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Indonesia Retail Sales Data Due On Monday
(RTTNews) - Indonesia will on Monday release July figures for retail sales, highlighting a light day for Asia-Pacific economic activity. In June, sales were up 1.9 percent on year.
Malaysia will see June data for unemployment; in May, the jobless rate was 3.0 percent.
Finally, the markets in Japan (Mountain Day) and Thailand (Queen Sirikit's birthday) are closed on Monday; Japan will be back on Tuesday, while Thailand is shuttered until Wednesday.
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Canadian Dollar Advances Against Most Majors
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Swiss Market Ends Modestly Lower
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European Markets Close Weak On Credit Market Jitters, Trade Tensions
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TSX Down Sharply; Materials Stocks Tumble
The Canadian market is down sharply in negative territory Friday afternoon due to a sell-off in materials stocks. Concerns about growth after Bank of Canada Governor Tiff Maclem warned that spillovers from U.S. President Donald Trump's tariff policies could weaken the economy.
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Bay Street Headed For Weak Start
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FTSE 100 Down 1.4%; Bank Stocks Fall On U.S. Lenders' Credit Woes
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CAC 40 Drifts Lower As Bank Stocks Tumble; Essilor Jumps On Strong Earnings
A day after hitting a 7-month high, French stock market's benchmark index CAC 40 has slipped into negative territory with bank stocks suffering sharp losses on Friday amid concerns about the health of U.S. credit markets.
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Pound Falls Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the European session on Friday, amid rising expectations that the Bank of England (BoE) will cut interest rates further this year.
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