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European Economic News Preview: Germany Ifo Business Confidence Data Due
(RTTNews) - Business sentiment survey data from Germany and monetary aggregates from the euro area are the top economic news due on Wednesday.
At 3.00 am ET, Spain's statistical office INE releases producer prices for September. Prices had declined 10.0 percent annually in August.
At 4.00 am ET, the ifo Institute publishes Germany's business confidence survey data. The business sentiment index is seen at 85.9 in October, up from 85.7 in the prior month.
Also, the European Central Bank is slated to release euro area monetary aggregates for September. M3 is forecast to fall 1.7 percent annually, following a 1.3 percent drop in August. In the meantime, the State Secretariat for Economic Affairs publishes Swiss economic forecast.
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Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, after a U.S. federal court blocked US President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority. Asian markets closed mostly lower on Wednesday.
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23 minutos atrás
Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs
Indian shares look set to open higher on Thursday as investors react to encouraging industrial output data, upbeat Nvidia earnings and a U.S. court ruling blocking President Trump's "Liberation Day" tariffs, citing overreach of power.
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58 minutos atrás
Japanese Market Sharply Higher
The Japanese market is trading sharply higher on Thursday, extending the gains in the previous four sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
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1h 51min atrás
Thai Shares May Take Further Damage On Thursday
The Thai stock market has tracked lower in two straight sessions, slipping almost 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just above the 1,160-point plateau and it's expected to open to the downside again on Thursday.
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1h 55min atrás
Lower Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,260-point plateau and it's tipped to open under pressure again on Thursday.
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2h 10min atrás
Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy, financial and technology stocks partially offset by a mixed performance in mining stocks.
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2h 21min atrás
China Shares May Open Under Pressure On Thursday
The China stock market has finished lower in five straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just beneath the 3,340-point plateau and it may see continued consolidation on Thursday.
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2h 25min atrás
Renewed Selling Pressure Expected For Taiwan Shares
The Taiwan stock market on Wednesday ended the four-day losing streak in which it had given up more than 460 points or 2.2 percent. The Taiwan Stock Exchange now sits just above the 21,350-point plateau although it may head south again on Thursday.
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2h 55min atrás
