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European Economic News Preview: Germany Ifo Business Confidence Data Due
(RTTNews) - Business sentiment survey data from Germany and monetary aggregates from the euro area are the top economic news due on Wednesday.
At 3.00 am ET, Spain's statistical office INE releases producer prices for September. Prices had declined 10.0 percent annually in August.
At 4.00 am ET, the ifo Institute publishes Germany's business confidence survey data. The business sentiment index is seen at 85.9 in October, up from 85.7 in the prior month.
Also, the European Central Bank is slated to release euro area monetary aggregates for September. M3 is forecast to fall 1.7 percent annually, following a 1.3 percent drop in August. In the meantime, the State Secretariat for Economic Affairs publishes Swiss economic forecast.
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Lower Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,260-point plateau and it's tipped to open under pressure again on Thursday.
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Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy, financial and technology stocks partially offset by a mixed performance in mining stocks.
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China Shares May Open Under Pressure On Thursday
The China stock market has finished lower in five straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just beneath the 3,340-point plateau and it may see continued consolidation on Thursday.
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35 मिनटों पहले
Renewed Selling Pressure Expected For Taiwan Shares
The Taiwan stock market on Wednesday ended the four-day losing streak in which it had given up more than 460 points or 2.2 percent. The Taiwan Stock Exchange now sits just above the 21,350-point plateau although it may head south again on Thursday.
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1घंटे 5 मिनट पहले
Singapore Bourse May Run Out Of Steam On Thursday
The Singapore stock market has moved higher in two straight sessions, advancing more than 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,910-point plateau although the rally may stall on Thursday.
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1घंटे 35 मिनट पहले
Losing Streak May Continue For Malaysia Stock Market
The Malaysia stock market has moved lower in three straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's looking at another soft start again on Thursday.
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2घंटे 5 मिनट पहले
Japan Stock Market May Extend Wednesday's Losses
The Japan stock market on Wednesday snapped the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 27,720-point plateau and it may take further damage on Thursday.
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2घंटे 20 मिनट पहले
KOSPI Likely To Remain Rangebound
The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had given up almost 35 points or 1.4 percent. The KOSPI now rests just above the 2,670-point plateau and it may hand back some of those gains on Thursday.
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2घंटे 35 मिनट पहले
