Indonesia Rate Decision Due On Thursday
(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The central bank's benchmark lending rate currently sits at 5.25 percent.
Thailand will release November numbers for imports, exports and trade balance. In October, imports were down 0.3 percent on year and exports fell an annual 5.2 percent for a trade deficit of $150 million.
Taiwan will see unemployment data for November; in October, the jobless rate was 3.64 percent.
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Asian Shares Pare Early Gains As China Retaliates With Tariffs On US Goods
Asian stocks gave up some early gains but still ended higher on Tuesday as China slapped tariffs on U.S. imports in a rapid response to a 10 percent trade duty imposed by the Trump administration on Chinese goods, which took effect from 00:00 ET today.
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Commodity Currencies Advance After Trump's Tariff Delay
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as traders reacted positively to U.S. President Donald Trump's latest decision to delay imposing the planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the U.S. Fed to keep interest rates on hold for longer.
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Canadian Dollar Advances Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Tuesday.
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7h 15min ago
European Shares Seen Opening Up After Trump's Tariff Delay
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8h 11min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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8h 17min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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8h 24min ago
Sensex, Nifty Open Higher As Tariff Worries Ease
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9h 8min ago
Asian Markets A Sea Of Green
Asian stock markets a sea of green on Tuesday, despite the negative cues from Wall Street overnight, as traders react positively to US President Donald Trump's latest decision to delay imposing planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the US Fed to keep interest rates on hold for longer.
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10h 27min ago
