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European Economic News Preview: German Ifo Business Confidence Data Due
(RTTNews) - Business sentiment from Germany and final inflation from the euro area are the top economic news due on Monday.
At 2.00 am ET, capacity utilization figures are due from Turkey.
At 4.00 am ET, the ifo Institute is scheduled to issue Germany's business confidence survey results. The business climate index is forecast to rise to 85.9 in February from 85.1 in January.
In the meantime, retail sales data is due from Poland.
At 5.00 am ET, Eurostat releases euro area final inflation data for January. Final inflation is expected to rise to 2.5 percent, in line with the flash estimate, from 2.4 percent in December. Core inflation is seen unchanged at 2.7 percent.
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Taiwan Stock Market Tipped To Open In The Green
The Taiwan stock market bounced higher again on Friday, one day after snapping the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,840-point plateau although it's likely to tick higher again on Monday.
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30 minutes ago
Higher Open Anticipated For Singapore Stock Market
The Singapore stock market has moved higher in two straight sessions, collecting more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,900-point plateau and it may add to its winnings on Monday.
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1h 0min ago
Malaysia Stock Market Tipped To Open To The Upside
The Malaysia stock market has ticked lower in back-to-back sessions, shedding almost a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau although it may find support on Monday.
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1h 30min ago
Japan Stock Market May Find Support On Monday
The Japanese stock market has moved lower in three straight sessions, dropping almost 450 points or 1.3 percent along the way. The Nikkei 225 now sits just above the 37,750-point plateau although it may find traction on Monday.
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1h 45min ago
Additional Support Expected For South Korea Shares
The South Korea stock market bounced higher again on Friday, one day after ending the three-day winning streak in which it had advanced more than 60 points or 2.4 percent. The KOSPI now sits just above the 2,625-point plateau and it may add to its winnings on Monday.
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2h 0min ago
China Data On Tap For Monday
China is scheduled to release a batch of data on Monday, headlining a busy day for Asia-Pacific economic activity. On Tap are April figures for industrial production, retail sales, fixed asset investment, house prices and unemployment.
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3h 0min ago
U.S. Dollar Higher On Trade Hopes
The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
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2 days ago
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data
After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note.
Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
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2 days ago
