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South Korea Inflation Data Due On Monday
(RTTNews) - South Korea will on Monday release February figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
Inflation is expected to rise 0.5 percent on month and 5.1 percent on year, slowing from 0.8 percent on month and 5.2 percent on year in January.
Australia will see February results for the inflation gauge from the Melbourne Institute; in January, inflation was up 0.9 percent on month.
Finally, the markets in Thailand are closed on Monday for Magha Puja and will re-open on Tuesday.
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European stocks were mostly higher on Thursday as Nvidia's positive results helped ease AI slowdown fears. U.K. markets underperformed as banks and utilities declined.
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European Economic News Preview: Eurozone Economic Sentiment Data Due
Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
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