Malaysia GDP Data Due On Monday
(RTTNews) - Malaysia will on Monday release preliminary Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the previous three months, GDP was up 5.9 percent on year.
Taiwan will provide September figures for export orders; in August, orders were up 9.1 percent on year.
New Zealand will see September numbers for credit card spending; in August, spending was down an annual 3.1 percent.
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Asian Shares Mixed As Tariff Concerns Persist
Asian stocks turned in a mixed performance on Wednesday as official data showed China's industrial profits fell again in October but less sharply than in September.
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5h 2min ago
U.S. Dollar Falls On Donald Trump's Tariff Plan
The U.S. dollar weakened against other major currencies in the European session on Wednesday, as investors ponder over U.S. president-elect Donald Trump's tariff plans and await the Fed's preferred readings on consumer price inflation later in the day for additional clues on the Fed's rate trajectory.
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5h 17min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
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5h 39min ago
NZ Dollar Rises After RBNZ's Expected 50 Bps Rate Cut
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday, as the Reserve Bank of New Zealand (RBNZ) announced its policy decision.
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5h 59min ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
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7h 20min ago
European Economic News Preview: German Consumer Confidence Data Due
Consumer confidence survey results from Germany and France are the major reports due on Wednesday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE is scheduled to release consumer sentiment survey results.
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7h 56min ago
European Shares Set To Open Broadly Lower Amid Trump Tariff Worries
European stocks are seen opening broadly lower on Wednesday as investors ponder over Donald Trump's tariff plans and await the Fed's preferred readings on consumer price inflation later in the day for additional clues on the Fed's rate trajectory.
RTTNews
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8h 12min ago
New Zealand Slashes Key Interest Rate By 50 Bps
The Reserve Bank of New Zealand reduced its benchmark interest rate by 50 basis points on Wednesday, as inflation moved close to the midpoint of the target range and economic output remains below its potential. The Monetary Policy Committee governed by Adrian Orr decided to reduce the Official Cash Rate to 4.25 percent from 4.75 percent.
RTTNews
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8h 12min ago
