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In September, factories in Asia's largest economies increased their activity because a synchronized upswing in surge worldwide pointed to firm consumption of manufactured goods heading into the productive end-of-year shopping season.
However, minor weakness in regional economies will probably make Asian key financial institutions pursue more accommodative monetary policy, notwithstanding their Western rivals are currently scaling back stimulus.
On Saturday, China's major bank cut the amount of cash, which some financial institutions require holding as reserves for the first time since February last year for the purpose of encouraging more lending to struggling smaller businesses and energizing its lackluster private sector.
The world's number two economy has defied hopes for a slowdown in 2017, leaping at a strong clip in the first half due to a construction jump.
French quarterly surge is expected to strengthen in the first half of 2019 because consumer spending derives benefits from improving household incomes as well as reviving business confidence after protests at the end of 2018…
In January, new orders for American goods shot up less than anticipated, tamed by dives in orders for computers as well as electronic products, which is another sign of decelerating manufacturing activity…
The Federal open market committee (FOMC) will make its monetary policy statement and announce the interest rate on March 20, 20:00 MT time.
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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