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Japan Industrial Production Data Due On Monday
(RTTNews) - Japan will on Monday see final August numbers for industrial production, highlighting a light day for Asia-Pacific economic activity. Output is called flat on month after sinking 1.8 percent in July.
New Zealand will see September results for the Performance of Services Index from BusinessNZ; in August, the index score was 47.1.
Indonesia will provide September figures for imports, exports and trade balance. In August, imports were down 14.77 percent on year and exports stumbled an annual 21.21 percent for a trade surplus of $3.12 billion.
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Dollar Extends Losses Amidst Powell's Dovish Surprise
A markedly dovish tone in Fed Chair Jerome Powell's speech at the Jackson Hole symposium on Friday weakened the Dollar, resulting in further losses for the currency during the week ended August 22.
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52 dakika önce
German Ifo Business Confidence Strongest Since 2024
German business sentiment hit the highest level in more than two years in August on expectations that the fiscal stimulus would help to kickstart the economic recovery. The business climate index rose to 89.0 in August from 88.6 in the previous month. This was the highest score since April 2024 and also came in above economists' forecast of 88.6. The German economy's recovery remains weak.
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54 dakika önce
CAC 40 Down Nearly 0.6% In Cautious Trade
French stocks remain in negative territory on Monday, with investors mostly making cautious moves, looking for some more clarity on U.S. - EU trade deal, and awaiting crucial inflation data from the region.
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1s 29 dakika önce
DAX Modestly Lower As Investors Wait For Directional Clues
The German market is languishing in negative territory after a weak start on Monday as investors remain a bit reluctant to pick up stocks, choosing to wait for crucial inflation data from several major countries in Europe.
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2s 2 dakika önce
Sensex, Nifty End Higher As IT Stocks Surge On Dovish Fed Boost
Indian shares ended modestly higher on Monday, with IT stocks leading the surge following dovish remarks from U.S. Federal Reserve Chair Jerome Powell.
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2s 19 dakika önce
Antipodean Currencies Traded Higher Amid Risk-on Mood
The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.
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2s 45 dakika önce
European Shares Inch Lower As Focus Shifts To Inflation Readings
European stocks drifted lower on Monday ahead of key inflation releases from Germany, France, Italy, and Spain due later in the week.
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3s 44 dakika önce
Asian Shares Rise As Powell Signals Rate Cuts
Asian stocks rose broadly on Monday as Federal Reserve Chair Jerome Powell's dovish signals at the Jackson Hole symposium opened the door to an interest rate cut next month.
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4s 5 dakika önce
