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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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U.S. Producer Price Growth Far Exceeds Estimates In July
Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.
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2घंटे 30 मिनट पहले
U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000
The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th. The report said initial jobless claims dipped to 224,000, a decrease of 3,000 from the previous week's revised level of 227,000.
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3घंटे 2 मिनट पहले
UK GDP Rises More Than Expected
The UK economy expanded more than expected in the second quarter but the overall growth softened as US frontloading propelled growth at the start of the year. Gross domestic product expanded 0.3 percent in the second quarter largely driven by growth in the service sector, the Office for National Statistics reported Thursday.
Although the rate was stronger than the expected growth of 0.1 pe
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3घंटे 44 मिनट पहले
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.
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4घंटे 15 मिनट पहले
S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings
S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.
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4घंटे 18 मिनट पहले
U.S. Producer Prices Jump Much More Than Expected In July
Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday.
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4घंटे 29 मिनट पहले
U.S. Weekly Jobless Claims Unexpectedly Edge Modestly Lower
The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th.
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4घंटे 35 मिनट पहले
Pound Rises On Upbeat U.K. GDP Data
The British pound strengthened against most major currencies in the European session on Thursday, as the U.K. economy rebounded at a faster-than-expected pace in June.
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5घंटे 48 मिनट पहले
