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European Economic News Preview: German Inflation, Unemployment Data Due
Flash inflation and unemployment from Germany are due on Thursday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis releases Germany's ILO unemployment data and import price figures. Import prices are forecast to fall 1.6 percent on a yearly basis in June, following a 1.1 percent drop in May.
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Sensex, Nifty Decline As Trump Slaps 25% Tariffs On India
Indian shares were notably lower on Thursday after the United States slapped a 25 percent tariff on India, effective August 1, and threatened further penalty on Russian oil and BRICS.
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Australian Market Trims Early Losses In Mid-market
The Australian market is trimming early losses in mid-market moves on Thursday, reversing some of the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,750 level, with weakness cross most sectors led by mining and energy stocks.
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Asian Markets Mostly Lower On Tariff Worries
Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the final deadline of August 1 set by the US President Donald Trump for reaching trade deals with its trading partner countries. Trump hinted at higher tariffs on certain countries after the deadline. Asian markets closed mixed on Wednesday.
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Sensex, Nifty Set For Weak Start On Tariff Concerns
Indian shares may open on a sluggish note Thursday after the United States slapped a 25 percent tariff on India, effective August 1, and threatened further penalty on Russian oil and BRICS.
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Thai Stock Market May Run Out Of Steam On Thursday
The Thai stock market has finished higher in three straight sessions, collecting more than 30 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,245-point plateau although it may spin its wheels on Thursday.
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Australia Export Prices Sink 4.5% In Q2
Export prices in Australia were down 4.5 percent on quarter and 3.3 percent on year in the second quarter of 2025, the Australian Bureau of Statistics said on Thursday.
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Japanese Market Notably Higher
The Japanese market is trading notably higher on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 41,950 level, with gains in financial and technology stocks and a mixed performance in most other sectors.
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Australia Retail Sales Rise 1.2% In June
Retail sales in Australia were up a seasonally adjusted 1.2 percent on month in June, the Australian Bureau of Statistics said on Thursday - coming in at A$37.906 billion.
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Australia Building Approvals Jump 11.9% In June
The total number of building approvals issued in Australia was up a seasonally adjusted 11.9 percent on month in June, the Australian Bureau of Statistics said on Thursday - standing at 17,076.
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China Manufacturing PMI Slips In July
The manufacturing sector in China continued to contract in July, and at a faster rate, the latest survey from the National Bureau of Statistics showed on Thursday with a manufacturing PMI score of 49.3.
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Lower Open Called For Indonesia Stock Market
The Indonesia stock market on Wednesday halted the five-day winning streak in which it had jumped more than 260 points or 2.8 percent. The Jakarta Composite Index now sits just beneath the 7,550-point plateau and it may tick lower again on Thursday.
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Australian Market Modestly Lower
The Australian market is trading modestly lower on Thursday, reversing some of the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,750 level, with weakness cross most sectors led by mining and energy stocks.
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