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Japan Inflation Data Due On Friday

Japan will on Friday release February data for consumer prices, highlighting a light day for Asia-Pacific economic activity. In January, overall inflation was flat on month and up 2.2 percent on year, while core CPI rose an annual 2.0 percent. New Zealand will provide February numbers for imports, exports and trade balance. In January, imports...

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New Zealand Has NZ$218 Million Shortfall In February

New Zealand posted a merchandise trade deficit of NZ$218 million in February, Statistics New Zealand said on Friday. That beat forecasts for a shortfall of NZ$825 million following the downwardly revised NZ$1.089 billion in January (originally -NZ$976 million). Exports were worth NZ$5.89 billion, up from the downwardly revised NZ$4.82 billion in the previous month (originally...

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Rep. McHenry Indicates Progress on Stablecoin Bill Before Election

The U.S. House Financial Services Committee Chair Rep. Patrick McHenry (R-NC) has suggested upcoming advancements in stablecoin legislation before the election. Speaking at a Coinbase event in Washington on March 20, McHenry noted that despite recent Congressional disruptions, a stablecoin bill is nearing readiness for a House vote, reflecting a bipartisan effort and significant groundwork...

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