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Japan Inflation Climbs 2.4% On Year In June
Overall consumer prices in Japan were up 2.4 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday.
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Malaysia Stock Market May Extend Winning Streak On Friday
The Malaysia stock market has moved higher in consecutive trading days, gathering more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau and it may add to its winnings on Friday.
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Australia Manufacturing PMI Slows In July - S&P Global
The manufacturing sector in Australia continued to expand in July, albeit at a lower pace, the latest survey from S&P Global said on Friday with a manufacturing PMI score of 55.7.
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Additional Support Anticipated For South Korea Shares
The South Korea stock market has climbed higher in back-to-back sessions, improving almost 40 points or 1.8 percent along the way. The KOSPI now rests just beneath the 2,410-point plateau and it's poised to extend its gains on Friday.
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Japan Inflation Data Due On Friday
Japan will on Friday release June figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In May, overall inflation was up 0.2 percent on month and 2.5 percent on year, while core CPI rose an annual 2.1 percent.
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TSX Ends Higher For 5th Straight Day
Despite moving along the flat line for much of the day's session, the Canadian market ended modestly higher on Thursday thanks to strong gains in technology and industrials sections.
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South Korea Producer Prices Jump 0.5% On Month In June
Producer prices in South Korea were up 0.5 percent on month in June, the Bank of Korea said on Friday - easing from 0.7 percent in Ma7.
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more news
Dollar Loses Ground Against Major Rivals
The U.S. dollar shed ground against some of its major counterparts on Thursday after the European Central Bank announced a bigger than expected 0.5% hike in interest rates to combat inflation.
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Canadian Shares Turning In Mixed Performance
Canadian shares are turning in a mixed performance on Thursday with investors largely staying cautious and making stock specific moves.
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Swiss Market Ends On Firm Note After Choppy Ride
The Switzerland stock market ended on a firm note on Thursday after a choppy session, with investors largely making cautious moves amid persisting concerns about inflation and rising interest rates.
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European Stocks Closed Mixed After ECB Hikes Rate By 50 Bps
European stocks turned in a mixed performance on Thursday with investors staying largely cautious, reacting to the European Central Bank's first rate hike in 11 years, and amid persisting concerns about slowing growth and rising inflation.
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ECB Delivers Bigger Than Expected 50 Bps Hike, Unveils Crisis Tool
The European Central Bank raised its interest rates for the first time in over a decade on Thursday, by a bigger-than-expected 50 basis points, and unveiled an anti-fragmentation tool called the Transmission Protection Instrument, or TPI.
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U.S. Leading Economic Index Slumps More Than Expected In June
Suggesting U.S. economic growth is likely to slow further in the near-term, the Conference Board released a report on Thursday showing its index of leading economic indicators decreased for the fourth straight month in June.
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