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UK Retail Sales Rebound In May

UK Retail Sales Rebound In May

UK retail sales rebounded in May as sales across all sectors recovered after poor weather damped turnover in April, official data revealed on Friday. The retail sales volume grew 2.9 percent on a monthly basis, offsetting the 1.8 percent fall in April, the Office for National Statistics reported. The growth also exceeded economists' forecast of 1.5 percent.
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Canadian Dollar Rises As Crude Oil Prices Spike

Canadian Dollar Rises As Crude Oil Prices Spike

The Canadian dollar strengthened against other major currencies in the Asian session on Friday, as crude oil prices rose after data showed the crude inventories in the U.S. fell slightly more than expected last week.
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European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK retail sales and public sector finance data. Retail sales are forecast to rise 1.6 percent on month in May, in contrast to the 2.3 percent decrease in April.
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European Shares Poised For Mixed Open

European Shares Poised For Mixed Open

European stocks may open on a mixed note Friday as weak U.S. data stirred fresh debate over when the Fed may start cutting interest rates.
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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as the markets struggle for direction as traders digest mixed economic data from the region and US. Optimism about an interest rate cut by the US Fed this year helped keep investor sentiment somewhat positive, but rising geopolitical tensions in Europe and the Middle East weighed on the markets.
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Japanese Market Slightly Higher

Japanese Market Slightly Higher

Adding to the gains in the previous session, the Japanese stock market is slightly higher in choppy trading on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving to near the 38,700 level, with gains in index heavyweights, exporters and financial stocks partially offset by weakness in technology stocks.
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Thai Stock Market Expected To Remain Rangebound On Friday

Thai Stock Market Expected To Remain Rangebound On Friday

The Thai stock market on Thursday ended the modest two-day winning streak in which it had collected more than 7 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,300-point plateau and it's looking at a fairly flat lead for Friday's trade.
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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Friday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,800 level, with some weakness in technology and financial stocks partially offset by gains in mining and energy stocks amid a spike in commodity prices.
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Indonesia Stock Market May See Additional Support On Friday

Indonesia Stock Market May See Additional Support On Friday

The Indonesia stock market on Thursday wrote a finish to the five-day losing streak in which it had stumbled almost 200 points or 2.9 percent. The Jakarta Composite Index now rests just shy of the 6,820-point plateau and it may add to its winnings on Friday.
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