Asia's shares rise before ECB meeting

Note: This section contains information in English only.
Source: Reuters
Asian equities increased on Thursday trading session rising from the lowest figures in five months as investors speculate that the European Central Bank may ease its monetary policy on the meeting today and as U.S. jobs data could ease a tension in emerging markets. The MSCI Asia-Pacific gauge outside Japan added 0.8% following a five-day losing streak.

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Thu, 06 Feb 2014 09:12:05 GMT

ECB may cut its interest rates on today's policy meeting

The European Central Bank may ease its monetary policy further on today's meeting as investors expect the bank to cut its interest rates by another 25 basis points, or 0.25%, after recent economic data revealed unfavourable results and slowing inflation. Investors bet on an interest rate of conventional 25 basis points, however, the cut may be lower of about 0.1-0.15%.

Thu, 06 Feb 2014 08:50:03 GMT

Australian retail sales slow down in December

Australia's retail sales jumped in the last month of 2013 matching original economists' projections, a report published by the National Bureau of Statistics showed on Thursday. According to the report, the country's retail sales climbed 0.5% on a sequential basis in December easing from November's level of 0.7% as food retail sales added 2.5%, while other retailing slipped 3.1%.

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