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Australia Annual Inflation Jumps 7.8% In Q4

*Australia Performance Of Services Index 45.6...

[ad_1] Consumer prices in Australia were up 7.8 percent on year in the fourth quarter of 2022, the Australian Bureau of Statistics said on Wednesday – exceeding estimates for 7.5 percent and accelerating from 7.3 percent in the three months prior. On a seasonally adjusted quarterly basis, inflation climbed 1.9 …

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New Zealand Inflation Jumps 7.2% On Year In Q…

*New Zealand Food Inflation +10.7% On Year In...

[ad_1] Consumer prices in New Zealand were up 7.2 percent on year in the fourth quarter of 2022, Statistics New Zealand said on Wednesday. That was unchanged from Q3 and exceeded expectations for 7.1 percent. Individually, prices rose 8.0 percent on year for housing, 11 percent for food and 8.4 …

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Australia Inflation Data Due On Wednesday

Australia GDP Climbs 5.9% On Year In Q3

[ad_1] Australia will on Wednesday release Q4 numbers for consumer prices, highlighting a busy day for Asia-Pacific economic activity. Overall inflation is expected to rise 1.6 percent on quarter and 7.5 percent on year after climbing 1.8 percent on quarter and 7.3 percent on the year previous three months. The …

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Treasuries Move Notably Higher After Early Vo…

German Construction Activity Continues To Shr...

[ad_1] After showing a lack of direction early in the session, treasuries showed a notable move to the upside over the course of the trading day on Tuesday. Bond prices bounced back and forth across the unchanged line in early trading before climbing more firmly into positive. As a result, …

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Oil Futures Settle Sharply Lower On Demand Co…

Oil Futures Settle Lower, Shed More Than 11% ...

[ad_1] Despite a weak dollar and hopes of a recovery in fuel demand from China, crude oil prices fell sharply on Tuesday amid concerns about the outlook for oil demand due to a potential recession in Europe and the US West Texas Intermediate crude futures for March ended lower by …

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Gold Futures Settle Higher On Weak Dollar

Gold Futures Settle Higher As Dollar Drifts L...

[ad_1] Gold futures settled higher on Tuesday, gaining for a fourth straight session, as the dollar stayed weak amid hopes the Fed will slow the pace of interest rate hikes. The dollar index, which dropped to 101.72 in the Asian session, recovered to 102.43 around mid morning before easing to …

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Two-Year Note Auction Attracts Well Above Ave…

Dollar Rises Against Some Major Counterparts

[ad_1] The Treasury Department kicked off this week’s series of announcements of the results of its long-term securities auctions on Tuesday, revealing this month’s auction of $42 billion worth of two-year notes attracted well above average demand. The two-year note auction drew a high yield of 4.139 percent and a …

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UK Orders Book Balance Falls, Cost Pressures …

*U.S. Dollar Drops To 4-day Low Of 1.2286 Aga...

[ad_1] UK manufacturing output and orders remained stable in the three months to January, while average unit costs grew at the slowest pace since April 2021, the latest monthly Industrial Trends Survey from the Confederation of British Industry, or CBI, and Accenture days showed. Output volumes were almost stable in …

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