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Malaysia Rate Decision Due On Wednesday
(RTTNews) - The central bank in Malaysia will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The bank is widely expected to keep its benchmark lending rate unchanged at 3.00 percent.
Malaysia also will see December figures for consumer prices; in November, inflation was down 0.1 percent on month and up 1.8 percent on year.
Taiwan will release December data for unemployment; in November, the jobless rate was 3.41 percent.
New Zealand will provide Q4 numbers for consumer prices, with forecasts suggesting an increase of 0.5 percent on quarter and 2.1 percent on year - easing from 0.6 percent on quarter and 2.2 percent on year in Q3.
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U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected
Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories crept up by 0.1 percent in July after rising by an upwardly revised 0.2 percent in June.
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1s 10 dakika önce
U.S. Producer Prices Unexpectedly Edge Slightly Lower In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by U.S. producer prices in month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after climbing by a downwardly revised 0.7 percent in July.
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1s 32 dakika önce
U.S. Producer Prices Unexpectedly Edge Down 0.1% In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by producer prices in the U.S. in the month of August.
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2s 51 dakika önce
Bay Street Seen Opening Higher
Canadian stocks are likely to open higher on Wednesday, tracking firm oil and metal prices. The mood may change a bit cautious at higher levels with investors looking ahead to the crucial U.S. inflation data, due later in the week.
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3s 0 dakika önce
Major European Markets In Positive Territory In Cautious Trade
The major European markets are up in positive territory on Wednesday with investors picking up stocks amid continued optimism about a sharp rate cut by the Federal Reserve following recent weak labor market data. Easing concerns on the trade front also contribute to the positive sentiment in the markets.
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3s 34 dakika önce
Sensex, Nifty Close On Firm Note Again
Indian stocks closed on a positive note on Wednesday, extending previous session's gains, amid expectations of further reduction in GST rates, and hopes of a larger than expected interest rate cut by the Federal Reserve.
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4s 23 dakika önce
FTSE 100 Remains Steady ; ABF Tanks On Sales Warning
The U.K. market is modestly higher in late morning trades on Wednesday, with select frontline stocks finding good support. Movements are a bit lackluster with investors awaiting U.S. inflation data due later in the week.
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4s 50 dakika önce
CAC 40 Modestly Higher On Fed Rate Cut Hopes, Easing Political Concerns
After opening modestly higher and moving up further, France's CAC 40 gave up some gains subsequently Wednesday morning, but remains in positive territory.
The undertone is fairly steady following the appointment of Sébastien Lecornu as France's new Prime Minister.
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5s 13 dakika önce
