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Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release January figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In December, overall inflation was up 0.2 percent on month and 4.0 percent on year; core CPI also rose 4.0 percent on year.
Malaysia will provide January data for inflation, with forecasts suggesting an increase of 3.7 percent on year, easing from 3.8 percent in December.
Singapore will see January numbers for industrial production, with forecasts suggesting a decline of 0.1 percent on month and an increase of 2.9 percent on year. That follows the 3.2 percent monthly increase and the 3.1 percent yearly decline in December.
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Sensex, Nifty Modestly Higher In Lackluster Trade
Indian shares opened on a positive note Wednesday due to Fed rate cut expectations and signs of easing U.S.-China trade tensions.
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26 minutes ago
Australian Market Sharply Extends Early Losses In Mid-market
The Australian stock market is sharply expending its early losses in mid-market moves on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 8,950 level, despite the broadly positive cues from Wall Street overnight, as domestic inflation jumped higher-than-expected, with weakness in financial and technology stocks.>
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1h 16min ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and are reluctant to make more significant moves ahead of the U.S. Fed's interest rate decision later in the day and are optimistic about a potential trade deal between the U.S. and China. Asian markets closed mostly lower on Tuesday.
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1h 40min ago
Sensex, Nifty Seen Higher On Firm Global Cues
Indian shares look set to open higher on Wednesday, mirroring firm cues from global markets following upbeat news from Nvidia and Microsoft.
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2h 0min ago
Thai Shares May See Renewed Support On Wednesday
The Thai stock market on Tuesday ended the five-day winning streak in which it had picked up more than 50 points or 3.9 percent. The Stock Exchange of Thailand now rests just shy of the 1,315-point plateau although it may tick higher again on Wednesday.
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2h 45min ago
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Wednesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 50,800 level, with gains in exporters and technology stocks.
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3h 28min ago
China Shares Poised To Open In The Green
The China stock market on Tuesday ended the three-day winning streak in which it had collected more than 80 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,990-point plateau although it may move higher again on Wednesday.
RTTNews
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3h 45min ago
Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, reversing some of the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 9,000 level, despite the broadly positive cues from Wall Street overnight, with weakness in financial and technology stocks.
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3h 52min ago
