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Berita Forex
China Shares Waiting On GDP Data
The China stock market turned lower again on Thursday, one day after halting the three-day losing streak in which it had slumped more than 80 points or 2.6 percent. The Shanghai Composite Index now sits just above the 3,280-point plateau and it figures to open flat on Friday.
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Little Movement Expected For Taiwan Stock Market
The Taiwan stock market has moved higher in consecutive trading days, improving almost 490 points or 3.3 percent along the way. The Taiwan Stock Exchange now rests just beneath the 14,440-point plateau although it may spin its wheels on Friday.
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Singapore Stock Market Tipped To Be Rangebound On Friday
The Singapore stock market has finished lower in back-to-back sessions, slumping more than 55 points or 1.7 percent along the way. The Straits Times Index now rests just above the 3,090-point plateau and it's expected to remain in that neighborhood again on Friday.
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Renewed Selling Pressure Tipped For Malaysia Shares
The Malaysia stock market rebounded on Thursday, one session after snapping the two-day winning streak in which it had gathered more than 7 points or 0.5 percent. The Kuala Lumpur Composite Index now rests just above the 1,420-point plateau although it may head south again on Friday.
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Mild Upside Predicted For South Korea Stock Market
The South Korea stock market headed south again on Thursday, one session after snapping the two-day slide in which it had fallen more than 30 points or 1.3 percent. The KOSPI now rests just above the 2,320-point plateau and it may tick higher again on Friday.
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New Zealand Manufacturing Sector Slips Into Contraction - BusinessNZ
The manufacturing sector in New Zealand fell back into contraction territory in June, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 48.7.
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China GDP Data Due On Friday
China is scheduled to release a raft of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are Q2 numbers for gross domestic product and June figures for industrial production, retail sales, fixed asset investment, house prices and unemployment.
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TSX Extends Losses To 5th Straight Session, Ends Sharply Lower
The Canadian market tumbled on Thursday as fears about a recession due to aggressive monetary tightening by central banks to rein in inflation rendered the mood bearish.
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South Korea Export Prices Rise 1.1% In June
Export prices in South Korea were up 1.1 percent on month in June, the Bank of Korea said on Friday - moderating from the 3.0 percent increase in May.
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Dollar Rises Against Rivals On Rate Hike Bets
The U.S. dollar climbed higher against its major rivals on Thursday, riding on expectations about aggressive monetary tightening by the Federal Reserve after data showed a bigger-than-expected increase in U.S. inflation in the month of June.
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Canadian Market Down Sharply In Negative Territory As Selling Continues
The Canadian market is languishing deep down in negative territory Thursday afternoon with stocks from across several sectors reeling under sustained selling pressure amid mounting worries about growth and looming aggressive policy tightening by central banks.
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Swiss Market Ends Lower Again As Growth Worries Weigh
The Switzerland stock market ended on a weak note on Thursday, extending losses from the previous session, as rising worries about slowing global economic growth continued to weigh on sentiment.
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European Stocks Close Lower On Growth Worries
European stocks closed lower on Thursday as investors continued to react to hotter-than-expected U.S. inflation data, which has raised expectations that the Fed might aggressively hike rates in the coming months.
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