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New Zealand Inflation Data Due On Monday
(RTTNews) - New Zealand will on Monday release Q2 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
Inflation is expected to rise 0.6 percent on quarter and 2.8 percent on year after adding 0.9 percent on quarter and 2.5 percent on year in the previous three months.
Hong Kong will provide June numbers for consumer prices; in May, inflation was down 0.3 percent on month and up 1.9 percent on year.
Finally, the markets in Japan are closed on Monday for Marine Day and will re-open on Tuesday.
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Pound Falls Against Majors
The British pound weakened against most major currencies in the European session on Friday.
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10 minutos atrás
DAX Drifts Lower As Investors Await Progress On Trade Front
German stocks are notably lower on Friday as investors react to a slew of corporate earnings announcements, and closely follow the developments on the trade front.
European Union officials are voicing optimism about a possible trade deal with the United States, but U.S. President Donald Trump's position is seen to have hardened ahead of the August 1 deadline.
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14 minutos atrás
Yen Falls As Tokyo CPI Inflation Slows
The safe-haven Japanese yen weakened against other major currencies in the Asian session on Friday, as data showed Tokyo CPI inflation eased more than expected in July, complicating the Bank of Japan's interest-rate hike prospects.
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20 minutos atrás
Sensex, Nifty Tumble On US Trade Deal Uncertainty
Indian shares fell sharply on Friday, with uncertainty around U.S. trade deal, signs of slowing earnings growth and continued selling by foreign investors weighing on markets.
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26 minutos atrás
German Business Sentiment Strongest In More Than A Year
German business confidence improved to the highest level in more than a year in July despite heightening trade tensions, survey results from the Munich-based ifo Institute showed on Friday. The business climate index registered 88.6 in July, up from 88.4 in the previous month. The reading was below forecast of 89.0 but the highest since May 2024.
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29 minutos atrás
European Shares Subdued With Trade Talks In Focus
European stocks were subdued on Friday as investors waited for the latest updates on EU-U.S. trade talks ahead of the August 1 deadline.
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1 h 32 min atrás
Asian Shares Mostly Lower As US Tariff Deadline Nears
Asian stocks ended mostly lower on Friday ahead of a key week featuring U.S. tariff decisions, big tech earnings and central bank meetings.
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2 h 3 min atrás
Commodity Currencies Slide As Traders Remain Cautious
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Friday, as traders are cautious and optimistic that the U.S. will sign up more deals with its remaining trading partners before President Donald Trump's Aug. 1 deadline. The UK, China, Vietnam, and Indonesia have already struck deals, while Canada, India, South Korea, and the EU are ramping up their efforts.
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2 h 33 min atrás
