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European Economic News Preview: Eurozone Industrial Output Data Due
(RTTNews) - Industrial production from the euro area and unemployment from Italy are the top economic news due on Wednesday.
At 3.30 am ET, producer prices figures from Switzerland are due. Economists forecast prices to grow 0.2 percent on a monthly basis in February after a 0.1 percent gain in January.
At 5.00 am ET, Italy's statistical office ISTAT publishes quarterly unemployment data. The jobless rate is forecast to rise to 6.2 percent in the fourth quarter from 6.1 percent in the preceding period.
At 6.00 am ET, Eurostat is slated to release euro area industrial production figures. Industrial output is expected to grow 0.5 percent month-on-month in January, in contrast to the 1.1 percent decrease in December.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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Před 1 h 8 min
European Economic News Preview: UK GDP Data Due
Quarterly national accounts from the UK and industrial production from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade data. The economy is forecast to grow 0.2 percent sequentially, slower than the 0.3 percent expansion in the second quarter.
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Před 1 h 15 min
Australian Market Extends Early Losses In Mid-market
The Australian market is sharply extending its early losses in mid-market moves on Thursday, adding to the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,750 level, with weakness is financial, energy and technology stocks partially offset by gains in gold miner stocks.
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Před 3 h 0 min
Asian Markets Mixed Amid Cautious Trades
Asian markets are mixed on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the release of a barrage of US economic data after the US House of Representatives voted on a bill to end the longest government shutdown in U.S. history. The end to the impasse would enable the US Fed to gauge the economy precisely well ahead of its December meeting.
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Před 3 h 6 min
Higher Open Called For Thai Stock Market
The Thai stock market has finished lower in consecutive trading days, dropping more than 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,285-point plateau although it's expected to find traction on Thursday.
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Před 4 h 38 min
Japanese Market Notably Higher
The Japanese market is notably higher on Thursday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 51,250 level, with gains across most sectors led by technology and financial stocks. Index heavyweights were weak.
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Před 4 h 54 min
Indonesia Bourse May Extend Wednesday's Gains
The Indonesia stock market on Wednesday ended the two-day slide in which it had fallen almost 30 points or 0.4 percent. The Jakarta Composite Index now sits just beneath the 8,390-point plateau and it may add to its winnings on Thursday.
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Před 5 h 8 min
Hang Seng May Breach 27,000-Point Level
The Hong Kong stock market has moved higher in three straight sessions, advancing almost 675 points or 2.9 percent along the way. The Hang Seng Index now rests just above the 26,920-point plateau and it's expected to open to the upside again on Thursday.
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Před 5 h 23 min
