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European Economics Preview: Germany Producer Price Data Due
(RTTNews) - Producer prices data from Germany is the only major statistical report due on Monday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis releases Germany's producer prices for October. Producer prices are forecast to surge 41.5 percent on a yearly basis, but slower than the 45.8 percent gain posted in September.
In the meantime, capacity utilization data is due from Sweden.
At 4.00 am ET, Bank of Greece publishes current account figures for September. The current account surplus totaled EUR 0.45 billion in August.
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Australia Household Spending Growth Weakens, Trade Surplus Declines
Australia's household spending grew at a slower pace in August and the trade surplus declined sharply as exports of gold decreased dramatically, official data showed on Thursday. Household spending rose only 0.1 percent from July, when consumption grew 0.4 percent, the Australian Bureau of Statistics said. This was the weakest expansion in four months.
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20 minuter sedan
NZ Dollar Rises Amid Risk-on Mood
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday, as Asian stocks traded higher amid optimism about the outlook for interest rates following a report showing unexpected decrease in US private sector employment in the month of September. Expectations of additional rate cuts this year, and another next year have increased among traders based on projections.
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46 minuter sedan
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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1h 16minuter sedan
European Economics News Preview: Eurozone Unemployment Data Due
Unemployment from the euro area and Spain are due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor ministry is scheduled to issue unemployment data. The number of unemployed is expected to increase 15,400 in September. At 4.00 am ET, Italy's statistical office publishes unemployment figures for August.
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1h 54minuter sedan
European Shares Seen Tad Higher At Open
European stocks may open on a positive note Thursday after Wall Street's main stock indexes shrugged off the first U.S. government shutdown in nearly seven years to close higher overnight, with the biggest boost from the healthcare sector.
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2h 15minuter sedan
Australian Market Extends Early Gains In Mid-market
The Australian market is extending its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,900 level, with gains across most sectors led by mining and technology stocks.
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4h 22minuter sedan
Asian Markets Track Wall Street Higher
Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism about the outlook for interest rates following a report showing unexpected decrease in US private sector employment in the month of September. Expectations of additional rate cuts this year and another next year have increased among traders based on projections.
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4h 41minuter sedan
Indian Markets Closed For Public Holiday
Indian stock markets remain closed today on the occasion of Dussehra and Gandhi Jayanti.
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5h 16minuter sedan
