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European Shares Set For Steady Opening Ahead Of US Inflation Data
European stocks may open on a steady note Wednesday, with trading later in the day likely to be driven by U.S. consumer inflation data.
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Japan Core Machinery Orders Unexpectedly Decline
Japan's core machinery orders unexpectedly declined in May signaling a notable fall in capital spending on machinery and equipments, data from the Cabinet Office revealed Wednesday. Producer price inflation slowed for the sixth consecutive month in June on lower energy cost, another official data showed today.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.
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NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.
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Australian Dollar Advances Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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Sensex, Nifty Open Higher On Global Cues
Indian shares opened on a positive note Wednesday, mirroring firm cues from global markets ahead of key U.S. inflation data due out later in the day.
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Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as traders react positively to comments from several US Fed officials suggesting the U.S. central bank is nearing the end of its rate-hiking cycle.
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Sensex, Nifty To See Cautious Start Ahead Of Key Earnings
Indian shares are seen opening flat to slightly lower on Wednesday as investors await the June quarter numbers of IT companies for directional cues.
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TSX Ends Slightly Down
Canadian stocks turned in a mixed performance on Monday as investors largely stayed cautious ahead some key U.S. economic data, including a report on consumer price inflation.
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Dollar Extends Losses Against Major Rivals
The U.S. dollar traded weak on Monday, extending losses from the previous session, with traders looking ahead to some crucial data, including the inflation numbers.
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Swiss Market Ends On Firm Note
The Switzerland stock market opened slightly lower Monday morning, but swiftly moved into positive territory and stayed firm right through the day's session to eventually close on a firm note.
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European Stocks Close Broadly Higher
European stocks closed higher on Monday, led by gains in energy sector. Investors shrugged off data showing a drop in eurozone investors sentiment, and picked up stocks amid hopes the Chinese government will announce more stimulus to boost the economy.
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U.S. Wholesale Inventories Virtually Unchanged In May
Wholesale inventories in the U.S. were roughly flat in the month of May, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories were virtually unchanged in May after falling by a revised 0.3 percent in April.
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