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Pound Rises After U.K. Unemployment Rate Drops
The British pound strengthened against other major currencies in the early European session on Tuesday, as the U.K. jobless rate declined in the fourth quarter.
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Asian Shares Mixed Ahead Of US Inflation Data
Asian stocks ended mixed on Tuesday as many regional markets resumed trading after a long holiday weekend.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the early European session on Tuesday.
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Kiwi Falls As NZ Inflation Expectations Drop Trims Bets On Rate Hike
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday, as the nation's easing inflation expectations data in the first quarter trimmed bets among traders for a further Reserve Bank of New Zealand's rate hike.
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JetBlue Jumps As Carl Icahn Reports 9.91% Stake
JetBlue Airways Corp.'s shares gained about 16 percent in the extended trading on Monday on Nasdaq after activist investor Carl Icahn reported around 10 percent stake in the airline. In a filing with the U.S. Securities And Exchange Commission, Icahn reported owning 33.62 million shares, representing 9.91 percent stake. JetBlue had around 339.28 million shares of Common Stock outstanding...
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European Shares Set To Fall As Investors Brace For US CPI Data
European stocks are seen opening broadly lower on Tuesday as investors await cues from U.S. CPI data due later in the day and British inflation and Eurozone GDP data expected on Wednesday.
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European Economic News Preview: UK Unemployment Data Due
Unemployment data from the UK and France are the top economic news due on Tuesday, headlining a light day for the European economic news. At 1.30 am ET, France's statistical office INSEE is scheduled to release unemployment data for the fourth quarter. Economists forecast the jobless rate to stay at 7.4 percent.
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NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
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Sensex, Nifty Open Higher On Strong Macro Data
Indian shares traded slightly higher on Tuesday after data showed India's retail inflation softened to a three-month low of 5.1 percent in January on moderating food price growth.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Tuesday, following the mixed cues from Wall Street overnight, with a few major markets in the region closed for public holiday. Japanese and South Korean markets are rallying in post-holiday trade. Investors remain cautious ahead of the release of US consumer price inflation data for January, which could have an impact on the outlook for interest rates.
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Japanese Market Sharply Higher
Adding to the gains in the previous two sessions, the Japanese stock market is sharply higher in post-holiday trade on Tuesday, with the Nikkei 225 adding almost 900 points to move above the 37,700 level to fresh 34-year highs, following the mixed cues from Wall Street overnight, with gains across most sectors led by index heavyweights, exporters and technology stocks.
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Sensex, Nifty Seen Opening Up As Economic Data Brings Cheer
Indian shares look set to open on a positive note Tuesday after good news on the macro-economic front.
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Australian Market Slightly Lower
Extending the losses in the previous two sessions, the Australian stock market is slightly lower in chopping trading on Tuesday after opening in the green, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 7,600 level, with traders reacting to some disappointing corporate earnings news.
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