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Australia's central bank raised its key interest rate on Tuesday, by a quarter-point for a third straight policy meeting, thus slowed the pace of rate hikes from a more aggressive 50 basis points previously as policymakers turned less hawkish amid expectations for slower economic growth ahead. The policy board of the Reserve Bank of Australia, governed by Philip Lowe, decided to lift the cash rat more...
The services sector in China continued to contract in November, and at a faster pace, the latest survey from Caixin said on Monday with a PMI score of 46.7. more...
The Japanese Yen has held firm against major counterparts as the safe-haven currency stabilizes around technical levels. more...
Gold and silver have both benefitted from a weaker dollar but silver is the standout of the two metals. Gold consolidating at stern resistance, silver continues higher more...
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by more than expected in the month of November. The report said non-farm payroll employment jumped by 263,000 jobs in November after surging by an upwardly revised 284,000 jobs in October. more...
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