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Japan Leading Index Data Due On Monday
(RTTNews) - Japan will on Monday see preliminary February results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity. In January, the leading index was up 0.4 percent on month, while the coincident was up 0.1 percent.
New Zealand will release March figures for job advertisement data from ANZ; in February, job ads were down 1.4 percent on month.
Finally, the markets in Indonesia (Eid-ul-Fitr) and Thailand (Chakri Day) are closed on Monday and will re-open on Tuesday.
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DAX Remains Deep Down In Negative Territory After Sharp Plunge
A day after snapping a four-session losing streak, German stocks are down in the red again, with investors pressing sales on Wednesday, reacting to the rollout of sweeping U.S. tariffs, that include a 20% levy on EU imports.
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European Shares Slump As Trade Worries Escalate
European shares traded sharply lower on Wednesday as U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders."
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Asian stocks resumed losses on Wednesday as U.S. President Donald Trump pressed ahead with sweeping new global tariffs, including over 100 percent in levies against Chinese goods.
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Indian Rupee Falls To 3-week Low As RBI Cuts Repo Rate By 25 Bps
The Indian rupee weakened against the U.S. dollar in the European session on Wednesday, after the Reserve Bank of India reduced its key policy rates for the second straight meeting and also changed its monetary policy stance to accommodative.
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1h 39min ago
Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets
The safe-haven yen strengthened against other major currencies in the Asian session on Wednesday amid increased risk-off mood by the investors, as the latest set of U.S. tariffs, including a massive 104 percent levy on Chinese imports, take effect today, leaving investors worried about the impact on inflation, interest rates and global growth. Additionally, the traders expect the Bank of Japan to raise its interest rate in 2025.
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1h 58min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.
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2h 12min ago
Commodity Currencies Slide Amid Risk-off Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday, as Asian stock markets traded lower with steep losses in Japan, Singapore and Taiwan as traders remain concerned about rising tensions between the U.S. and China amid the new reciprocal tariffs on imports into the U.S. The steeper-than-expected tariffs ignited fears over an economic recession globally.
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2h 29min ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
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3h 8min ago
