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Profit Taking May Dent China Stock Market
The China stock market has moved higher in four straight sessions, collecting almost 45 points or 1.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,500-point plateau although it's due for consolidation on Wednesday.
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Tech Shares May Prompt Bargain Hunting For Taiwan Shares
The Taiwan stock market has finished lower in three straight sessions, shedding almost 370 points or 1.6 percent along the way. The Taiwan Stock Exchange now sits just beneath the 22,360-point plateau although it may stop the bleeding on Wednesday.
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Japan M2 Money Stock Jumps 0.9% On Year In June
The M2 money stock was up 0.9 percent on year in June, the Bank of Japan said on Wednesday - coming in at 1,268.4 trillion yen.
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Singapore Stock Market May Spin Its Wheels On Wednesday
The Singapore stock market has moved higher in back-to-back sessions, improving almost 35 points or 0.8 percent along the way. The Straits Times Index now rests just beneath the 4,050-point plateau although the rally may stall on Wednesday.
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Malaysia Stock Market May Extend Losing Streak
The Malaysia stock market has moved lower in two straight sessions, slipping more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,530-point plateau and it may take further damage again on Wednesday.
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Renewed Selling Pressure Likely For Japan Shares
The Japanese stock market bounced higher again on Tuesday, one day after ending the two-day winning streak in which it had added just 50 points or 0.2 percent. The Nikkei 225 now sits just beneath the 39,690-point plateau although it's likely to head south again on Wednesday.
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KOSPI May Run Out Of Steam On Wednesday
The South Korea stock market has finished higher in back-to-back sessions, collecting more than 60 points or 1.9 percent along the way. The KOSPI now sits just beneath the 3,115-point plateau although investors may lock in gains on Wednesday.
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more news
New Zealand Interest Rate Decision Due On Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to hold its Official Cash Rate steady at 3.25 percent.
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U.S. Dollar Higher As Trump Delays Tariff Deadline
The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as President Donald Trump announced a delay in implementation of tariffs to August 1.
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American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey
U.S. households' inflation expectations were largely unchanged in June and they were more optimistic regarding their financial situation and access to credit in the year-ahead, results of a survey by the Federal Reserve Bank of New York showed on Tuesday.
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Swiss Market Settles Marginally Up
Despite spending much of the day's trading session in negative territory, the Switzerland market closed marginally higher on Tuesday thanks to some brisk buying in the final minutes.
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European Markets Close On Positive Note
European markets closed on a positive note on Tuesday, as investors shrugged off concerns about tariffs and picked up stocks, amid hopes major European countries will strike trade deals with the U.S. before the newly announced August 1 deadline.
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Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns
Data showing an unexpectedly strong payrolls addition curtailed the dollar's losses in a week marked by anxiety about the U.S. fiscal outlook.
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