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Japan Rate Decision On Tap For Friday
(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at -0.10 percent.
Singapore will release May figures for non-oil domestic exports, with forecasts suggesting a decline of 0.8 percent on month and 9.1 percent on year after rising 2.7 percent on month and sinking 9.8 percent on year in April. The trade surplus is pegged at SGD5.982 billion, up from SGD4.713 billion in the previous month.
New Zealand will see May results for the manufacturing index from BusinessNZ, with forecasts suggesting a score of 50.2 - up from 49.1 in April.
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TSX Down Marginally In Lackluster Trade
Canadian stocks are turning in a lackluster performance on Monday as investors closely focusing on the meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the White House.
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54 minit yang lalu
Swiss Market Settles Flat
After a flat start, the Switzerland market turned weak Monday morning and then spent the rest of the day's trading session in negative territory as investors remained reluctant to pick up stocks as they looked ahead to a meeting between U.S. President Donald Trump and several European leaders to discuss the situation in Ukraine.
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1j 21min yang lalu
European Markets Close On Mixed Note After Cautious Session
European stocks turned in a mixed performance on Monday as investors largely stayed cautious, looking ahead to the meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskyy after the Trump-Putin Summit failed to result in any breakthrough to end the war in Ukraine.
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1j 38min yang lalu
Dollar Extends Losses As Markets Cling On To Fed Cut Hopes
The Dollar extended losses during the week ended August 15 amidst strong Fed rate cut expectations, benign consumer price growth, easing geopolitical concerns as well as fading concerns about trade tariff uncertainty.
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4j 21min yang lalu
U.S. Homebuilder Confidence Edges Slightly Lower In August
The National Association of Home Builders released a report on Monday showing a modest deterioration by U.S. homebuilder confidence in the month of August. The report said the NAHB/Wells Fargo Housing Market Index edged down to 32 in August after inching up to 33 in July. Economists had expected the index to come in unchanged.
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4j 33min yang lalu
Indian Rupee Rises To 2-week High On GST Reforms Push
The Indian rupee strengthened against the U.S. dollar in the European session on Monday, after Prime Minister Narendra Modi unveiled plans of the biggest tax overhaul since 2017 over the weekend, boosting stocks across sectors like auto, financial, real estate, consumer and cement.
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6j 18min yang lalu
Canadian Market May Open Slightly Weak
Lower Canadian and U.S. futures and weak European markets point to a slightly negative start on Bay Street Monday morning. Firm commodity prices might help limit market's downside.
The focus will be on the meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskiy later in the day.
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6j 54min yang lalu
FTSE 100 Slips After Positive Start, Down Marginally
After a modest upmove in early trades, the U.K. market retreated on Monday with investors turning cautious, focusing on the upcoming meeting between U.S. President Donald Trump and several European leaders, after the Trump-Putin summit failed to result in any breakthrough to end the war in Ukraine.
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7j 34min yang lalu
