Economic events
Australia’s central bank ends 2024 with a dovish pivot, jolting markets
People walk past the Reserve Bank of Australia building in the central business district of Sydney on July 4, 2017. Saeed Khan | AFP | Getty Images Australia’s central bank held interest rates steady at its last meeting of the year but softened its hawkish tone by noting the board is gaining “some confidence” that […]
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Asia-Pacific markets set to open higher as investors await Australia rate decision
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Steven Saphore | Anadolu Agency | Getty Images Asia-Pacific markets were set to open mostly higher Tuesday, following losses on Wall Street that saw the S&P 500 and Nasdaq Composite pull back from record highs ahead […]
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India appoints Revenue Secretary Sanjay Malhotra as new central bank governor
People stand in front of a Reserve Bank of India logo at the Global Fintech Fest in Mumbai, India, 5 September, 2023. Niharika Kulkarni | Nurphoto | Getty Images India has appointed Revenue Secretary Sanjay Malhotra as governor of the country’s central bank for a three-year period, according to CNBC TV18. He will on Tuesday […]
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UK business confidence falls to lowest level in almost two years after Labour budget
Members of the public are seen shopping for Black Friday deals in Glasgow, Scotland. Jeff J Mitchell | Getty Images News | Getty Images LONDON — British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government’s bumper tax-raising budget, new data showed Monday. Business confidence in the […]
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China consumer prices climb less than expected as economy slows amid trade war worries
Customers shopping for vegetables at a supermarket in Nanjing, China. Nurphoto | Nurphoto | Getty Images China’s consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday. Analysts polled by Reuters had expected a slight pickup in consumer prices to 0.5% in […]
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Asia-Pacific markets open mixed as investors assess Japan’s revised GDP, await China inflation data
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets opened mixed Monday as traders assessed revised economic growth data from Japan and awaited China’s November inflation data. Japan’s Nikkei 225 opened 0.5% higher, while the Topix gained 0.4%. Japan’s third-quarter GDP was revised to 0.3% on a quarter-on-quarter […]
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CNBC Daily Open: U.S. exceptionalism seems difficult to dislodge for now
The New York Stock Exchange on November 21, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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CNBC Daily Open: U.S. exceptionalism seems difficult to dismiss for now
The New York Stock Exchange on Nov. 21, 2024. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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Asia markets mostly lower as investors assess Japan spending data; India rate decision in focus
A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Asia-Pacific markets open mostly lower Friday after Wall Street saw the Dow Jones Industrial Average drop more than 200 points and S&P 500 retreat from a record high. Traders in Asia assessed household spending data out of Japan. Spending grew 2.9% in […]
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CNBC’s Inside India newsletter: What lies ahead for India after a big GDP growth miss?
People buying vegetables at a local market in Noida, Uttar Pradesh on August 22, 2023. (Photo by Chandradeep Kumar/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and […]
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