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Indonesia Rate Decision Due On Wednesday
(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.
The benchmark lending rate (5.50 percent), deposit facility rate (4.75 percent), and lending facility rate (6.25 percent) are all expected to be unchanged.
South Korea will provide June numbers for imports, exports and trade balance. In May, imports were up 3.3 percent on year and exports rose an annual 4.3 percent for a trade surplus of $9.08 billion.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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European Economic News Preview: Eurozone Sentix Investor Confidence Due
Investor confidence from the euro area and unemployment from Spain are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office publishes Swiss inflation data for July. Economists forecast consumer prices to rise 0.1 percent year-on-year, the same rate of increase as seen in June.
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Australian Market Extends Early Losses In Mid-market
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Asian Markets Trade Mixed
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Indian shares look set to open on a positive note Monday after two consecutive sessions of losses.
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Thai Stock Market Expected To Open In The Red Again On Monday
The Thai stock market has moved lower in consecutive trading days, falling more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's likely in for a rough ride again on Monday.
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