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European Economic News Preview: ECB Bulletin Due
(RTTNews) - The economic bulletin from the European Central Bank is the only major data due on Thursday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Norway releases GDP data for November. The Mainland-Norway is forecast to grow 0.2 percent on month, after staying flat in October.
In the meantime, retail sales data for November is due from Turkey.
At 3.00 am ET, the Czech Statistical Office is slated to issue retail sales for November. Sales had decreased 1.8 percent on month in October.
At 4.00 am ET, the European Central Bank publishes economic bulletin.
At 5.00 am ET, Greece consumer price inflation data is due.
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European Shares Rally As Trade Tensions Ease
European stocks climbed on Friday as most regional markets resumed trading after a holiday on Thursday for May Day.
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Asian Shares Rally As Sino-US Trade Tensions Ease
Asian stocks advanced on Friday after China said it's evaluating the possibility of trade talks with the United States, raising hopes of trade war de-escalation.
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Apple Shares Down On $900 Mln Tariff Hit, Despite Strong Q2, Dividend Growth, $100 Bln Buyback
Shares of apple inc. were down around 4 percent in the after-hours trading on Thursday after the tech major said it sees $900 million hit from tariffs in the third quarter, as it shifts U.S. iPhone supply to India from China. This was despite reporting higher profit in its second quarter, above market estimates, with strong growth in revenues. The company also announced higher dividend...
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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European Shares To Open Higher On US-China Trade Talk Optimism
European stocks are likely to open higher on Friday as investors react to easing trade tensions and mixed earnings from U.S heavyweights.
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European Economic News Preview: Eurozone Inflation, Unemployment Data Due
Flash inflation, unemployment and final factory Purchasing Managers' survey results from the euro area are due on Friday, headlining a busy day for the European economic news. At 3.15 am ET, Spain's manufacturing PMI survey data is due. Economists forecast the index to rise to 50.0 in April from 49.5 in March.
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Sensex, Nifty Climb In Early Trade; Auto Stocks Take Lead
Indian shares were sharply higher on Friday, with sentiment aided by the prospect of easing global trade tensions after China said it is evaluating trade talks with the U.S.
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