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Berita Forex
Antipodean Currencies Slide Amid Risk Aversion
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday amid risk aversion, following the mostly negative cues from global markets overnight, as major currencies in the region were hit by a stronger U.S. dollar. Technology stocks are bearing the brunt after Barclays cut the iPhone maker Apple's rating to underweight and trimmed its price target.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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European Economic News Preview: Germany Unemployment Data Due
Unemployment from Germany and Spain are the major reports due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Turkish Statistical Institute publishes consumer and producer prices for December. Inflation had surged to 61.98 percent in November from 61.36 percent in October.
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European Shares Set To Drop As Investors Await Fed Minutes
European stocks are likely to open on a tepid note Wednesday as investors keep a wary eye on movements in bond markets for directional cues.
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Sensex, Nifty Edge Lower As IT And Metal Stocks Drag
Indian shares opened lower on Wednesday as Fed rate cut optimism faded and investors looked for cues from this week's Fed minutes and U.S. jobs data.
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Asian Markets Mostly Lower
Asian stock markets are mostly lower on Wednesday, following the mostly negative cues from global markets overnight, as major currencies in the region were hit by a stronger US dollar. Technology stocks are bearing the brunt after Barclays cut the iPhone maker Apple's rating to underweight and trimmed its price target. Asian markets closed mixed on Tuesday.
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more news
Sensex, Nifty Set To Drift Lower On Weak Global Cues
Indian shares are likely to open on a downbeat note Wednesday, tracking downbeat cues from global markets.
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Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, gaining almost 25 points or 1.6 percent along the way. The Stock Exchange of Thailand now rests just shy of the 1,435-point plateau although it's expected to run out of steam on Wednesday.
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Australian Market Sharply Lower
Australian shares are trading sharply lower on Wednesday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling well below the 7,600 level, following the mostly negative cues from global markets overnight, with losses across most sectors led by technology and mining stocks.
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Renewed Selling Pressure Expected For Indonesia Stock Market
The Indonesia stock market bounced higher again on Tuesday, one session after ending the three-day winning streak in which it had gained almost 85 points or 1.4 percent. The Jakarta Composite Index now rests just beneath the 7,325-point plateau although it figures to head south again on Wednesday.
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Hong Kong Shares Tipped To Open Under Pressure
The Hong Kong stock market on Tuesday wrote a finish to the three-day winning streak in which it had jumped more than 700 points or 3.8 percent. The Hang Seng Index now sits just shy of the 16,790-point plateau and it's expected to extend its losses on Wednesday.
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Continued Consolidation Predicted For China Stock Market
The China stock market on Tuesday ended the three-day winning streak in which it had gained more than 75 points or 2.5 percent. The Shanghai Composite Index now rests just above the 2,960-point plateau and it may take further damage on Wednesday.
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