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European Economic News Preview: France Consumer Confidence Data Due
(RTTNews) - Consumer confidence from France and revised quarterly national accounts from Spain are the major reports due on Wednesday.
At 2.45 am ET, France's statistical office INSEE is slated to issue consumer sentiment survey results. The confidence index is expected to rise to 89 in June from 88 in May. At 3.00 am ET, Spain's INE releases revised GDP and producer prices data. The initial estimate showed that the economy expanded 0.6 percent sequentially in the first quarter after rising 0.7 percent in the fourth quarter.
At 4.00 am ET, unemployment data from Poland is due.
At 5.00 am ET, unemployment and producer price figures are due from Iceland.
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Malaysia Stock Market Likely To Crack Resistance At 1,600 Points
The Malaysia stock market has moved higher in two straight sessions, collecting almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,600-point plateau and it's expected to open to the upside again on Monday.
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13 minutes ago
Japan Stock Market May Extend Friday's Gains
The Japan stock market on Friday halted the three-day losing streak in which it had stumbled more than 1,100 points or 2.7 percent. The Nikkei 225 now rests just above the 42,630-point plateau and it's expected to see additional support on Monday.
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29 minutes ago
South Korea Bourse May Challenge 3,200-Point Mark
The South Korea stock market has tracked higher in back-to-back sessions, collecting almost 40 points or 1.3 percent along the way. The KOSPI now sits just shy of the 3,170-point plateau and it's tipped to open in the green again on Monday.
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33 minutes ago
New Zealand Retail Sales Climb 0.5% In Q2
The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, Statistics New Zealand said on Monday - coming in at NZ$25 billion.
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50 minutes ago
New Zealand Retail Sales Data Due On Monday
New Zealand will on Monday release Q2 numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to add 0.1 percent on quarter, easing from 0.8 percent in the three months prior.
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1h 43min ago
U.S. Dollar Drops After Powell's Speech
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month.
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2 days ago
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes
The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
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2 days ago
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates
Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
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2 days ago
