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Hungarian Forint Drops Against U.S. Dollar After Rate Cut
(RTTNews) - The Hungarian forint weakened against the U.S. dollar on Tuesday, as the National Bank of Hungary reduced the base rate by 100 basis points, as expected.
The base rate was reduced to 9 percent from 10 percent.
The Hungarian forint was trading at 360.03 against the greenback, down from an early 5-day high of 357.87. The currency is seen finding support around the 375.00 level.
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Hungarian Forint Rises Against U.S. Dollar After Hungary Rate Hike
The Hungarian forint advanced against the U.S. dollar in the European session on Tuesday, as Hungary's central bank lifted its benchmark rate at a sharper-than-expected pace.
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960 dias atrás
European Economic News Preview: UK GDP & Foreign Trade Data Due
First quarterly GDP estimates and foreign trade from the UK and flash GDP and employment from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK GDP, industrial output and foreign trade figures. The economy is expected to remain flat on month in March after expanding 0.5 percent in February.
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Australian Market Turns To Modest Gains In Mid-market
The Australian market is turning its early losses to modest gains in mid-market on Thursday, after being in the red most of the morning session, extending the gains in the previous six sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,300 level, with gains in financial and technology stocks nearly offset by weakness in mining stocks.
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Indian Market Likely To Open On Cautious Note
Subdued GIFT Nifty, weak Asian stocks and the overnight mixed close on Wall Street point to a slightly negative start for Indian shares Thursday morning.
Investors are likely to react to a slew of quarterly earnings announcements.
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1 h 49 min atrás
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious amid continued uncertainty surrounding US President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K. Asian Markets closed mostly higher on Wednesday.
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Mild Upside Seen For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last six trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's poised to inch higher again on Thursday.
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Japanese Market Significantly Lower
The Japanese market is trading significantly lower on Thursday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,800 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
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3 h 29 min atrás
Indonesia Bourse May Test Resistance At 7,000 Points
The Indonesia stock market has finished higher in two straight sessions, improving more than 150 points or 2.2 percent in that span. The Jakarta Composite Index now rests just beneath the 6,980-point plateau although investors may lock in gains on Thursday.
RTTNews
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3 h 38 min atrás
