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New Zealand Inflation Data Due On Monday
(RTTNews) - New Zealand will on Monday release Q2 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
Inflation is expected to rise 0.6 percent on quarter and 2.8 percent on year after adding 0.9 percent on quarter and 2.5 percent on year in the previous three months.
Hong Kong will provide June numbers for consumer prices; in May, inflation was down 0.3 percent on month and up 1.9 percent on year.
Finally, the markets in Japan are closed on Monday for Marine Day and will re-open on Tuesday.
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DAX Up Nearly 1% As Stocks Extend Gains On Trade Deal Optimism
German stocks are notably higher on Thursday, extending gains from the previous session, thanks to rising optimism about trade following reports the US and EU are heading towards a deal that will see implementation of 15% tariffs on select European imports, as well as scrapping of some duties.
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European Shares Extend Gains Before ECB Rate Decision
European shares traded higher on Thursday to hit a six-week high as investors digested a slew of earnings and awaited the European Central Bank's interest-rate decision later in the day.
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Asian Shares Follow Wall Street Higher On Trade Deal Optimism
Asian stocks advanced on Thursday as companies like Alphabet and SK Hynix posted encouraging earnings and media reports suggested that the EU and U.S. are closing in on a trade deal that would impose 15 percent tariffs on European imports.
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Antipodean Currencies Rise As Trade Optimism Prevails
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the European session on Thursday, after reports emerged that the U.S. and EU are edging closer to a trade deal.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the European session on Thursday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the European session on Thursday.
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European Shares Seen Up As Trade Optimism Prevails
European stocks may open on a positive note Thursday after reports emerged that the U.S. and EU are edging closer to a trade deal.
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Sensex, Nifty Slip Into Red On India-US Trade Deal Uncertainty
Indian shares were slightly lower in early trade on Thursday despite firm cues from global markets.
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