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Japan Producer Price Data Due On Tuesday
(RTTNews) - Japan will on Tuesday release November numbers for producer prices, highlighting a light day for Asia-Pacific economic activity.
Producer prices are expected to rise 0.2 percent on month and 0.1 percent on year after slipping 0.4 percent on month and gaining 0.8 percent on year in October.
Australia will see November results for the indexes of business confidence and business conditions from National Australia Bank; in October, their scores were -2 and +13, respectively. Australia also will see December results for the consumer sentiment index from Westpac Bank; in November, the index fell 2.6 percent.
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U.S. Homebuilder Confidence Improves Much More Than Expected In October
A report released by the National Association of Home Builders on Thursday showed homebuilder confidence in the U.S. has improved by much more than anticipated in the month of October. The report said the NAHB/Wells Fargo Housing Market Index jumped to 37 in October after holding steady at 32 in September. Economists had expected the index to inch up to 33.
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Philly Fed Index Plunges To Six-Month Low In October
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a substantial pullback by its reading on regional manufacturing activity in the month of October. The Philly Fed said its diffusion index for current general activity plummeted to a negative 12.8 in October after spiking to a positive 23.2 in September, with a negative reading indicating contraction.
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Bay Street Looks Set To Extend Gains
Canadian stocks are likely to open higher on Thursday, tracking rising crude oil and bullion prices. Expectations of another rate cut by the Federal Reserve will also continue to aid sentiment.
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2h 33minuter sedan
Philly Fed Index Plunges Much More Than Expected In October
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a substantial pullback by its reading on regional manufacturing activity in the month of October.
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2h 50minuter sedan
FTSE 100 Down Marginally; Whitbread Tumbles On Lower Earnings
U.K. stocks are turning in a mixed performance on Thursday with investors tracking corporate news, and the data on the nation's GDP that came in line with expectations.
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3h 51minuter sedan
CAC Rises After Government Survives No-confidence Votes
French stocks are up in positive territory on Thursday, lifting the benchmark CAC 40 to an eight-month high, as the mood remains firm following the French government surviving no-confidence votes.
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Sensex, Nifty Rally On Trade Talk Optimism
Indian shares rallied on Thursday after reports suggested that talks on a bilateral trade agreement between India and the United States have picked up pace.
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4h 51minuter sedan
Pound Rises On Upbeat UK GDP Data
The British pound strengthened against other major currencies in the European session on Thursday, after the UK economy expanded slightly as expected in August on the back of the production sector.
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