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Malaysia GDP Data Due On Friday
(RTTNews) - Malaysia will on Friday release Q3 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
GDP is expected to expand 3.3 percent on year, up from 2.9 percent in the three months prior.
Singapore will provide October numbers for non-oil domestic exports; in September, exports were up 11.1 percent on month and down 13.2 percent on year.
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ECB Leaves Rates Unchanged As Expected
The European Central Bank held its key interest rates steady on Thursday, in line with expectations, as policymakers assessed that price pressures continue to ease, but acknowledged that the economic environment remains highly uncertain mainly due to the trade tariff wars.
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47 minutes ago
UK Private Sector Growth Moderates On Services Activity
UK private sector output continued to grow in July but the pace of expansion moderated as services activity lost momentum, flash survey results from S&P Global revealed on Thursday. The composite output index slid to 51.0 in July from 52.0 in June. The reading was also above the forecast of 51.9.
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1h 28min ago
Bay Street Likely To Open On Mixed Note; Trade Talks, Earnings In Focus
Canadian shares are likely to open on a mixed note Thursday morning with investors focusing on trade talks between Canadian and U.S. officials, and reacting to the latest batch of economic data.
The focus will also be on U.S. President Donald Trump's visit to the Federal Reserve today. Ahead of next week's policy meeting of the Fed, the visit looks significant.
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1h 59min ago
Eurozone Private Sector Growth At 11-Month High
The euro area private sector grew at the fastest pace in almost a year in July as the recession in the manufacturing sector is coming to an end, flash survey results from S&P Global revealed Thursday. The HCOB composite output index posted 51.0 in July, up from 50.6 in the previous month. A score above 50.0 signals expansion.
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2h 2min ago
Honeywell Lifts FY25 Outlook Above Markt After Q2 Beats Street
Honeywell International Inc. (HON), which is preparing to separate into three public companies, on Thursday lifted its fiscal 2025 outlook for earnings and revenues after reporting higher second-quarter results above market estimates.
In pre-market activity on the Nasdaq, Honeywell shares were losing around 1.4 percent.
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3h 23min ago
FTSE 100 Up Nearly 1% On Encouraging Earnings Updates
U.K. stocks are up firmly in positive territory Thursday morning amid easing concerns about trade, as the U.S. and EU appear set to strike a deal sometime soon. Investors are also reacting to earnings updates and the latest batch of regional economic data.
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3h 57min ago
Sensex Drops 542 Points On Trade Deal Uncertainty; Nifty Dips Below 25,100
Indian shares fell notably on Thursday as investors fretted over stalled India-U.S. trade deal, slowing earnings growth and recent selling by foreign portfolio investors.
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4h 10min ago
Deutsche Bank Shares Up On Highest Q2 Profit Since 2007; Maintains FY25 Guidance
Shares of Deutsche Bank AG were gaining around 7 percent in the morning trading in Germany and around 6 percent in the pre-market activity on the NYSE, after the banking major reported Thursday a net profit in its second quarter, compared to prior year's loss, mainly on the non-recurrence of a litigation provision, and higher revenues.
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4h 14min ago
