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Hong Kong Trade Data Due On Monday
(RTTNews) - Hong Kong will on Monday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
In August, imports were up 7.9 percent on month ad exports rose 6.4 percent for a trade deficit of HKS33.1 billion.
Thailand is scheduled to see September numbers for imports, exports and trade balance. In August, imports were up 8.9 percent on year and exports rose an annual 7.0 percent for a trade surplus of $0.260 billion.
Finally, the markets in New Zealand are closed on Monday for Labor Day and will re-open on Tuesday.
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Singapore Stock Market Tipped To Open In The Red
The Singapore stock market on Friday snapped the two-day winning streak in which it had risen almost 60 points or 1.4 percent. The Straits Times Index now sits just beneath the 4,350-point plateau and it may take further damage on Monday.
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Malaysia Bourse May Hand Back Friday's Gains
The Malaysia stock market bounced higher again on Friday, one day after halting the three-day winning streak in which it had collected more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may head south again on Monday.
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KOSPI May See Profit Taking On Monday
The South Korea stock market has moved higher in nine straight sessions, surging more than 250 points or 7.9 percent along the way. Now at another fresh record closing high, the KOSPI sits just beneath the 3,350-point plateau and it is overdue for consolidation on Monday.
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New Zealand Services Index Slumps In August - BusinessNZ
The services sector in New Zealand continued to contract in August, and at a faster pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5.
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China Data On Tap For Monday
China will release a batch of data on Monday, highlighting a modest day for Asia-Pacific economic activity. On tap are August numbers for industrial production, retail sales, fixed asset investment, house prices and unemployment.
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Canadian Dollar Eases Against Most Majors
The Canadian dollar retreated against its most major counterparts in the New York session on Friday.
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Swiss Market Ends On Weak Note; Pharma Stocks Among Major Losers
The Switzerland market ended notably lower on Friday after languishing in negative territory right through the day's session.
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European Markets Close Mostly Flat
The major European markets closed roughly flat on Friday as the mood turned cautious with investors awaiting Fitch's review of France's sovereign rating. Shares from automobile, banking and healthcare sectors were among the laggards, while mining stocks found fairly good support.
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