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Japan GDP Data Due On Monday
(RTTNews) - Japan will on Monday release preliminary Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the three months prior, GDP was up 0.5 percent on quarter and 2.2 percent on year.
Singapore will provide October figures for non-oil domestic exports; in September, NODX were up 13.0 percent on month and 6.9 percent on year for a trade surplus of SGD5.948 billion.
Thailand will see Q3 numbers for gross domestic product; in the previous quarter, GDP was up 0.6 percent on quarter and 2.8 percent on year.
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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.
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1h 9minuter sedan
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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1h 27minuter sedan
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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2h 3minuter sedan
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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3h 21minuter sedan
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Wednesday.
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3h 21minuter sedan
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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3h 44minuter sedan
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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4h 9minuter sedan
UK Inflation Eases To 3.6%; Raises Rate Cut Hopes
UK consumer price inflation eased in October, ahead of the Autumn budget announcement, official data revealed Wednesday. The moderation has eased pressure on households and raised hopes of interest rate cut in December. The consumer price index logged an annual growth of 3.6 percent in October, slower than the 3.8 percent rise in September.
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4h 18minuter sedan
