAX Advances; Pharma Stocks Among Notable Gainers
The German market is modestly higher on Monday, as a U.S. appeals court ruling that many of Donald Trump's tariffs were illegal.
Healthcare stocks are finding support after Danish pharma company Novo Nordisk's weight-loss drug Wegovy offered better heart-protective benefits than rival treatments from U.S.-based Eli Lilly.
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hace 2h 34min
Sensex Climbs 555 Points; Nifty Closes At 24,625
Indian shares rose sharply on Monday as new data showed the Indian economy remains on a solid footing.
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hace 2h 37min
U.S. Dollar Falls Amid Rising Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the late Asian session on Monday, due to growing speculation that the U.S. Federal Reserve (Fed) may lower interest rates at its September meeting.
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hace 3h 13min
