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New Zealand Interest Rate Decision Due On Wednesday
(RTTNews) - The Reserve Bank of New Zealand will on Wednesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBNZ is widely expected to keep its Official Cash Rate unchanged at 5.50 percent.
South Korea will see July data for imports, exports and trade balance. In June, imports were down 25.4 percent and exports sank 16.5 percent for a trade surplus of $1.63 billion.
Australia will see July results for the leading index from the Melbourne Institute; in June, the index rose 0.1 percent on month.
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Bay Street Likely To Open On Mixed Note
Canadian shares may open on a mixed note Monday morning, tracking a weak lead from European markets and firm commodity prices.
The mood is likely to be cautious as investors await Canadian inflation data for the month of June on Tuesday.
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3h 35min ago
Pound Falls As Traders Speculate BoE Rate Cut Decision
The British pound weakened against other major currencies in the European session on Monday, as traders speculate that the Bank of England (BoE) is likely to reduce its interest rate in the next month's monetary policy decision.
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4h 0min ago
FTSE 100 Modestly Higher
The U.K. market is up in positive territory on Monday, even as other major markets in Europe are languishing in negative territory amid rising concerns about trade war following U.S. President Donald Trump's threat that he would impose a 30% tariff on EU imports from August 1.
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4h 12min ago
Dollar Rebounds As Trade War Escalates
A steep escalation in the trade related tensions between the U.S. and its trade partners boosted the dollar and the Dollar Index during the week ended July 11.
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4h 25min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Monday.
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4h 27min ago
CAC 40 Moderately Lower As Trade War Concerns Hurt Sentiment
French stocks are down in negative territory on Monday, weighed down by trade war concerns following U.S. President Donald Trump's threat that he would impose a 30% tariff on EU imports from August 1.
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4h 37min ago
DAX Notably Lower As Trade War Worries Mount
German stocks are notably lower on Monday as trade war worries escalated after U.S. President Donald Trump threatened over the weekend that he would impose a 30% tariff on EU imports from August 1.
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5h 13min ago
Sensex, Nifty Decline As Trade Tensions Weigh
Indian shares ended Monday's session lower as U.S. President Donald Trump escalated his trade offensive, leading to increased volatility in global markets and prompting investors to seek refuge in safe-haven assets.
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5h 37min ago
