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China GDP Growth Softens Less Than Expected

China GDP Growth Softens Less Than Expected

China's economic growth eased less than feared in the third quarter, indicating that the country remains on track to achieve its full year target despite tariff tensions and deepening property market downturn. Gross domestic product expanded 4.8 percent on a yearly basis in the third quarter after rising 5.2 percent a quarter ago, the National Bureau of Statistics reported Monday.
RTTNews | 331 days ago
Commodity Currencies Rise After China Rate Decision

Commodity Currencies Rise After China Rate Decision

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Monday, following the People's Bank of China's (PBOC) decision to maintain its interest rate stability.
RTTNews | 331 days ago
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 331 days ago
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European Economic News Preview: Eurozone Current Account Data Due

European Economic News Preview: Eurozone Current Account Data Due

Current account from the euro area and producer prices from Germany are due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices for September. Economists expect producer prices to grow 0.1 percent month-on-month, in contrast to the 0.5 percent fall in August.
RTTNews | 331 days ago
Sensex, Nifty Up Firmly In Positive Territory; RIL, Bank Stocks Rally

Sensex, Nifty Up Firmly In Positive Territory; RIL, Bank Stocks Rally

Indian stocks are up firmly in positive territory Monday morning, led by gains in Reliance Industries, and several stocks from the financial sector. Positive cues from Wall Street and Asian markets amid easing U.S.-China trade tensions, and some upbeat earnings announcements from big name banks are contributing to the firm undertone in the market.
RTTNews | 331 days ago
Australian Market Swings To Gains In Mid-market

Australian Market Swings To Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market trading on Monday, reversing some of the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 9,000.00 mark, with gains in energy, financial and technology stocks partially offset by steep declines in gold and other mining stocks.
RTTNews | 332 days ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian markets are mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders remain optimistic on easing trade tensions between the U.S. and China after U.S. President Donald Trump said the high tariffs he has threatened on Chinese imports are probably not sustainable, but argued "they forced me to do that." Asian markets closed mostly lower on Friday.
RTTNews | 332 days ago
Sensex, Nifty Look Headed For Firm Start

Sensex, Nifty Look Headed For Firm Start

Indian shares look headed for a bright start Monday morning thanks to positive cues from Wall Street and Asian markets, and slightly easing U.S.-China trade tensions.
RTTNews | 332 days ago

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