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Australia GDP Data Due On Wednesday
(RTTNews) - Australia will on Wednesday release Q3 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
GDP is expected to add 0.3 percent on quarter and 1.7 percent on year after rising 0.4 percent on quarter and 2.1 percent on year in the previous three months.
Taiwan will provide November numbers for consumer prices; in October, overall inflation was up 0.33 percent on month and 3.05 percent on year.
Thailand will see November data for consumer prices; in October, overall inflation was down 0.31 percent on year, while core CPI rose an annual 0.66 percent.
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European Shares Edge Higher After PMI Data
European stocks traded higher on Wednesday as a selloff in longer-dated bonds appeared to stabilize, and a survey showed the euro zone economy continued its slow expansion in August despite a weakening in services sector growth.
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1घंटे 17 मिनट पहले
Asian Shares Decline On Rising Bond Yields, Tariff Uncertainties
Asian stocks fell broadly on Wednesday, with rising bond yields, tariff-related uncertainties and caution ahead of key U.S. employment data due later in the week keeping investors on edge.
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1घंटे 48 मिनट पहले
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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2घंटे 37 मिनट पहले
Australia GDP Growth Accelerates In Q2
The Australian economy expanded at a faster pace in the second quarter after severe weather events damped activity in the preceding quarter, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product growth doubled to 0.6 percent in the June quarter from 0.3 percent in the March period. The rate also exceeded economists' forecast of 0.5 percent.
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3घंटे 37 मिनट पहले
China Service Sector Growth Improves In August
China's service sector growth accelerated in August driven by the strong upturn in new orders, survey data from S&P Global showed on Wednesday. The headline RatingDog services Purchasing Managers' Index rose unexpectedly to 53.0 in August from 52.6 in July. Economists expect the indicator to fall to 52.4. The rate of increase was the fastest seen since May 2024.
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3घंटे 46 मिनट पहले
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite purchasing managers' survey results from the euro area and the UK are due on Wednesday, headlining a light day for the European economic news. At 3.15 am ET, S&P Global publishes Spain's composite and services PMI survey data. The services PMI is expected to fall to 54.4 in August from 55.1 in the previous month.
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4घंटे 15 मिनट पहले
European Shares Seen Up In Cautious Trade
European stocks are seen opening slightly higher on Wednesday as bond yields stabilized after a spike overnight and a federal judge ruled against breaking up Google, fueling optimism that tech giants will be able to weather regulatory threats.
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4घंटे 52 मिनट पहले
Sensex, Nifty Marginally Higher In Early Trade
Indian shares were marginally higher on Wednesday despite rising oil prices and weak cues from global markets.
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5घंटे 42 मिनट पहले
