Singapore Inflation Data Due On Wednesday
(RTTNews) - Singapore will on Wednesday release consumer price data for September, highlighting a light day for Asia-Pacific economic activity.
Overall inflation is expected to rise 0.5 percent on month and 1.9 percent on year, easing from 0.7 percent on month and 2.2 percent on year in August. Core CPI is called steady at an annual 2.7 percent.
Taiwan will see September figures for industrial production; in August, industrial production was up 13.42 percent on year.
Finally, the markets in Thailand are closed on Wednesday for Chulalongkorn Day and will re-open on Thursday.
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Rebound Tipped For South Korea Stock Market
The South Korea stock market on Tuesday ended the two-day winning streak in which it had advanced more than 50 points or 2 percent. The KOSPI now sits just above the 2,520-point plateau although it's expected to see renewed support on Wednesday.
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Před 5 h 28 min
New Zealand Interest Rate Decision Due On Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.
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Před 5 h 57 min
TSX Edges Down Marginally
The Canadian market ended down on Tuesday as trade war fears resurfaced after U.S. President-elect Donald Trump threatened that he will impose 25% tariffs on imports from Canada, Mexico and China.
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Dollar Rises After Trump Tariff Threats, But Pares Gains Against Some Major Counterparts
After a mild setback during the fag end of the European session, the U.S. dollar edged higher in the New York session on Tuesday with investors assessing the impact of President-elect Donald Trump's pledge to impose tariffs on all imports from Mexico, Canada and China.
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Před 6 h 48 min
Fed Officials Favor Gradual Interest Rate Cuts, Minutes Show
Federal Reserve officials believe it will be appropriate to "gradually" lower interest rates, according to the minutes of the central bank's latest monetary policy meeting. The minutes said officials feel a gradual approach to lowering rates to a more neutral stance will be appropriate if economic data come in "about as expected."
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Před 9 h 4 min
Japanese Yen Advances Amid Concerns About Trump's Tariff Threats
The Japanese yen strengthened against other major currencies in the New York session on Tuesday, as U.S. President-elect Donald Trump pledged to impose tariffs on all imports from Mexico, Canada and China on his first day in office, raising fears of a renewed trade war.
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Před 9 h 32 min
Swiss Market Ends On Weak Note
After early weakness, the Switzerland market briefly moved above the flat line around mid afternoon on Tuesday, but retreated soon and finally ended the day's session with a moderate loss.
The mood was a bit bearish after U.S. President-elect Donald Trump stated on social media that he would impose tariffs on all imports from Mexico, Canada and Chin
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Před 10 h 9 min
European Stocks Close Lower As Trade War Fears Resurface
European stocks closed weak on Tuesday as trade war fears resurfaced after U.S. President-elect Donald Trump pledged to impose tariffs on all imports from Mexico, Canada and China immediately after taking office in January 2025.
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Před 10 h 33 min
