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European Economic News Preview: UK Retail Sales Data Due
(RTTNews) - Retail sales from the UK and final inflation from the euro area are the top economic news due on Friday.
At 2.00 am ET, the Office for National Statistics releases UK retail sales for December. Sales are forecast to grow 0.4 percent on month, following a 0.2 percent rise in November.
At 4.00 am ET, the European Central Bank is set to issue euro area current account data for November. The current account surplus is forecast to increase to EUR 28.0 billion from EUR 25.8 billion in October.
At 5.00 am ET, Eurostat is scheduled to release euro area final inflation data for December. The preliminary estimate showed that inflation rose to a five-month high of 2.4 percent from 2.2 percent in November.
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Indonesia Bourse May End Losing Streak On Wednesday
The Indonesia stock market has moved lower in three straight sessions, sinking almost 260 points or 3.6 percent in that span. The Jakarta Composite Index now rests just beneath the 7,630-point plateau although it's due for support on Wednesday.
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43 minutos atrás
Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Wednesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 43,650 level, with gains in technology stocks partially offset by weakness in automakers, exporters and financial stocks.
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47 minutos atrás
Hang Seng May Extend Winning Streak
The Hong Kong stock market has moved higher in three straight sessions, climbing more than 975 points or 3.9 percent along the way. The Hang Seng Index now sits just beneath the 25,940-point plateau and it may see additional strength on Wednesday.
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58 minutos atrás
Australian Market Slightly Higher
Australian shares are trading slightly higher on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying just above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
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1h 12min atrás
China Shares May Bounce Higher Again On Wednesday
The China stock market on Tuesday ended the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,800-point plateau although it may find renewed support on Wednesday.
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1h 13min atrás
Additional Support Anticipated For Taiwan Stock Market
The Taiwan stock market has tracked higher in five straight sessions, collecting more than 830 points or 3.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,850-point plateau and it may add to its winnings again on Wednesday.
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1h 43min atrás
Rebound Anticipated For Singapore Stock Market
The Singapore stock market on Tuesday ended the three-day winning streak in which it had gathered more than 20 points or 0.4 percent. The Straits Times Index now sits just shy of the 4,300-point plateau although it may bounce higher again on Wednesday.
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2h 13min atrás
Malaysia Shares May Run Out Of Steam On Wednesday
The Malaysia stock market has ticked higher in back-to-back sessions, collecting more than 8 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau although the rally may stall on Wednesday.
RTTNews
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2h 43min atrás
