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European Economics Preview: Eurozone Final HICP Data Due
(RTTNews) - Final harmonized inflation data from Euro area is due on Friday, headlining a light day for the European economic news.
At 3.00 am ET, cosumer and harmonized prices figures are due from Austria. Consumer price inflation is expected to rise to 8.0 percent in May from 7.2 percent in April.
In the meantime, construction output figures are due from Italy.
At 5.00 am ET, Eurostat publishes eurozone final HICP data for May. According to flash estimate, inflation rose to a record 8.1 percent from 7.4 percent in April. The statistical office is expected to confirm the preliminary estimate.
In the meantime, foreign trade data is due from Italy.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, amid easing concerns about the ongoing trade war after US President Donald Trump unveiled the framework of a trade agreement with the U.K. The Japanese markets are leading regional gains amid hopes that the country will reach a trade agreement with the U.S. in June.
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vor 1Std 9 Minuten
Sensex, Nifty Set To Extend Losses As India-Pakistan Tensions Escalate
Indian shares look set to extend losses on Friday amid worries that the escalation of conflict with Pakistan, rising oil prices and a weakening rupee could hurt capital flows.
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vor 1Std 33 Minuten
Thai Shares Likely To Remain Rangebound
The Thai stock market has finished lower in two of three trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,205-point plateau although it may tick higher again on Friday.
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vor 2Std 9 Minuten
Japanese Market Significantly Higher
Extending the gains in the previous session, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 37,200 level, with gains across all sectors led by index heavyweights and financial stocks.
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vor 2Std 33 Minuten
Indonesia Stock Market May Erase Thursday's Losses
The Indonesia stock market on Thursday ended the eight-day winning streak in which it had rallied more than 210 points or 3.2 percent. The Jakarta Composite Index now rests just above the 6,825-point plateau although it may find renewed support on Friday.
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vor 2Std 39 Minuten
Hong Kong Bourse Tipped To Open In The Green
The Hong Kong stock market has tracked higher in six straight sessions, soaring more than 800 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 22,775-point plateau and it's expected to open to the upside again on Friday.
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vor 2Std 54 Minuten
Australian Market Slightly Higher
The Australian stock market is trading slightly higher on Friday after opening in the red, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,200 level, with gains in technology and energy stocks partially offset by weakness in mining and financial stocks.
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vor 3Std 7 Minuten
China Shares May Extend Winning Streak
The China stock market has finished higher in three straight sessions, gathering more than 70 points or 2.2 percent along the way. The Shanghai Composite Index now rests just above the 3,350-point plateau and it's expected to open to the upside again on Friday.
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vor 3Std 9 Minuten
