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Australia Building Approval Data Due On Thursday
(RTTNews) - Australia will on Thursday see January numbers for building approvals, highlighting a light day for Asia-Pacific economic activity.
Overall approvals are seen higher by 6.3 percent on month after adding 0.7 percent in December. Private house approvals are expected to rise 1.1 percent after sinking 3.0 percent in the previous month.
Hong Kong will provide Q4 figures for industrial production and producer prices; in the three months prior, industrial production was down 0.1 percent on year and producer prices were up an annual 3.2 percent.
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Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday on increased risk-off sentiment, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets.
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2j 24min yang lalu
European Shares To Open On Soft Note As US Debt Concerns Mount
European stocks may open on a sluggish note Thursday as investors react to U.S. deficit concerns and budget debates.
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2j 54min yang lalu
European Economic News Preview: Eurozone Flash PMI Data Due
Flash purchasing managers' survey results from the major euro area economies and business sentiment from Germany and France are due on Thursday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data for April. The budget deficit is forecast to rise to GBP 18 billion from GBP 16.4 billion in March.
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3j 28min yang lalu
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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3j 29min yang lalu
NZ Dollar Slides Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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3j 44min yang lalu
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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3j 50min yang lalu
Sensex, Nifty Tumble On US Fiscal Concerns
Indian shares were sharply lower on Thursday after Wall Street saw one of its most brutal selling sessions overnight in over a month on concerns about deteriorating U.S. fiscal outlook.
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4j 10min yang lalu
Australian Market Slightly Trims Early Losses In Mid-market
The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
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4j 59min yang lalu
