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Actualités Forex
European Economic News Preview: Eurozone Flash PMI Data Due
Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Wednesday. At 3.15 am ET, France's flash composite Purchasing Managers' survey results are due. The composite PMI is forecast to rise to 47.5 in August from 46.6 in the previous month.
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Sensex, Nifty Marginally Lower In Early Trade
Indian shares were subdued in early trade on Wednesday, tracking mixed cues from global markets.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders continued to remain largely cautious, awaiting US Fed Chair Jerome Powell's speech at the Jackson Hole Symposium due later this week for more clues about the economy and interest-rate outlook. The symposium will feature meetings by global central bank leaders.
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Sensex, Nifty Seen Slightly Higher In Cautious Trade
Indian shares may open slightly higher in cautious trade on Wednesday as investors keep a close eye on dollar and global bond yield movements.
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Japanese Market Modestly Higher
The Japanese stock market is modestly higher in choppy trading on Wednesday after opening in the red, extending the gains in the previous session, with the Nikkei 225 moving above the 31,900 level, following the mixed cues from Wall Street overnight, as traders reacted to upbeat PMI data that showed domestic manufacturing and services activity improved in August to three-month highs.
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Thai Stock Market Tipped To Open Under Pressure On Wednesday
The Thai stock market has finished higher in two straight sessions, collecting more than 25 points or 1.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,545-point plateau although investors may lock in gains on Wednesday.
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Japan Manufacturing PMI Improves To 49.7 In August - Jibun
The manufacturing sector in Australia continued to contract in August, albeit at a slower rate, the latest survey from Jibun Bank revealed on Wednesday with a manufacturing PMI score of 49.7.
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more news
Australian Market Modestly Higher
The Australian stock market is modestly higher on Wednesday, extending the slight gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the mixed cues from Wall Street overnight, boosted by gains in mining and financial stocks, partially offset by weakness in technology and energy stocks.
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Lower Open Projected For Indonesia Stock Market
The Indonesia stock market has moved higher in consecutive trading days, advancing more than 55 points or 0.8 percent along the way. The Jakarta Composite Index now sits just above the 6,915-point plateau although it's looking at a soft start on Wednesday.
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Soft Start Predicted For Hong Kong Stock Market
The Hong Kong stock market on Tuesday ended the seven-day losing streak in which it had plummeted almost 1,650 points or 8.6 percent. The Hang Seng Index now sits just beneath the 17,800-point plateau although it may hand back some of those gains on Wednesday.
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China Shares May See Renewed Consolidation
The China stock market on Tuesday ended the two-day slide in which it had slumped more than 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,120-point plateau although it may head south again on Wednesday.
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Taiwan Stock Market May Tick Lower On Wednesday
The Taiwan stock market has moved higher in consecutive trading days, collecting almost 60 points or 0.4 percent along the way. The Taiwan Stock Exchange now rests just beneath the 16,440-point plateau although it's likely to open in the red on Wednesday.
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Singapore Bourse May Be Stuck In Neutral On Wednesday
The Singapore stock market on Tuesday ended the seven-day losing streak in which it had plunged almost 170 points or 5.3 percent. The Straits Times Index now rests just beneath the 3,160-point plateau although it may spin its wheels on Wednesday.
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