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Australia Business Sentiment Weakens, Consumer Confidence Improves
Australia's business conditions and confidence weakened in May, indicating signs of slowdown in economic activity, survey results from the National Australia Bank showed Tuesday. Elsewhere, a survey from Westpac showed that consumer sentiment improved in June but remained near recession lows.
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Pound Rises After U.K. Jobs Data
At 2:00 am ET Tuesday, the Office for National Statistics released U.K. labor market data.
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Euro Falls Slightly After German Final CPI Data
At 2:00 am ET Tuesday, Destatis issued Germany's final inflation figures for May.
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Euro Mixed Ahead Of German Final CPI Data
At 2:00 am ET Tuesday, Destatis is scheduled to issue Germany's final inflation figures for May. The initial estimate showed that consumer price inflation eased to 6.1 percent in May from 7.2 percent in April.
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Pound Mixed Ahead Of U.K. Jobs Data
At 2:00 am ET Tuesday, the Office for National Statistics releases U.K. labor market data. The jobless rate is forecast to rise to 4.0 percent in April, from 3.9 percent in the preceding period.
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European Shares Seen Opening Up Ahead Of US CPI Data, Fed Decision
European stocks may open on a positive note Tuesday as investors look ahead to the release of U.S. CPI data later in the day and the widely anticipated Fed decision on Wednesday.
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Australian Dollar Recovers Against Majors
The Australian dollar recovered from recent lows against their major rivals in the Asian session on Tuesday.
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European Economic News Preview: UK Unemployment Data Due
Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is forecast to rise to 4.0 percent from 3.9 percent in the preceding period.
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Sensex, Nifty Gain On Solid Macro Data
Indian shares opened on an upbeat note Tuesday after the latest retail inflation and industrial output data painted a positive picture of the domestic economy.
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NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from global markets overnight, as traders remained cautious as they look ahead to a slew of central bank policy meetings in of the U.S., China, Europe and Japan this week. The US Fed is expected to pause raising interest rates amid signs of cooling inflation and slowing economic growth.
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Sensex, Nifty Set To Rise As Oil Prices Tumble On Demand Concerns
Indian shares are likely to open higher as investors react to firm global cues, tumbling oil prices and encouraging April industrial output and May consumer inflation data released after market hours on Monday.
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Japanese Market Sharply Higher At Fresh 33-year High
The Japanese stock market is sharply higher on Tuesday, extending the gains in the previous two sessions, with the Nikkei 225 moving above the 32,900 level at fresh 33-year highs, following the broadly positive cues from global markets overnight, with gains across most sectors, led by index heavyweights.
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