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New Zealand Building Permits Slip 2.2% In May

The total number of building permits issued in New Zealand in May was down a seasonally adjusted 2.2 percent on month in May, Statistics New Zealand said on Monday - following the 2.6 percent drop in April.
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Japan Tankan Survey Data On Tap For Monday

Japan Tankan Survey Data On Tap For Monday

The Bank of Japan will on Monday release its quarterly Tankan Survey of business sentiment, highlighting a busy day for Asia-Pacific economic activity.
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Dollar Loses Ground Against Major Counterparts

Dollar Loses Ground Against Major Counterparts

The U.S. dollar turned weak against its major counterparts on Friday after data showed an unexpected slowdown in the annual rate of consumer price growth last month.
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Swiss Market Ends On Strong Note

Swiss Market Ends On Strong Note

The Switzerland stock market ended on a strong note on Friday, in line with markets across Europe, after data showed a slowdown in eurozone inflation. Recent upbeat economic data from the U.S., and hopes of additional stimulus in China helped as well.
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U.S. Consumer Sentiment Rebounds More Than Previously Estimated In June

U.S. Consumer Sentiment Rebounds More Than Previously Estimated In June

The University of Michigan released revised data on Friday showing U.S. consumer sentiment improved by more than previously estimated in the month of June. The report said the consumer sentiment index for June was upwardly revised to 64.4 from the preliminary reading of 63.9. Economists had expected the index to be unrevised.
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Chicago Business Barometer Inches Up Less Than Expected In June

Chicago Business Barometer Inches Up Less Than Expected In June

Largely reflecting a less-stark contraction in production, MNI Indicators released a report on Friday showing a modest slowdown in the pace of contraction in Chicago-area business activity in the month of June.
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U.S. Consumer Price Growth Slows Dramatically In May, Personal Income Climbs 0.4%

U.S. Consumer Price Growth Slows Dramatically In May, Personal Income Climbs 0.4%

A report released by the Commerce Department showed a dramatic slowdown in the annual rate of U.S. consumer price growth in the month of May. The report said the annual rate of consumer price growth slowed to 3.8 percent in May from 4.3 percent in April. The slowdown surprised economists, who had expected growth to accelerate to 4.6 percent.
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Bay Street Likely To Open Higher; GDP Data In Focus

Bay Street Likely To Open Higher; GDP Data In Focus

Canadian shares are likely to open higher Friday morning, tracking positive cues from Europe. Data on Canadian GDP is likely to provide some direction as well.
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Eurozone Inflation Weakest Since Early 2022, Jobless Rate At Historic Low

Eurozone Inflation Weakest Since Early 2022, Jobless Rate At Historic Low

Eurozone inflation slowed to the lowest level in more than a year in June on falling energy prices but core inflation ticked up, raising the need for further tightening to get a grip on inflationary pressures. Separate data showed that the unemployment rate in the 20-nation currency bloc remained at a historic low in May, which in turn sparks inflation concerns.
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