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South Korea Rate Decision On Tap For Thursday

RTTNews | 816 days ago

South Korea Rate Decision On Tap For Thursday

(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate steady at 3.50 percent.

Australia will see Q4 figures for private new capital expenditure, with forecasts suggesting an increase of 1.3 percent on quarter following the 0.6 percent drop in the three months prior.

Singapore will release January numbers for consumer prices, with forecasts expecting an annual increase of 5.6 percent for core CPI and 7.1 percent for overall inflation. In December, they were at 5.1 percent and 6.5 percent, respectively.

Taiwan will provide January data for industrial production; in December, production slumped 7.93 percent on year.

Hong Kong will see January figures for consumer prices, with forecasts suggesting an increase of 1.90 percent on year, easing from 2.00 percent in December.

Finally, the markets in Japan are closed on Thursday for the Emperor's Birthday and will re-open on Friday.

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U.S. Leading Economic Index Slumps More Than Expected In April

U.S. Leading Economic Index Slumps More Than Expected In April

The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.

RTTNews | 10 minutes ago

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RTTNews | 2h 43min ago

FTSE 100 Drifts Lower In Cautious Trade

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RTTNews | 3h 19min ago

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

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RTTNews | 4h 2min ago

Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950

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RTTNews | 4h 9min ago

DAX Down Marginally In Cautious Trade

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German stocks are exhibiting weakness on Monday in cautious trade after recent gains. Investors are assessing possible risks to global economic growth due to geopolitical tensions and tariff uncertainty, as well as a downgrade in U.S. sovereign debt.

RTTNews | 4h 28min ago

European Shares Edge Lower On US Debt Concerns

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European stocks traded lower on Monday as investors reacted to Moody's downgrade of U.S. credit rating and mixed economic data from China.

RTTNews | 5h 12min ago

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