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Australia Inflation Slows In Q1
Australia's consumer price inflation slowed in the first quarter, easing pressure on the central bank to lift its interest rate next week. Consumer prices increased 7.0 percent from the last year, slower than the 7.8 percent rise in the preceding quarter, the Australian Bureau of Statistics reported Wednesday.
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vor 684 Tagen
European Economic News Preview: German GfK Consumer Confidence Due
Consumer confidence from Germany and France are the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer confidence survey results for May. The confidence index is forecast to improve to -27.9 from -29.5 in April.
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vor 684 Tagen
European Shares Set To Follow Wall Street Lower
European stocks are seen opening lower on Wednesday after U.S. stocks recorded their worst single-day losses in a month overnight on fears of an impending recession and lingering worries about the health of the banking sector.
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vor 684 Tagen
Commodity Currencies Depreciate Amid Risk Aversion
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars came under pressure in the Asian session on Wednesday, as Asian shares traded lower amid renewed concerns about turmoil in the banking sector after First Republic reported a loss of more than $100 billion in deposits in the first quarter. Disappointing results from several other U.S. companies also hurt sentiment.
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vor 684 Tagen
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
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vor 684 Tagen
NZ Dollar Slides Against Most Majors
The New Zealand weakened against most major currencies in the Asian session on Wednesday.
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vor 684 Tagen
Sensex, Nifty Drift Lower On Weak Global Cues
Indian shares opened a tad lower on Wednesday after Wall Street's major averages fell the most in a month overnight on the back of soft economic data and disappointing earnings updates from the likes of First Republic and UPS.
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vor 684 Tagen
more news
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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vor 684 Tagen
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Wednesday, following the negative cues from Wall Street overnight and reflecting renewed concerns about turmoil in the banking sector after First Republic reported a loss of more than $100 billion in deposits in the first quarter. Disappointing results from several other US companies also hurt sentiment. Asian markets closed mostly lower on Tuesday.
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vor 684 Tagen
Sensex, Nifty Seen Lower On Wall Street Selloff
Indian shares look set to open lower on Wednesday after Wall Street's major averages suffered their deepest declines so far this month overnight.
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vor 684 Tagen
Japanese Market Notably Lower
The Japanese stock market is notably lower on Wednesday, giving up some of the gains in the previous two sessions, with the Nikkei 225 falling below the 28,500 level, following the broadly negative cues from Wall Street overnight, dragged by losses in financial stocks amid renewed concerns about turmoil in the banking sector.
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vor 684 Tagen
Oversold Thai Bourse Called To Open Lower On Wednesday
The Thai stock market has finished lower in six straight sessions, slumping almost 60 points or 4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,540-point plateau and it's tipped to open under pressure again on Wednesday.
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vor 684 Tagen
Australian Market Notably Lower
The Australian stock market is notably lower on Wednesday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling below the 7,300 mark, following the broadly negative cues from Wall Street overnight, dragged by iron ore miners amid a fall in iron ore prices.
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vor 684 Tagen
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