Economic Data

Hong Kong Stocks down after soft China economic data

The Hong Kong stock market finished session lower for a second day in row on Thursday, 14 September 2017, as investors’ risk sentiment downbeat after the release of weaker-than-expected Chinese monthly retail-sales and industrial-output data. The Hang Seng Index fell 0.4%, or 116.88 points, to 27,777.2, while the Hang Seng China Enterprises Index, known as the H-share ...

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Asia Pacific Market: Stocks mixed after soft China economic data

Asia Pacific share market closed mixed after erasing early gain on Thursday, 14 September 2017, as weak economic data from China triggered a sell off. Trading in regional market started with firm footing, thanks to fresh record high finish of Wall Street overnight, boosted by petroleum-linked equities and hopes Donald Trump’s tax reform could see the light of ...

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Materials Higher After Inflation Data — Materials Roundup

Shares of commodities producers rose as investors focused on the positive economic implications of a resurgence in inflation. The consumer-price index grew 0.4% in August from July, the biggest jump since January, the Labor Department said Thursday. While much of those gains were related to a rise in gasoline prices after Hurricane Harvey, the core index, excluding volatile food and ...

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U.S. Government Bonds Edge Lower After Inflation Data

Government bond prices were little changed Thursday after a key measure of consumer prices rose in August. The yield on the benchmark 10-year U.S. Treasury note was recently 2.195%, according to Tradeweb, from 2.194% on Wednesday. Yields rise as bond prices fall. Yields initially climbed after Labor Department data showed that U.S. consumer prices rose last month at the strongest ...

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CURRENCIES: Dollar Weaker After Economic Data; British Pound Jumps

Bank of England signals rate hike on the way The U.S. dollar put in a mixed performance versus major rivals following a knee-jerk spike on the back of economic data earlier in the session on Thursday. including a stronger-than-expected rise in consumer price inflation for August. The consumer-price index surged 0.4% in August (http://www.marketwatch.com/story/higher-rents-gas-boost-inflation-in-august-cpi-shows-2017-09-14). Economists polled by MarketWatch had forecast ...

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Wall Street’s rally could pause as investors weigh China data

IN THE NEWS TODAY After top congressional Democrats last night said they reached a deal with President Donald Trump to shield about 800,000 young immigrants from deportation, without the president’s proposed border wall as a condition, Trump denied this morning any such deal was made . (CNBC) President Trump will travel to Florida today to survey the damage from Hurricane ...

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Copper Prices: Metal Continues Pullback

Copper, which has been one of the surprise positive performers this year, fell under some pressure this week. On Thursday, the red metal closed down 1.3% at $6,468 per metric ton on the London Metal Exchange after the release of some weaker-than-expected Chinese economic data stoked traders to continue to unwind their bullish predictions. Copper has been climbing higher this ...

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Forex – Aussie Gives Up Some Gains After China Data

This post was originally published on this site © Reuters. Aussie retrace some gains Investing.com – The Aussie gave up some earlier gains on Thursday after a surprise gain in jobs for August data was offset with weaker fixed asset investment, retail sales and industrial output figures from major trading partner China changed hands at 110.47, down 0.01%, while traded ...

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