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China Loan Prime Rate Data Due On Monday
(RTTNews) - The People's Bank of China will on Monday release loan prime rate figures, highlighting a light day for Asia-Pacific economic activity.
In June, the rate was 3.50 percent, while the overall rate was 3.00 percent.
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Gold Edges Higher As Oil Prices Ease After Recent Surge
Gold edged higher on Friday as oil prices slipped from recent highs and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
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12 minutes ago
Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast
Oil prices traded lower on Friday but headed for a sharp weekly gain amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.
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29 minutes ago
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the European session on Friday.
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32 minutes ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the European session Friday.
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38 minutes ago
European Shares Rise As Oil Prices Ease After Recent Surge
European stocks traded higher on Friday as oil prices fell from recent highs and data showed the U.K. economy expanded at a faster pace in July, driven by services and industrial production.
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1h 3min ago
UK Economy Expands Unexpectedly
The UK economy expanded unexpectedly in July as artificial intelligence and cloud computing boosted services output, official data revealed Friday. Gross domestic product posted a monthly growth of 0.4 percent, following an increase of 0.3 percent in June and no growth in May, the Office for National Statistics reported. GDP was expected to remain flat in July.
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1h 4min ago
Asian Shares Retreat On Inflation Fears
Asian stocks fell sharply on Friday following a fourth straight session of losses on Wall Street.
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1h 32min ago
European Shares Set For Lackluster Open; US CPI Data Eyed
European stocks may struggle for direction at open on Friday as rising energy prices and Treasury yields added to concerns about the outlook for interest rates.
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4h 29min ago
