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Singapore Inflation Data Due On Wednesday
(RTTNews) - Singapore will on Wednesday release June figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In May, overall inflation was up 0.6 percent on month and 0.8 percent on year, while core CPI rose an annual 0.6 percent.
Taiwan will provide June numbers for industrial production; in May, production jumped 22.6 percent on year.
Australia will see June results for the leading index from the Melbourne Institute; in May, the index fell 0.1 percent on month.
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Bank Of England Cuts Rate In Tight Vote
The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.
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42 minutes ago
Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street
Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.
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1h 24min ago
U.S. Labor Productivity Surges 2.4% In Second Quarter
Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.
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1h 32min ago
U.S. Weekly Jobless Claims Rise More Than Expected
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.
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1h 38min ago
Pound Jumps After BoE Rate Decision
The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
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2h 6min ago
CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%
French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.
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2h 8min ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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2h 23min ago
Euro Rises Amid Trump's Tariff Implementations
The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
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2h 41min ago
