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Australia Unemployment Data Due On Thursday
(RTTNews) - Australia will on Thursday release July figures for unemployment, highlighting a light day for Asia-Pacific economic activity.
The jobless rate is expected to fall to 4.2 percent from 4.3 percent in June, with the addition of 35,300 jobs following the increase of 2,000 jobs a month earlier. The participation rate is seen steady at 67.1 percent.
South Korea will see July numbers for import and export prices; in June, they were down an annual 6.2 percent and 4.5 percent, respectively.
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DAX Modestly Higher As Investors Focus On Earnings
The German market is up in positive territory on Thursday, extending gains from the previous session, with investors continuing to focus on earnings and economic data, and hoping for an interest rate cut by the Federal Reserve next month. Focus is also on the upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin.
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30 minutes ago
European Shares Mostly Higher In Cautious Trade; FTSE 100 Underperforms
European shares edged up to hit a two-week high on Thursday as investors assessed a slew of earnings and U.K. GDP data.
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1h 12min ago
Asian Shares Mostly Lower Ahead Of Trump-Putin Summit
Asian stocks ended mostly lower on Thursday as investors digested weak China bank lending data and awaited crucial U.S.-Russia talks on Ukraine.
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1h 36min ago
Australian Dollar Advances On Robust Employment Data
The Australian dollar strengthened against some major counterparts in the Asian session on Thursday, after data showed that the Australia's unemployment rate dropped in July and employment increased sharply, suggesting that the labor market conditions remain strong.
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1h 57min ago
Yen Rises Amid BoJ Rate Hike Expectation
The Japanese yen strengthened against other major currencies in the Asian session on Thursday, as the Bank of Japan (BoJ) raised its inflation outlook in July and kept the door open for an imminent interest rate hike by the end of current year.
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2h 18min ago
Australian Dollar Advances Against Some Majors
The Australian dollar strengthened against some major counterparts in the Asian session on Thursday.
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3h 49min ago
European Shares Seen Mixed As Focus Shifts To US-Russia Talks
European stocks are seen opening on a mixed note Thursday as traders eagerly await a high-profile meeting between U.S. President Donald Trump and Russian President Vladimir Putin scheduled for Friday.
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4h 36min ago
European Economic News Preview: UK GDP & Foreign Trade Data Due
Monthly GDP estimates and foreign trade from the UK and flash quarterly national accounts and employment from the euro area are due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial output and foreign trade data. The economy is forecast to grow 0.2 percent on a monthly basis in June, reversing a 0.1 percent fall in May.
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5h 1min ago
