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New Zealand Card Retail Sales Data Due On Tuesday
(RTTNews) - New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. In March, sales sank 0.8 percent on quarter and 1.6 percent on year.
Japan will provide April numbers for producer prices, with forecasts suggesting an increase of 0.2 percent on month and 4.0 percent on year - easing from 0.4 percent on month and 4.2 percent on year in March.
Australia will see Q1 data for wage prices; in the three months prior, wage prices were up 0.7 percent on quarter and 3.2 percent on year.
South Korea will release April numbers for unemployment; in March, the jobless rate was 2.9 percent.
Finally, the markets in Indonesia remain closed on Tuesday for Wesak Day.
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European Economic News Preview: UK GDP & Foreign Trade Data Due
First quarterly GDP estimates and foreign trade from the UK and flash GDP and employment from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK GDP, industrial output and foreign trade figures. The economy is expected to remain flat on month in March after expanding 0.5 percent in February.
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14 minutes ago
Australian Market Turns To Modest Gains In Mid-market
The Australian market is turning its early losses to modest gains in mid-market on Thursday, after being in the red most of the morning session, extending the gains in the previous six sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,300 level, with gains in financial and technology stocks nearly offset by weakness in mining stocks.
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1h 36min ago
Indian Market Likely To Open On Cautious Note
Subdued GIFT Nifty, weak Asian stocks and the overnight mixed close on Wall Street point to a slightly negative start for Indian shares Thursday morning.
Investors are likely to react to a slew of quarterly earnings announcements.
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1h 43min ago
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious amid continued uncertainty surrounding US President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K. Asian Markets closed mostly higher on Wednesday.
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1h 47min ago
Mild Upside Seen For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last six trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's poised to inch higher again on Thursday.
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3h 1min ago
Japanese Market Significantly Lower
The Japanese market is trading significantly lower on Thursday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,800 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
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3h 23min ago
Indonesia Bourse May Test Resistance At 7,000 Points
The Indonesia stock market has finished higher in two straight sessions, improving more than 150 points or 2.2 percent in that span. The Jakarta Composite Index now rests just beneath the 6,980-point plateau although investors may lock in gains on Thursday.
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3h 31min ago
Oversold Hang Seng Nonetheless Called Higher Again
The Hong Kong stock market bounced higher again on Wednesday, one day after snapping the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,640-point plateau although it may tick higher again on Thursday.
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3h 46min ago
