Japan Upgrades Factory Output View in Monthly Report

Overall economic assessment unchanged for third month Cabinet Office also changes views on imports, public works Japan Q1 GDP shrunk, analysts see rebounding this quarter TOKYO, May 27 Reuters Japan39;s government upgraded its assessment of factory output for the first time in a year, saying in its monthly economic report that it showed signs of […]
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Rupee Closes Mildly Weaker, Forward Premiums Slip

MUMBAI, May 27 Reuters The Indian rupee closed slightly down on Monday, unable to build on recent gains as local dollar demand pressured the currency even as most of its Asian peers rose. The rupee ended at 83.13 against the U.S. dollar, against its close at 83.0975 in the previous session. The rupee had rallied […]
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Brazil Surpasses Belgium as Top Export Market for Chinese EVs, Hybrids, Data Shows

BEIJING, May 27 Reuters Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to nonEuropean markets amid European Union39;s antisubsidy probe into Chinese electric vehicles. Exports of pure electric and plugin hybrid cars to Brazil soared 13fold yearonyear to 40,163 units in […]
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Canadas Retail Sales Volumes Dropped, U.S. Durable Goods Orders Up, Crude Oil Saw Jump, U.S. Indices Reversed to Upside, BTC and ETH Got Boost

Previous Trading Days Events 24.05.2024 Canadas retail sales contracted for a third consecutive month, missing expectations, underscoring the softness in economic growth and the impact of high interest rates on consumer spending. Retail sales in March dropped by 0.2 beating expectations for a slower decline. The waning of momentum over the quarter reflects consumer caution […]
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Rising Stocks Strike a Dissonant Note in Tins Bull Party

LONDON, May 24 Reuters Copper may have grabbed the headlines this week by making a record nominal high, but tin remains the strongest yeartodate base metals performer. London Metal Exchange LME threemonth tin is currently trading around 33,500 per metric ton, up by 32 on the start of January, compared with copper39;s 21 price gain. […]
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