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South Korea Inflation Data Due On Friday
(RTTNews) - South Korea will on Friday see December data for consumer prices, highlighting a light day for Asia-Pacific economic activity.
Inflation is expected to rise 0.2 percent on month and 3.3 percent on year after slipping 0.6 percent on month and gaining 3.3 percent on year in November.
Also, the markets in South Korea and New Zealand are closed on Friday for the New Year's Day holiday.
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CAC 40 Modestly Higher
The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings
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Yen Rises Amid BoJ Rate Hike Speculation
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
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Sensex, Nifty End Modestly Lower After Trump's Tariff Threat
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European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.
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Asian Shares Extend Gains Amid Fed Rate Cut Hopes
Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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