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Actualités Forex
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK consumer and producer prices for September.
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Sensex, Nifty Cut Early Losses On Improved China Data
Indian shares cut early losses to trade on a flat note Wednesday as improved China data helped offset worries over escalation of the Israel-Hamas conflict.
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Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets mostly lower on Wednesday, following the mixed cues from global markets overnight, as data showing a bigger than expected increase in U.S. retail sales in September raised concerns the US Fed will keep interest rates higher for longer or even announce a rate hike this year. Higher bond yields and geopolitical concerns in the Middle East also kept investors cautious.
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China GDP Climbs 4.9% On Year In Q3
China's gross domestic product expanded an annualized 4.9 percent on year in the third quarter of 2023, the National Bureau of Statistics said on Wednesday.
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Sensex, Nifty Set To Open Lower After Gaza Hospital Attack
Indian shares look set to open lower on Wednesday as investors ponder over risks stemming from the Israel-Hamas conflict.
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Japanese Market Modestly Lower
Reversing the gains in the previous session, the Japanese share market trading modestly lower on Wednesday, following the mixed cues from global markets overnight. The Nikkei 225 fell below the 32,000 mark, with losses in index heavyweights and exporters partially offset by gains in financial stocks. Traders also remain cautious ahead of key economic data from China, Japan's top trading partner.
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Thai Stock Market Has Flat Lead For Wednesday
The Thai stock market on Tuesday ended the two-day slide in which it had slumped almost 30 points or 2 percent. The Stock Exchange of Thailand now rests just above the 1,430-point plateau and it's likely to be rangebound again on Wednesday.
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Australian Market Slightly Higher
Adding to the gains in the previous session, Australian shares are slightly higher on Wednesday, with the benchmark S&P/ASX 200 staying above the 7,000 mark, following the mixed cues from global markets overnight, with weakness in technology stocks nearly offset by small gains in energy, mining and financial stocks.
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Indonesia Stock Market May Be Stuck In Neutral On Wednesday
The Indonesia stock market on Tuesday halted the two-day losing streak in which it had fallen almost 40 points or 0.6 percent. The Jakarta Composite Index now sits just beneath the 6,940-point plateau although it may hand back some of those gains on Wednesday.
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Hong Kong Shares May Open In The Red
The Hong Kong stock market on Tuesday wrote a finish to the two-day losing streak in which it had tumbled almost 800 points or 4 percent. The Hang Seng Index now rests just above the 17,770-point plateau although it's looking at a soft start on Wednesday.
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Soft Start Seen For China Stock Market
The China stock market on Tuesday ended the two-day slide in which it had slumped almost 35 points or 1.2 percent. The Shanghai Composite Index now rests just shy of the 3,085-point plateau although it may hand back those gains on Wednesday.
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Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market has moved lower in three straight sessions, falling more than 185 points or 1.2 percent along the way. The Taiwan Stock Exchange now sits just above the 16,640-point plateau and it may extend its losses again on Wednesday.
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Singapore Stock Market Likely Rangebound On Wednesday
The Singapore stock market on Tuesday ended the two-day slide in which it had dropped more than 50 points or 1.7 percent. The Straits Times Index now sits just above the 3,170-point plateau although it may spin its wheels on Wednesday.
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