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Malaysia GDP Data Due On Friday
(RTTNews) - Malaysia will on Friday release Q3 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
GDP is expected to expand 3.3 percent on year, up from 2.9 percent in the three months prior.
Singapore will provide October numbers for non-oil domestic exports; in September, exports were up 11.1 percent on month and down 13.2 percent on year.
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European Shares Edge Higher In Cautious Trade
European stocks traded higher on Friday as robust U.S. economic data and encouraging tech earnings helped ease tariff-related concerns for now.
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Asian Shares Mixed As Tariff Worries Keep Investors On Edge
Asian stocks gave up early gains to end mixed on Friday as tariff-related worries offset encouraging tech earnings and positive U.S. economic data.
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Malaysia GDP Growth Improves In Q2
Malaysia's economic growth improved in the second quarter driven by strong domestic demand amid global trade distortions, advance estimates from the Department of Statistics showed on Friday. Gross domestic product expanded 4.5 percent year-on-year in the second quarter, slightly faster than the 4.4 percent growth seen in the first quarter.
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2g 1 minut temu
Yen Falls Ahead Of Japan Election
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders remain uncertain about Japan's upper house election and consider the fiscal implications of this weekend's vote. Meanwhile, the country's 40-year government bond yield experienced a notable decline.
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2g 19 minut temu
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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2g 41 minut temu
Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the Asian session on Friday amid increased risk-on mood, as traders reacted to upbeat economic data from the U.S. and Japan that renewed optimism about the global economy. Countries are also hustling to strike trade deals with the U.S. as the August 1 deadline for pausing of "reciprocal tariffs" is less than a fortnight away.
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NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday
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3g 27 minut temu
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday
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3g 33 minut temu
