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Berita Forex
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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Sensex, Nifty Modestly Higher In Cautious Trade
Indian shares were slightly higher on Tuesday despite U.S. stocks suffering steep losses overnight on concerns about President Donald Trump's trade war and his criticism of the Federal Reserve.
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Australian Market Pares Strong Losses In Mid-market
The Australian stock market is paring its strong early losses in mid-market trading on Tuesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 7,800 level, with weakness in technology and energy stocks partially offset by gains in gold miners and financial stocks.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the negative cues from Wall Street overnight, as traders remain concerned about a global trade war while they await signs of progress from US President Donald Trump's trade talks. Potentially adding to the worries, China has threatened to retaliate against any countries that reach a trade deal with the U.S. at the expense of China.
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Lower Open Predicted For Thai Stock Market
The Thai stock market on Monday halted the three-day winning streak in which it had advanced more than 20 points or 1.9 percent. The Stock Exchange of Thailand now sits just beneath the 1,135-point plateau and it's expected to see continued consolidation on Tuesday.
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Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling to near the 34,200 level, with weakness in exporters, technology and financial stocks.
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Rally May Stall For Indonesia Stock Market
The Indonesia stock market has tracked higher in back-to-back sessions, gathering almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just shy of the 6,450-point plateau although it may spin its wheels on Tuesday.
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Hong Kong Shares Tipped To Open In The Red
Ahead of the long Easter weekend, the Hong Kong stock market had bounced higher again on Thursday, one session after halting the six-day winning streak in which it had surged more than 1,600 points or 7.8 percent. The Hang Seng Index now sits just shy of the 21,400-point plateau although it's expected to open sharply lower on Tuesday as it catches up on missed sentiment.
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Australian Market Notably Lower
The Australian stock market is trading notably lower on Tuesday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying falling well below the 7,800 level, with weakness across most sectors led by technology stocks. Gold stocks were the only bright spot.
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China Shares May Head South Again On Tuesday
The China stock market rebounded on Mondy, one session after ending the eight-day winning streak in which it had rallied more than 180 points or 5.9 percent. The Shanghai Composite Index now sits just above the 3m290-point plateau, although it figures to see renewed selling pressure on Tuesday.
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Taiwan Shares May Take Further Damage On Tuesday
The Taiwan stock market turned lower again on Monday. One session after snapping the two-day slide in which it had slumped almost 520 points or 2.6 percent. The Taiwan Stock Exchange now sits just above the 19,100-point plateau and it's expected to open under water again on Tuesday.
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Singapore Shares Due For Consolidation
The Singapore stock market has climbed higher in five straight sessions, rallying almost 250 points or 6.5 percent along the way. The Straits Times Index now sits just shy of the 3,760-point plateau although investors figure to cash in on Tuesday.
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Malaysia Bourse: Resistance Expected At 1,500 Points
The Malaysia stock market has tracked higher in three straight sessions, collecting almost 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,500-point plateau, although the rally is likely to stall on Tuesday.
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