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Singapore Retail Sales Data Due On Friday
(RTTNews) - Singapore will on Friday release June figures for retail sales, highlighting a light day for Asia-Pacific economic activity.
Sales are expected to be flat on month and rise 2.7 percent on year after slipping 0.2 percent on month and adding 1.8 percent on year in May.
Japan will see June numbers for average cash earnings; in the previous month, earnings were up 2.5 percent on year.
Finally, the Reserve Bank of Australia is scheduled to release its regular monetary policy statement.
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Fed Leaves Interest Rates Unchanged In Divided Decision
The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged for the fifth consecutive meeting. In support of its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run, the Fed said it decided to maintain the target range for the federal funds rate at 4.25 to 4.50 percent.
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vor 51 Minuten
Swiss Market Settles Lower After Choppy Session
The Switzerland market ended on a weak note on Wednesday despite spending much of the day's trading session in positive territory. The focus was on corporate earnings and the developments on the trade front.
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vor 1Std 16 Minuten
European Stocks Close Mixed As Investors React To Earnings, Economic Data
European stocks turned in a mixed performance on Wednesday with investors largely reacting to earnings announcements, and awaiting the Federal Reserve's monetary policy announcement later in the day.
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vor 1Std 41 Minuten
Canadian Market Modestly Lower As Investors Digest Earnings, BoC Rate Decision
Canadian stocks are turning in a mixed performance on Wednesday with investors digesting Bank of Canada's policy announcement, and reacting to a slew of corporate earnings updates.
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vor 2Std 43 Minuten
U.S. Pending Home Sales Unexpectedly Decrease In June
Pending home sales in the U.S. unexpectedly decreased in the month of June, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index slid by 0.8 percent to 72.0 in June after jumping by 1.8 percent to 72.6 in May. Economists had expected pending home sales to rise by 0.2 percent.
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vor 4Std 17 Minuten
Bank Of Canada Leaves Interest Rates Unchanged For Third Straight Meeting
In a widely expected move, the Bank of Canada on Wednesday announced that it has once again decided to leave interest rates unchanged. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
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vor 5Std 1 Minuten
U.S. GDP Rebounds In Q2 Amid Sharp Pullback By Imports
The Commerce Department released a report on Wednesday showing the U.S. economy rebounded by more than expected in the second quarter of 2025. The report said real gross domestic product surged by 3.0 percent in the second quarter after falling by 0.5 percent in the first quarter. Economists had expected GDP to jump by 2.5 percent.
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vor 5Std 11 Minuten
U.S. Private Sector Job Growth Exceeds Estimates In July
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by more than expected in the month of July. The report said private sector employment jumped by 104,000 jobs in July after slipping by a revised 23,000 jobs in June.
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vor 5Std 26 Minuten
