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Asia-Pacific markets slip with Japan’s Nikkei leading losses; yen strengthens

Anniek Bao@in/anniek-yunxin-bao-460a48107/@anniekbyx

Key Points

  • South Korea reported that August unemployment fell to 2.4%, the lowest level since 1999, when the data series commenced, according to Statistics Korea.
  • The televised presidential debate between Republican presidential nominee Donald Trump and Democratic Vice President Kamala Harris is the immediate focus for investors

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European markets mixed as uncertainty weighs on sentiment

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Karen Gilchrist@_karengilchrist & Holly Ellyatt@HollyEllyatt

LONDON — European stocks were mixed on Tuesday, following a more positive session at the start of the week.

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Gold prices steady with spotlight on U.S. inflation data

Reuters

Gold prices held their ground on Monday, as investors awaited the U.S. inflation report for further clues on the potential size of the Federal Reserve’s interest-rate cut.

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Asia-Pacific markets higher as China exports beat expectations

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Lim Hui Jie

Anniek Bao@in/anniek-yunxin-bao-460a48107/@anniekbyx

Key Points

  • Asia-Pacific markets were higher on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year.
  • China’s exports grew 8.7% year-on-year in August and imports grew 0.5%, customs data showed on Tuesday, compared to the forecast of 6.5% and 2% in a Reuters poll.

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Hang Seng leads losses in Asia; China consumer inflation comes in weaker than forecast

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Lim Hui Jie & Anniek Bao@in/anniek-yunxin-bao-460a48107/@anniekbyx

Key Points

  • Japan’s second-quarter GDP came in at 2.9% on an annualized basis, less than the 3.2% expected by economists polled by Reuters and the advance figure of 3.1%.
  • China’s inflation rate grew 0.6% year-on-year, lower than the 0.7% expected from economists polled by Reuters. On a month-on-month basis, the CPI rose 0.4%, lower than the 0.5% expected.

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Europe stocks record another negative start as U.S. data drags down sentiment

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Jenni Reid

LONDON — European stocks opened lower Friday after clocking losses in four straight sessions this week.

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Gold holds below 1-week high ahead of U.S. jobs data, heads for weekly gain

Reuters

Gold held below a one-week high on Friday and was on track for a weekly gain, as market participants focused on U.S. jobs data that could shape the size of an expected rate cut this month.

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Asia-Pacific markets mostly fall as Japan spending misses expectations; Hong Kong closes due to typhoon

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Lim Hui Jie

Key Points

  • Japan’s household spending data for July rose 0.1% in real terms from the previous year, compared to a 1.2% rise expected from economists polled by Reuters, and a reversal compared to a 1.4% fall in June.
  • Hong Kong’s markets will be shut today due to Super Typhoon Yagi.

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Europe stocks mixed after three straight declines; U.S. jobs data in focus

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Jenni Reid

LONDON — European stock markets were mixed Thursday morning, continuing a negative run after closing last week at a record high.

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Gold hits two-week low as traders expect smaller U.S. Fed rate cut

Reuters

Gold prices slipped to their lowest level in nearly two weeks on Wednesday, extending declines to a fourth straight session as markets priced in smaller rate-cut bets for the U.S. Federal Reserve’s policy meeting this month.

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