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Forex News
Japan Annual Inflation Rate Slows To 3.3% In February
Overall consumer prices in Japan were up 3.3 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday.
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837 days ago
Mild Upside Seen For Malaysia Stock Market
The Malaysia stock market on Thursday ended the modest two-day winning streak in which it had picked up more than 10 points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,410-point plateau although it's poised to tick higher again on Friday.
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837 days ago
South Korea Shares Poised To Extend Winning Streak
The South Korea stock market has finished higher in three straight sessions, gathering almost 45 points or 1.7 percent along the way. The KOSPI now rests just beneath the 2,425-point plateau and it may add to its winnings again on Friday.
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837 days ago
Australia Manufacturing Sector Falls Into Contraction - Judo Bank
The manufacturing sector in Australia slipped into contraction territory in March, the preliminary survey from Judo Bank revealed on Friday with a manufacturing PMI score of 48.7.
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837 days ago
Japan Inflation Data Due On Friday
Japan will on Friday release February data for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In January, overall inflation was up 0.5 percent on month and 4.3 percent on year, while core CPI rose an annual 4.2 percent.
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837 days ago
TSX Ends Weak As Energy, Financials Stocks Post Losses
After staying positive till around mid afternoon, the Canadian market retreated and closed weak on Thursday, led by losses in energy and financials shares.
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837 days ago
Swiss Market Ends Weak After SNB Hikes Rates
Switzerland stock market ended on a weak note on Thursday as investors digested Swiss National Bank's interest rate decision.
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838 days ago
more news
European Stocks Close Broadly Lower After BoE, SNB Raise Interest Rates
Despite recovering from the day's lows, European stocks closed on a weak note on Thursday as investors weighed how the interest rate hikes by the Federal Reserve, the Bank of England and Swiss National Bank might impact economic growth over the near to medium term.
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838 days ago
Turkish Central Bank Keeps Key Rate Unchanged At 8.50%
Turkey's central bank decided to maintain its key interest rate in its March meeting, as the committee assessed that the current monetary policy stance is adequate to support the necessary recovery in the aftermath of the earthquake by maintaining price stability and financial stability.
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838 days ago
Taiwan Central Bank Raises Key Rate Further, Cuts Growth Forecast
Taiwan's central bank raised its key interest rate by a surprise move at its December meeting amid concerns about inflation as policymakers aim to achieve price stability and support sound economic and financial development. The central bank board unanimously decided to raise the benchmark discount rate by 0.125 percentage points to 1.875 percent.
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838 days ago
U.S. New Home Sales Increase From Downwardly Revised Level In February
New home sales in the U.S. increased from a significantly downwardly revised level in the month of February, according to a report released by the Commerce Department on Thursday. The report said new home sales climbed by 1.1 percent to an annual rate of 640,000 in February after jumping by 1.8 percent to a downwardly revised rate of 633,000 in January.
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838 days ago
Bank Of England Raises Key Rate Further To Tame Inflation
The Bank of England hiked its key rate for the eleventh consecutive session on Thursday as an unexpected rise in inflation outweighed concerns about the recent banking sector turbulence. The nine-member Monetary Policy Committee decided to lift the bank rate by 25 basis points to 4.25 percent. This was the highest rate since 2008.
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838 days ago
Pound Mixed After BoE Decision
The pound showed mixed performance against its major rivals in the European session on Thursday, after the Bank of England raised its benchmark rate by 25 basis points and signalled further tightening if there are signs of persistent price pressures.
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838 days ago
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