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Japan Producer Price Data Due On Monday
(RTTNews) - Japan will on Monday release February figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to rise 1.5 percent on year, easing from 1.6 percent in the previous month.
China will see February numbers for industrial profits; in January, profits were up 0.8 percent on year.
Hong Kong will provide February figures for imports, exports and trade balance. In January, imports were down 30.2 percent on year and exports slumped an annual 36.7 percent for a trade deficit of HKD25.4 billion.
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U.S. Trade Deficit Narrows In August As Imports Plunge
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports. The Commerce Department said the trade deficit shrank to $59.6 billion in August from a revised $78.2 billion in July. Economists had expected the trade deficit to decrease to $61.0 billion.
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Pred 3 h 21 min
U.S. Trade Deficit Narrows Slightly More Than Expected In August
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports.
RTTNews
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Pred 4 h 48 min
Canadian Market May Open With Slightly Positive Bias
Canadian stocks may open with a positive bias Wednesday morning with firm metal prices triggering some buying in the materials sectors. Weak oil prices may weigh on energy stocks and limit market's upside.
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Pred 5 h 7 min
Iceland Unexpectedly Cuts Policy Rate By 25 Bps
Iceland's central bank lowered its key interest rate unexpectedly as the economy is expected to recover more slowly than previously anticipated due to worsening prospects for exports. The Monetary Policy Committee of the Central Bank of Iceland, led by Governor Ásgeir Jónsson, unanimously decided to cut the rate on seven-day term deposits to 7.25 percent from 7.50 percent.
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Pred 5 h 43 min
UK Stocks Turning In Mixed Performance; Mining Stocks Move Up
U.K. stocks are turning in a mixed performance Wednesday morning with investors reacting to earnings updates and other corporate news, in addition to digesting the data showing a slower than expected increase in the nation's consumer price inflation in the month of October.
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Pred 7 h 0 min
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Wednesday.
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Pred 7 h 1 min
CAC Down Slightly In Cautious Trade As Investors Look For Direction
The French market is down in negative territory around noon on Wednesday with investors looking ahead to U.S. AI major Nvidia, and some crucial U.S. economic data for directional clues.
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Pred 7 h 23 min
DAX Up Marginally; Daimler Truck Holding Rises 3.5%
German stocks are somewhat subdued on Wednesday as investors remain a bit cautious, awaiting AI major Nvidia's earnings update, and the minutes from the Federal Reserve's most recent monetary policy meeting, as well some U.S. economic data, including last month's jobs report.
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Pred 7 h 48 min
