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No Change For New Zealand Performance Of Manufacturing Index - BusinessNZ
The manufacturing sector in New Zealand continued to contract in September, albeit barely, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 49.9.
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342 days ago
Japan Producer Price Data Due On Friday
Japan will on Friday release September figures for producer prices and bank lending, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to rise 0.1 percent on month and 2.5 percent on year after slipping 0.2 percent on month and adding 2.7 percent on year in August. Overall bank lending is tipped to climb 3.7 percent on year, up from 3.6 percent in the previous month.
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342 days ago
Canadian Market Down Sharply; Materials Stocks Tumble
The Canadian market is down sharply in negative territory Thursday afternoon, hurt by losses in materials, consumer discretionary and industrials sectors.
Geopolitical tensions, and concerns about the impact of the US government shutdown render the mood bearish. Also, investors are looking ahead to the reporting season.
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342 days ago
Swiss Market Settles Modestly Lower
The Switzerland market spent much of the day's trading session on Thursday as investors refrained from making significant moves amid a lack of positive catalysts.
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342 days ago
European Stocks Close Broadly Lower Amid Political Uncertainty And Lack Of Key Data
Most of the markets across Europe ended on a weak note on Thursday, weighed down by concerns about the political situation in France, and a lack of significant data. Bank stocks were under pressure.
However, expectations of more interest rate cuts by the Federal Reserve limited markets' downside a bit.
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343 days ago
ECB Minutes Reveal Confident But Cautious Stance Amid High Uncertainty
The European Central Bank policymakers felt no immediate pressure to adjust interest rates in September as risks to both inflation and growth were seen as balanced and the high uncertainty linked to trade policies also justified the stance as this would give more time to assess the real impact of tariffs on the economy, minutes of the September policy session showed on Thursday.
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343 days ago
Bay Street Likely To Open Flat
Canadian stocks look headed for a somewhat flat start Thursday morning, tracking the trend in European markets, and commodity prices.
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343 days ago
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Philippine Central Bank Cuts Rate Unexpectedly
The Philippines' central bank unexpectedly reduced its key interest rates by 25 basis points on Thursday, for the fourth time this year and signaled further reduction to support economic growth. The Monetary Board of the Bangko Sentral ng Pilipinas, headed by Governor Eli Remolona, decided to reduce the policy rate by 25 basis points to 4.75 percent. The bank was expected to hold the rate at 5.0
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343 days ago
PepsiCo Q3 Results Top Market, Confirms FY25 View; Names Walmart's Steve Schmitt CFO
PepsiCo, Inc. on Thursday reported lower profit in its third quarter, while core earnings per share and top line beat market estimates. Further, the firm maintained its fiscal 2025 outlook. Separately, the food and beverage giant announced that it has appointed Walmart Inc.'s Steve Schmitt as Executive Vice President and Chief Financial Officer...
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343 days ago
FTSE 100 Down Nearly 0.5%; Bank Stocks Tumble
The UK stock market is down in negative territory on Thursday, weighed down by losses in banking and housing sectors.
Expectations of more interest rate cuts by the Federal Reserve and a few other major central banks appear to be limiting the market's downside.
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343 days ago
Sensex Rises 398 Points; Nifty Ends At 25,181
Indian shares eked out modest gains on Thursday as geopolitical tensions eased somewhat, and investors awaited TCS' earnings results due after the market close.
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343 days ago
CAC 40 Up Marginally In Lackluster Trade
French stocks mostly subdued in somewhat lackluster trade on Thursday, amid fading prospects of an early Parliamentary election in the country.
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343 days ago
German Exports Fall On Weak US Demand
Germany's exports declined for the second straight month in August as higher trade tariffs weighed on shipments to the United States, official data revealed Thursday. Exports dropped 0.5 percent in August from July, following a decline of 0.2 percent in July, Destatis said. The drop came in contrast to the expectations for an increase of 0.3 percent.
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343 days ago
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