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Win Streak May Continue For Malaysia Stock Market
The Malaysia stock market has moved higher in four straight sessions, collecting more than 30 points or 2.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,435-point plateau and it's tipped to open in the green again on Wednesday.
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Additional Support Predicted For South Korea Shares
The South Korea stock market has moved higher in three straight trading days, collecting almost 40 points or 1.5 percent along the way. The KOSPI now rests just above the 2,635-point plateau and it may tick higher again on Wednesday.
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Australia Inflation Data On Tap For Wednesday
Australia will on Wednesday release Q2 numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity.
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South Korea Consumer Confidence Improves In July - BoK
Consumer confidence in South Korea strengthened in July, the Bank of Korea said on Wednesday with a consumer confidence index score of 103.2.
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TSX Ends Marginally Down
The Canadian market ended marginally down on Tuesday after stocks turned in a mixed performance.
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Dollar Turns In Mixed Performance Ahead Of Fed Policy
The U.S. dollar turned in a mixed performance against its major counterparts on Tuesday, struggling to find support at higher levels as traders awaited the Federal Reserve's monetary policy announcement on Wednesday.
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Swiss Market Ends On Firm Note
The Switzerland stock market shrugged off a mild mid morning setback ended on a firm note on Tuesday with several frontline counters attracting strong buying interest.
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more news
European Stocks Close Broadly Higher
European stocks closed broadly higher on Tuesday with those from the mining sector posting impressive gains as metal prices surged on optimism about increased demand from China.
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U.S. Consumer Confidence Index Jumps To Two-Year High In July
Reflecting pops in both current conditions and expectations, the Conference Board released a report on Tuesday showing U.S. consumer confidence improved by much more than expected in the month of July.
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Dollar Rebounds Ahead Of Fed Review
The week ended July 21 witnessed renewed Fed jitters causing the U.S. dollar to reverse a two-week slide and rebound against major currencies.
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GE Boosts FY23 Outlook As Q2 Results Top Estimates
Industrial conglomerate General Electric Co. reported Tuesday a net loss for the second quarter that sharply narrowed from last year, driven by improved profit margins and 18 percent revenue growth. Adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also raised its outlook for the full-year 2023.
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Euro Down As German Business Sentiment Worsens
The euro dropped against its major counterparts in the European session on Tuesday, as German business confidence deteriorated for the third straight month in July, triggering concerns about economic recovery in Europe's largest economy.
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German Ifo Business Sentiment Hits 8-Month Low
German business confidence deteriorated for the third straight month to hit an eight-month low in July, signaling another quarter of economic contraction and a prolonged recession this year. The business climate index fell to 87.3 in July from 88.6 in the previous month, a monthly survey conducted by the ifo institute showed on Tuesday. The expected score was 88.0.
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