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Malaysia Inflation Data Due On Tuesday
(RTTNews) - Malaysia will on Tuesday release May data for consumer prices, highlighting a light day for Asia-Pacific economic activity. In April, inflation was up 0.1 percent on month and 1.4 percent on year.
Taiwan will provide Maya numbers for industrial production; in April, production surged 22.31 percent on year.
New Zealand will see May results for credit card spending; in April, spending was up 0.5 percent on year.
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Antipodean Currencies Traded Higher Amid Risk-on Mood
The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.
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32 minutos atrás
European Shares Inch Lower As Focus Shifts To Inflation Readings
European stocks drifted lower on Monday ahead of key inflation releases from Germany, France, Italy, and Spain due later in the week.
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1 h 31 min atrás
Asian Shares Rise As Powell Signals Rate Cuts
Asian stocks rose broadly on Monday as Federal Reserve Chair Jerome Powell's dovish signals at the Jackson Hole symposium opened the door to an interest rate cut next month.
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1 h 52 min atrás
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
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2 h 34 min atrás
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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2 h 40 min atrás
European Shares Seen Lower At Open As Nvidia Earnings Loom
European stocks are seen opening broadly lower on Monday as investors look ahead to a busy week of economic data and await Nvidia earnings.
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4 h 50 min atrás
Sensex, Nifty Open Higher On Firm Global Cues; IT Stocks Lead Gains
Indian shares opened higher on Monday, mirroring positive cues from global markets amid renewed optimism over a potential U.S. Federal Reserve rate cut.
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5 h 54 min atrás
Australian Market Slashes Early Gains In Mid-market
The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
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7 h 0 min atrás
