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Japan Household Spending Data Due On Tuesday
(RTTNews) - Japan will on Tuesday release November numbers for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to fall 0.5 percent on month and rise 0.5 percent on year after gaining 1.1 percent on month and 1.2 percent on year in October.
Japan also will see December data for Tokyo inflation. In November, overall Tokyo inflation was up 3.8 percent on year and core CPI rose an annual 3.6 percent.
South Korea will provide November figures for its current account; in October, the current account surplus was $0.883 billion.
Malaysia will see unemployment data for November; in October, the jobless rate was 3.6 percent.
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TSX Scales New Record High; Materials, Financials Stocks Among Top Gainers
Canada's S&P/TSX Composite Index surged to a new record high on Wednesday with stocks from materials, financials, consumer staples and industrials sectors turning in a strong performance.
The mood in the market is quite bullish amid hopes the government shutdown in the U.S. will come to end soon.
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2g 19 minut temu
Swiss Market Settles On Firm Note
The Switzerland market closed on a firm note on Wednesday, tracking positive cues from other markets in Europe, amid rising prospects of an end to the U.S. government shutdown this week, and hopes about an interest rate cut by the Federal Reserve next month.
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2g 41 minut temu
European Stocks Close On Firm Note
European stocks closed higher on Wednesday, extending recent gains, amid hopes the U.S. government shutdown will end soon, possibly even by this Friday.
Expectations of a rate cut by the Federal Reserve next month, and data showing a smaller than expected increase in Germany's consumer price inflation also contributed to markets' positive close.
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2g 55 minut temu
Bay Street May Open On Positive Note Again
Canadian stocks may open higher on Wednesday amid optimism about an end to the U.S. government shutdown. Firm European stocks and expectations of an interest rate cut by the Federal Reserve next month may also help underpin sentiment.
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7g 17 minut temu
FTSE 100 Pares Early Gains; SSE Soars 12%
After opening marginally higher and moving up a bit subsequently, the U.K. market's FTSE 100 slipped into negative territory on Wednesday, with investors looking for direction and largely refraining from making significant moves.
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8g 35 minut temu
CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%
French stocks are up in positive territory on Wednesday, extending gains to a third straight session, led by gains in financial and luxury sectors.
Expectations of an interest rate cut by the Federal Reserve next month, and hopes that the government shutdown in the U.S. will likely end this week help underpin sentiment.
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9g 33 minut temu
DAX Climbs To 4-week High On Inflation Data, Earnings
Germany's DAX climbed to a four-week high on Wednesday with investors continuing to pick up stocks amid hopes the US government shutdown will come to an end soon, and expectations of an interest rate cut by the Federal Reserve in December.
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9g 59 minut temu
Sensex, Nifty Surge On Trade Deal Hopes; IT Stocks Lead Gains
Indian shares rose notably on Wednesday, with U.S. shutdown resolution and growing optimism over a potential trade deal with the United States boosting sentiment.
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10g 57 minut temu
