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RBA Minutes On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on November 4, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the RBA held its cash rate at 3.60 percent, as widely expected. The bank had reduced the rate by 25 basis points each in August, May and February. The current 3.60 percent is the lowest since March 2023 as board members observed that some inflationary pressure may remain in the economy.
Hong Kong will see October figures for unemployment; in September, the jobless rate was 3.9 percent.
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TSX Moderately Higher; Technology, Materials Stocks Shine
The Switzerland market is up firmly in positive territory Wednesday afternoon, lifted by strong gains in technology and materials sectors.
After recent losses, investors are picking up stocks, expecting the market to stabilise a bit around current levels.
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1h 14phút trước
Swiss Market Ends On Firm Note
The Switzerland market closed on a positive note on Wednesday, staying firm right through the day's trading session.
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1h 44phút trước
Major European Markets Closed Slightly Weak
The major European markets closed on a negative note on Wednesday, although the downside was just marginal, as stocks found some support at lower levels after having suffered notable losses in recent sessions amid concerns about AI bubble and uncertainty surrounding Fed interest rate moves, and release of some crucial U.S. economic data.
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2h 6phút trước
U.S. Trade Deficit Narrows In August As Imports Plunge
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports. The Commerce Department said the trade deficit shrank to $59.6 billion in August from a revised $78.2 billion in July. Economists had expected the trade deficit to decrease to $61.0 billion.
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5h 11phút trước
U.S. Trade Deficit Narrows Slightly More Than Expected In August
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports.
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6h 38phút trước
Canadian Market May Open With Slightly Positive Bias
Canadian stocks may open with a positive bias Wednesday morning with firm metal prices triggering some buying in the materials sectors. Weak oil prices may weigh on energy stocks and limit market's upside.
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6h 57phút trước
Iceland Unexpectedly Cuts Policy Rate By 25 Bps
Iceland's central bank lowered its key interest rate unexpectedly as the economy is expected to recover more slowly than previously anticipated due to worsening prospects for exports. The Monetary Policy Committee of the Central Bank of Iceland, led by Governor Ásgeir Jónsson, unanimously decided to cut the rate on seven-day term deposits to 7.25 percent from 7.50 percent.
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7h 33phút trước
UK Stocks Turning In Mixed Performance; Mining Stocks Move Up
U.K. stocks are turning in a mixed performance Wednesday morning with investors reacting to earnings updates and other corporate news, in addition to digesting the data showing a slower than expected increase in the nation's consumer price inflation in the month of October.
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8h 50phút trước
