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New Zealand Terms Of Trade Data Due On Friday
(RTTNews) - New Zealand will on Friday release Q2 figures for import prices, export prices and terms of trade, headlining a light day for Asia-Pacific economic activity.
Import prices are expected to rise 2.5 percent on quarter, down from 7.2 percent in Q1. Export prices are tipped to add 0.8 percent on quarter, slowing from 7.8 percent in the previous three months. The terms of trade are seen lower by 1.3 percent on quarter after adding 0.5 percent in the three months prior.
South Korea will provide August numbers for consumer prices, with forecasts suggesting an increase of 0.3 percent on month and 6.1 percent on year - slowing from 0.5 percent on month and 6.3 percent on year in July.
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Bank Of England Cuts Rate In Tight Vote
The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.
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42 minuter sedan
Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street
Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.
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1h 25minuter sedan
U.S. Labor Productivity Surges 2.4% In Second Quarter
Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.
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1h 32minuter sedan
U.S. Weekly Jobless Claims Rise More Than Expected
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.
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1h 38minuter sedan
Pound Jumps After BoE Rate Decision
The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
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2h 6minuter sedan
CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%
French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.
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2h 8minuter sedan
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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2h 24minuter sedan
Euro Rises Amid Trump's Tariff Implementations
The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
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2h 41minuter sedan
