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Japan Producer Price Data Due On Wednesday
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(RTTNews) - Japan will on Wednesday release August figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
Producer prices are expected to rise 0.1 percent on month and 3.2 percent on year after adding 0.1 percent on month and 3,6 percent on year in July.
Hong Kong will provide Q2 numbers for industrial production and producer prices. In the three months prior, industrial production climbed 3.9 percent on year and producer prices added an annual 1.0 percent.
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Philly Fed Index Surges To Eight-Month High In September
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September. The Philly Fed said its diffusion index for current general activity spiked to a positive 23.2 in September from a negative 0.3 in August, with a positive reading indicating growth. Economists had expected the index to rise to a positive 2.3.
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Bank Of England Holds Key Rate; Slows Quantitative Tightening
The Bank of England left its interest rate unchanged and softened its pace of quantitative tightening on Thursday, as policymakers were wary about risks to inflation in the U.K. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to maintain the bank rate at 4.00 percent.
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U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High
After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
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Philly Fed Index Surges Much More Than Expected In September
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September.
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U.S. Weekly Jobless Claims Pull Back More Than Expected
After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
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Positive Start Likely On Bay Street
Canadian shares look headed for a positive start Thursday morning amid prospects of further easing by the Bank of Canada and the Federal Reserve this year. Weak oil and gold prices may weigh a bit and limit market's upside.
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FTSE 100 Up Slightly; BoE Leaves Rate Unchanged
U.K. stocks are moving in a tight range on Thursday, with investors digesting the Federal Reserve's 25-basis points interest rate cut on Wednesday, and the Bank of England's decision a little while ago to hold its interest rate unchanged.
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CAC 40 Rises 1.1% As Stocks Rally On Fed Interest Rate Cut
French stocks are firmly settled in positive territory on Thursday, as the Federal Reserve's 25-basis point interest rate cut and signaling of more easing this year, lifted investor sentiment.
Investors are now awaiting the Bank of England's monetary policy announcement, and the European Central Bank President Christine Lagarde's speech.
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il y a 3h 46min