Australia Home Loan Data Due On Friday
(RTTNews) - Australia will on Friday release August figures for new home loans, highlighting a light day for Asia-Pacific economic activity. In July, overall home loans were up 2.9 percent on month, while investment lending climbed 5.4 percent.
Singapore will see August numbers for retail sales; in July, sales were up 3.1 percent on month and 1.0 percent on year.
Finally, the markets in China remain closed for the National Day holiday; they return to action on Tuesday.
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Eurozone Inflation Accelerates To 2.3%
Euro area inflation climbed for a second straight month in November, while the core figure was unchanged, making way for a cautious interest rate cut by the European Central Bank next month.
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5j 36min yang lalu
Pound Weakens Despite BoE's Slower Rate Cut Prospects
The pound was lower against its major counterparts in the New York session on Friday, as the U.S. dollar rebounded after the Thanksgiving holiday.
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5j 36min yang lalu
UK Mortgage Approvals At More Than 2 Year High
UK mortgage approvals increased to the highest level in more than two years in October as falling interest rates boosted housing market activity but consumers became more cautious about borrowing and saving ahead of the Autumn Budget. Mortgage approvals for house purchases, an indicator of future borrowing, increased to 68,303 in October from 66,115 in the prior month, the Bank of England report
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8j 20min yang lalu
Bay Street May Open Higher On Firm Metal Prices; GDP Data In Focus
Canadian shares may open higher on Friday with materials stocks set to ride on strong gold and silver prices. Data on Canadian GDP data for the third quarter is due out at 8:30 AM ET.
As the U.S. market will close early today, volume of business on Bay Street will be thin for a second straight day.
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8j 54min yang lalu
German Unemployment Rises Less Than Forecast
German unemployment increased less than expected in November despite companies reporting job cuts, figures from the Federal Employment Agency revealed Friday. The jobless rate came in at 6.1 percent, the same as in September and October. Also, the rate matched expectations. The number of people out of work increased only 7,000 after rising 26,000 in the previous month.
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9j 23min yang lalu
French GDP Growth Accelerates; Inflation Rises Marginally
The French economic growth accelerated as estimated in the third quarter on the Paris Olympic and Paralympic Games and inflation rose only marginally in November, official data revealed on Friday. Gross domestic product logged a quarterly growth of 0.4 percent in the third quarter, which was unchanged from the previous estimate, the statistical office INSEE reported. This follows a 0.2 percent ri
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10j 46min yang lalu
Sensex, Nifty Rebound Sharply; Airtel And Pharma Stocks Top Gainers
Indian shares rebounded on Friday, after having seen steep declines the previous day on account of F&O expiry.
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10j 51min yang lalu
European Shares Muted Ahead Of Key Inflation Reading
European stocks slipped into the red on Friday ahead of the release of flash euro zone inflation data for November, due later in the day.
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11j 53min yang lalu
