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Australia Wage Price Data Due On Wednesday

Australia will on Wednesday release Q3 figures for its wage price index, highlighting a light day for Asia-Pacific economic activity. Wages are expected to have risen 0.9 percent on quarter and 3.0 percent on year after adding 0.7 percent on quarter and 2.6 percent on year in Q2.
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Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

The Switzerland stock market ended modestly higher on Tuesday despite struggling for direction earlier in the session.
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European Stocks Close Higher Again

European Stocks Close Higher Again

European stocks closed broadly higher on Tuesday, extending recent gains, amid continued optimism the Federal Reserve will be less aggressive with regard to interest rate hikes.
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New York Manufacturing Index Shows Notable Rebound In November

New York Manufacturing Index Shows Notable Rebound In November

New York manufacturing activity has seen a notable rebound in the month of November, the Federal Reserve Bank of New York revealed in a report released on Tuesday. The New York Fed said its general business conditions index surged to a positive 4.5 in November from a negative 9.1 in October, with a positive reading indicating growth in regional manufacturing activity.
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U.S. Producer Prices Inch Up 0.2% In October, Much Less Than Expected

U.S. Producer Prices Inch Up 0.2% In October, Much Less Than Expected

Producer prices in the U.S. crept up by much less than expected in the month of October, according to a report released by the Labor Department on Tuesday. The Labor Department said its producer price index for final demand inched up by 0.2 percent in October, matching a revised uptick in September.
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Walmart Slips To Loss In Q3, But Results Top Estimates

Walmart Slips To Loss In Q3, But Results Top Estimates

Retail giant Walmart reported Tuesday a loss for the third quarter compared to a profit last year, despite strong revenue growth, hurt by hefty $3.3 billion charges related to opioid legal settlements. However, adjusted earnings per share and quarterly revenues topped analysts' expectations. The retailer also raised its adjusted earnings guidance for the full-year 2022.
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U.S. Dollar Falls As Brainard Hints At Fed Pivot

U.S. Dollar Falls As Brainard Hints At Fed Pivot

The U.S. dollar depreciated against its major opponents in the European session on Tuesday, as comments from Fed Vice Chair Lael Brainard supported expectations that the central bank would slow the pace of rate hikes in the coming months.
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German Economic Sentiment Improves Sharply: ZEW

German Economic Sentiment Improves Sharply: ZEW

Germany's economic sentiment improved strongly in November to its highest level in five months on hopes that inflation is set to ease in the coming months, results of a closely-watched survey showed Tuesday, though the overall outlook for the biggest euro area economy is bleak.
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