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Malaysia Trade Data On Tap For Wednesday
(RTTNews) - Malaysia will on Wednesday release March figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
Imports are expected to rise 1.7 percent on year, slowing from 12.4 percent in February. Exports are called lower by an annual 3.5 percent after climbing 9.8 percent in the previous month. The trade surplus is pegged at MYR19.80 billion, up from MYR19.80 billion a month earlier.
Japan will see final February numbers for industrial production, with no revision expected from the preliminary report that suggested an increase of 4.5 percent on month.
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Pound Slides After UK Starmer's Reshuffle
The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline.
In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
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13 dakika önce
Eurozone Inflation Rises Slightly To 2.1%
Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.
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22 dakika önce
European Shares Slide As Inflation Accelerates
European stocks traded lower on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
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50 dakika önce
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
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58 dakika önce
FTSE Edges Lower As Yields Jump On Debt Concerns
U.K. stocks traded lower on Tuesday as the 30-year gilt yield hit a 27-year high at 5.680 percent in early trading on rising debt concerns, in a pre-budget blow for chancellor Rachel Reeves.
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1s 9 dakika önce
CAC 40 Marginally Higher With French Politics In Focus
French stocks were marginally higher on Tuesday ahead of a crucial confidence vote in parliament next Monday.
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1s 22 dakika önce
DAX Drifts Lower Ahead Of Key Inflation Data
German stocks fell sharply on Tuesday while the euro pulled back from recent highs ahead of Eurozone inflation data due later in the day.
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1s 36 dakika önce
Yen Slides Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies in the European session on Tuesday, due to the uncertainties surrounding the probable timing of the Bank of Japan's (BoJ) next interest rate hike.
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1s 48 dakika önce
