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New Zealand Inflation Data Due On Wednesday
(RTTNews) - New Zealand will on Wednesday release Q2 numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity.
Overall inflation is expected to rise 1.0 percent on quarter and 5.9 percent on year, moderating from the 1,2 percent quarterly increase and the 6.7 percent yearly gain in the previous three months.
Australia will see June results for the leading index from the Melbourne Institute; in May, the index was flat on a monthly basis.
Finally, the markets in Malaysia and Indonesia are closed on Wednesday for the Islamic New Year and will re-open on Thursday.
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CAC Up Slightly; Pernod Ricard Rises On Earnings
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Asian stocks ended mostly higher on Thursday as Nvidia's strong results quelled worries over weakening AI demand.
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The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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