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Australia Home Loan Data Due On Friday
(RTTNews) - Australia will on Friday release December figures for home loans, highlighting a modest day for Asia-Pacific economic activity. In November, loans were down 2.0 percent on month and investment lending slipped 3.6 percent.
Singapore will release December numbers for retail sales; in November, sales were down 3.7 percent on month and up 6.2 percent on year.
Hong Kong will provide December data for retail sales; in November, sales were down 4.2 percent on year.
Finally, the markets in Hong Kong and Singapore will see January results for their respective private sector PMIs from S&P Global, while Australia, China and Japan will see services PMI results from S&P, Caixin and Jibun, respectively.
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Commodity Currencies Slide, Yen Rises Amid Cautious Trade
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, as traders remain cautious amid continued uncertainty surrounding U.S. President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K.
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1h 49min ago
Canadian Dollar Drops Against Majors
The Canadian dollar weakened against most major currencies in the Asian session on Thursday.
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2h 40min ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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2h 54min ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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3h 4min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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4h 4min ago
European Markets Seen Opening Weak On Thursday
Stock markets in Europe are expected to open on a weak note on Thursday amidst fading enthusiasm regarding the de-escalation in global trade tensions. Absence of fresh catalysts on the trade front, a cooling tech rally as well as anxiety ahead of a speech by Fed Chair Jerome Powell are also expected to keep market sentiment muted.
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4h 5min ago
Sensex, Nifty Recover After Early Setback, Up Modestly Amid High Volatility
After a weak start and a subsequent drop to lower levels, Indian stocks recovered well Thursday morning, lifting the benchmark indices Sensex and the Nifty50 well above the flat line.
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4h 34min ago
European Economic News Preview: UK GDP & Foreign Trade Data Due
First quarterly GDP estimates and foreign trade from the UK and flash GDP and employment from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK GDP, industrial output and foreign trade figures. The economy is expected to remain flat on month in March after expanding 0.5 percent in February.
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5h 15min ago
