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New Zealand Retail Sales Data Due On Friday
(RTTNews) - New Zealand will on Friday release Q1 numbers for retail sales, highlighting a modest day for Asia-Pacific economic activity. Sales are expected to be flat on quarter after rising 0.9 percent in the three months prior.
Japan will provide April figures for national consumer prices; in March, overall inflation was up 0.3 percent on month and 3.6 percent on year, while core CPI rose an annual 3.2 percent.
Singapore will see April numbers for consumer prices; in March, overall inflation was down 0.1 percent on month and up 0.9 percent on year, while core CPI rose an annual 0.5 percent.
Taiwan will release April data for industrial production; in March, production was up 13.65 percent on year.
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Asian Shares Mostly Higher Despite Weak Wall Street Cues
Asian stocks rose broadly on Wednesday as Fed rate cut hopes prevailed and U.S. President Donald Trump said the United States was close to a trade deal with China.
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17 minuter sedan
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.
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28 minuter sedan
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.
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33 minuter sedan
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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36 minuter sedan
German Factory Orders Log Unexpected Fall
Germany's factory orders declined unexpectedly in June on a notable fall in demand from non-EU countries, figures from Destatis revealed on Wednesday. New orders fell 1.0 percent month-on-month in June, confounding expectations for an increase of 1.0 percent. The fall was also sharper than the 0.8 percent decrease posted in May. When large-scale orders are excluded, new orders were 0.5 percent.
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48 minuter sedan
European Shares Seen Higher At Open
European stocks are seen opening broadly higher on Wednesday despite tariff worries, mixed earnings and signs of a weakening U.S. economy.
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3h 7minuter sedan
Sensex, Nifty Little Changed In Early Trade
Indian shares were little changed in cautious trade on Wednesday after U.S. President Donald Trump threatened to raise tariffs on Indian goods "very substantially" within 24 hours, citing India's continued purchases of Russian oil.
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4h 17minuter sedan
European Economic News Preview: Germany Factory Orders Data Due
Factory orders and construction purchasing managers' survey data from Germany and retail sales from the euro area are the top economic news due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for June. Orders are forecast to grow 1.0 percent month-on-month, in contrast to the 1.4 percent fall in May.
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4h 32minuter sedan
