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European Economic News Preview: Germany Ifo Business Confidence Data Due
(RTTNews) - Business sentiment survey data from Germany and monetary aggregates from the euro area are the top economic news due on Wednesday.
At 3.00 am ET, Spain's statistical office INE releases producer prices for September. Prices had declined 10.0 percent annually in August.
At 4.00 am ET, the ifo Institute publishes Germany's business confidence survey data. The business sentiment index is seen at 85.9 in October, up from 85.7 in the prior month.
Also, the European Central Bank is slated to release euro area monetary aggregates for September. M3 is forecast to fall 1.7 percent annually, following a 1.3 percent drop in August. In the meantime, the State Secretariat for Economic Affairs publishes Swiss economic forecast.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid easing trade war tensions after leaders of the U.S. and China agreed to further talks aimed at reaching a deal. Slightly stronger than expected U.S. job growth in May also helped offset concerns about the strength of the economy following some recent downbeat data.
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Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 38,100 level, with gains across most sectors led by index heavyweights and financial stocks.
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Sensex, Nifty Set For Positive Start
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China Consumer Prices Slip 0.1% On Year In May
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Thai Stock Market May Reverse Friday's Losses
The Thai stock market headed south again on Friday, one session after ending the two-day slide in which it had slumped more than 30 points or 2.4 percent. The Stock Exchange of Thailand now rests just above the 1,135-point plateau although it figures to bounce higher again on Monday.
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Rebound Anticipated For Hong Kong Stock Market
The Hong Kong stock market on Friday ended the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 23,790-point plateau although it's likely to find renewed support on Monday.
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2 시간 30 분 전
Win Streak May Continue For China Stock Market
The China stock market has finished higher in four straight sessions, advancing more than 35 points or 1.1 percent along the way. The Shanghai Composite Index now sits just above the 3,385-point plateau and it may add to its winnings again on Monday.
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2 시간 45 분 전
Taiwan Shares Tipped To Open To The Upside On Monday
The Taiwan stock market on Friday halted the three-day winning streak in which it had jumped almost 680 points or 3.2 percent. The Taiwan Stock Exchange now sits just above the 21,660-point plateau although it's likely to find renewed support on Monday.
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3 시간 15 분 전
