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Australia Unemployment Data Due On Thursday
(RTTNews) - Australia will on Thursday release October numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity.
The jobless rate is expected to dip to 4.4 percent from 4.5 percent in September, with the addition of 20.3K jobs following the increase of 14.9K a month earlier. The participation rate is seen steady at 67.0 percent.
Japan will provide October data for producer prices; in September, producer prices were up 0.3 percent on month and 2.7 percent on year.
New Zealand will see September figures for electronic card retail sales; in August, sales were down 0.5 percent on month and up 1.0 percent on year.
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European Markets Close Weak On Growth Concerns, Fading Fed Rate Cut Hopes
European stocks closed weak on Friday amid concerns about high tech valuations, and fading hopes of a Federal Reserve rate cut next month following hawkish comments from a few central bank officials.
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1h 11min ago
Canadian Market Rebounds From Early Setback; Technology, Energy Stocks Rise
After opening with a big negative gap and dropping further down into the red Friday morning, the Canadian benchmark S&P/TSX Composite Index recovered gradually and was up modestly above the flat line a little past noon.
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2h 21min ago
Bay Street Likely To Open On Weak Note
Lower Canadian and U.S. futures and weak metal prices point to a negative open for stocks on Bay Street Friday morning. Energy stocks may find some support thanks to higher crude oil prices and help limit the downside.
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7h 4min ago
FTSE 100 Down Sharply As Bond Yields Climb Higher
UK stocks are falling on Friday with bond yields rising amid speculation Chancellor Rachel Reeves may backtrack on budget plans. The possibility of the Bank of England refraining from cutting interest rates due to fiscal concerns has raised concerns about fiscal and economic outlook.
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8h 2min ago
CAC 40 Sheds About 1.3% On Economic Concerns
French stocks are showing weakness on Friday, retreating from record highs hit in the previous session, as concerns about high tech valuations outweighed the positive news about the end of the longest government shutdown in United States history.
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8h 35min ago
DAX Down Over 1% On Economic Worries; Allianz, Siemens Energy Up Sharply On Earnings
German stocks are down in negative territory on Friday, weighed down by concerns about high valuations in the tech sector, and some uncertainty about the Federal Reserve's policy moves.
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9h 5min ago
Sensex, Nifty End Choppy Session Marginally Higher
Indian shares ended higher on Friday as the NDA looked poised to make a roaring return in Bihar again.
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9h 43min ago
European Shares Extend Losses On Economic Concerns
European stocks traded lower on Friday, extending losses from the previous session as investors fretted about an artificial intelligence bubble and the outlook for U.S. interest rates.
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10h 39min ago
