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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the European session on Tuesday.
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European Shares Decline As Germany's Merz Fails To Be Elected Chancellor
European stocks were broadly lower on Tuesday as investors assessed the latest batch of earnings and awaited upcoming Fed and BoE meetings.
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Asian Shares Mixed In Thin Holiday Trade
Asian stocks ended mixed in thin holiday trade on Tuesday as investors watched the latest developments in trade negotiations and awaited further policy action from Beijing to boost consumption.
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European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey data from the euro area is the top economic news due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial production for March. Economists forecast output to grow at a slower pace of 0.4 percent month-on-month, following February's 0.7 percent increase.
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European Shares Seen Lower As Investors Weigh Trump's Tariff Threats
European stocks may open broadly lower on Tuesday as investors react to U.S. President Donald Trump's latest tariff announcements.
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China Service Sector Growth Softens In April
China's service sector grew at the slowest pace in seven months in April as disruptions to goods trade amid fresh tariffs negatively impacted new work of some service providers, survey data from S&P Global revealed Tuesday. The Caixin Services Purchasing Managers' Index fell to 50.7 in April from 51.9 in March. The reading was forecast to drop moderately to 51.7.
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Sensex, Nifty Marginally Lower In Early Trade
Indian shares struggled for direction on Tuesday as tensions between India and Pakistan simmered and media reports suggested that India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in its trade negotiations with the U.S.
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more news
Australian Market Slightly Higher In Mid-market After Early Losses
The Australian stock market is slightly higher in mid-market trading on Tuesday after early losses, reversing some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,200 level, with strong gains in gold miners nearly offset by weakness in iron ore miners, financial and some technology stocks.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, amid easing global trade concerns after US Treasury Secretary Scott Bessent said 17 trading partners, excluding China, have presented very good trade proposals and some deals may be announced as early as this week. He added there could be substantial progress on trade with China.
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Sensex, Nifty Seen Opening Flat On Muted Asian Cues
Indian shares are seen opening on a flat note Tuesday as investors weigh border tensions against easing global trade concerns.
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Thai Stock Market Due For Consolidation On Tuesday
Ahead of Monday's holiday for Coronation Day, the Thai stock market had moved higher in five straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau although it's expected to open in the red on Tuesday.
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Indonesia Shares Due For Profit Taking On Tuesday
The Indonesia stock market has moved higher in six straight sessions, advancing more than 225 points or 3.6 percent along the way. The Jakarta Composite Index now rests just above the 6,830-point plateau although investors may lock in gains on Tuesday.
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Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,200 level, with weakness in iron ore miners, financial and some technology stocks partially offset by strong gains in gold miners.
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