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New Zealand Card Retail Sales Data Due On Wednesday
(RTTNews) - New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. In March, sales sank 0.8 percent on quarter and 1.6 percent on year.
Japan will provide April numbers for producer prices, with forecasts suggesting an increase of 0.2 percent on month and 4.0 percent on year - easing from 0.4 percent on month and 4.2 percent on year in March.
Australia will see Q1 data for wage prices; in the three months prior, wage prices were up 0.7 percent on quarter and 3.2 percent on year.
South Korea will release April numbers for unemployment; in March, the jobless rate was 2.9 percent.
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Pound Falls Against U.S. Dollar, Euro
The pound dropped against the U.S. dollar and the euro in the New York session on Wednesday.
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1h 7min ago
E.ON Confirms Outlook After Higher Q1 Adj. Earnings
German utility E.ON SE reported Wednesday a significant increase in its first-quarter adjusted earnings and Group EBITDA with growth in all three core segments. Further, the firm affirmed its guidance for 2025 and its outlook through 2028. On the XETRA in Germany, E.ON shares were gaining around 1.36 percent.
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6h 23min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Wednesday.
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8h 47min ago
FTSE 100 Flat As Stocks Move In Tight Range
U.K. stocks are mostly subdued in lackluster trade on Wednesday as investors react to a mixed batch of earnings announcements, and await more economic data from the U.S., and clarity about Trump administration's stance on tariffs with regard to European countries.
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9h 22min ago
CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings
French stocks are exhibiting weakness on Wednesday, snapping a four-session winning streak, as investors focus on earnings and other corporate news, and await more economic data for directional clues. Some profit taking is also contributing to market's weakness.
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9h 43min ago
Sensex, Nifty End Choppy Session Modestly Higher
Indian shares ended modestly higher on Wednesday as signs of easing retail inflation sparked hopes for more rate cuts from the Reserve Bank of India in coming months.
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9h 48min ago
DAX Drifts Lower In Cautious Trade; Brenntag Down Sharply On Lower Earnings
German stocks are down in negative territory on Wednesday with investors mostly making cautious moves after recent gains in the wake of the U.S. and China striking a trade deal, and somewhat soft U.S. consumer price inflation data.
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10h 5min ago
European Shares Drift Lower In Lackluster Trade
European stocks were slightly lower in cautious trade on Wednesday while the dollar extended losses as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.
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10h 57min ago
