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Australia Leading Index Data Due On Wednesday
(RTTNews) - Australia will on Wednesday see February results for the leading economic index from the Melbourne Institute, highlighting a light day for Asia-Pacific economic activity. In January, the index slipped 0.1 percent on month.
New Zealand will see March results for the business confidence index from ANZ Bank and the business activity index from NBNZ; in February, their scores were 34.7 and 29.5, respectively.
China will see February figures for industrial profits; in January, profits were down 2.3 percent year to date.
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Pound Slides Amid UK Fiscal Concerns
The British pound weakened against other major currencies in the European session on Wednesday, as investors expect that UK Chancellor of the Exchequer Rachel Reeves will have to make tough decisions over where to raise taxes and reduce spending in the approaching Autumn Budget.
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23 minuter sedan
CAC 40 Flat In Cautious Trade Ahead Of Fed Rate Decision
French stocks are mostly subdued Wednesday morning with investors largely refraining from making significant moves while awaiting the Federal Reserve's monetary policy announcement later in the day, and looking ahead to the European Central Bank's rate decision and the meeting of U.S. President Donald Trump and his Chinese counterpart Xi Jinping on Thursday.
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44 minuter sedan
Sensex, Nifty End Higher Ahead Of Fed Decision
Indian shares eked out modest gains on Wednesday ahead of a Federal Reserve interest-rate cut expected later in the day.
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1h 23minuter sedan
DAX Moves In Tight Range; Earnings, Fed Policy Announcement In Focus
German stocks are turning in a mixed performance on Wednesday with investors mostly reacting to corporate earnings announcements and awaiting the Federal Reserve's interest rate decision due later in the day. The European Central Bank is scheduled to announce its monetary policy on Thursday.
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1h 44minuter sedan
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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2h 5minuter sedan
European Shares Mixed Ahead Of Fed Verdict
European shares were mixed on Wednesday as investors digested a slew of earnings and looked ahead to the Federal Reserve's interest-rate decision later in the day, with a 25-bps cut fully priced in.
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2h 41minuter sedan
Asian Shares Rise Ahead Of Fed Decision
Asian stocks rose broadly on Wednesday, with benchmark indexes in Japan and South Korea reaching new record highs, ahead of a Federal Reserve interest-rate cut expected later in the day.
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3h 3minuter sedan
Aussie Rises As Robust Inflation Data Spurs RBA Rate Cut Pause
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as traders' bet on rate cut pause by the Reserve Bank of Australia (RBA), following the release of robust Australia's Consumer Price Index (CPI) data.
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3h 8minuter sedan
