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European Economic News Preview: Italy Consumer & Business Sentiment Due
(RTTNews) - Consumer and business sentiment from Italy and revised GDP from Spain are the top economic news due on Friday.
At 3.00 am ET, Spain's statistical office INE publishes revised GDP data for the second quarter. The flash estimate showed that the economy expanded 0.7 percent after rising 0.6 percent in the first quarter.
At 4.00 am ET, Italy's statistical office ISTAT is set to release monthly consumer and business sentiment data. The business confidence index is seen rising to 87.5 in September from 87.4 in the previous month.
In the meantime, S&P Global issues Austria's manufacturing Purchasing Managers' survey data.
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European Shares Poised For Mixed Open; US Inflation Data Eyed
European stocks are seen opening on a mixed note Friday, after having touched three-week lows in the previous session on worries about the outlook for rates and growth.
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1h 38min ago
Sensex, Nifty Extend Recent Losses On Tariff Worries
Indian shares traded lower on Friday, extending recent losses after the Trump administration said it would impose new tariffs on heavy trucks, drugs and kitchen cabinets.
RTTNews
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2h 32min ago
Australian Market Swings To Gains In Mid-market
The Australian stock market is swinging to gains in mid-market moves on Friday, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,750 level, with gains in iron miners and financial stocks partially offset by weakness in gold miner and technology stocks.
RTTNews
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3h 43min ago
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as U.S. President Donald Trump announced a new round of tariffs ranging from 25 to 100 percent on upholstered furniture, kitchen cabinets, heavy trucks and branded drugs starting October 1. Asian markets ended mixed on Thursday.
RTTNews
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4h 8min ago
Sensex, Nifty Set To Extend Losses As Trump Slaps 100% Tariff On Pharma
Indian shares look set to extend recent losses on Friday after U.S. President Donald Trump announced a new round of tariffs, saying the United States will impose a 100 percent tariff on imported branded drugs, 25 percent tariff on imports of all heavy-duty trucks and 50 percent tariff on kitchen cabinets.
RTTNews
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4h 42min ago
Winning Streak May End For Thai Shares
The Thai stock market has tracked higher in two straight sessions, gathering more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau although it may be stuck in neutral on Friday.
RTTNews
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5h 15min ago
Japanese Market Modestly Lower
Snapping a three-session winning streak, the Japanese market is modestly lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,700 level, with weakness in technology stocks partially offset by gains in exporters and financial stocks.
RTTNews
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5h 38min ago
Lower Open Called For Indonesia Stock Market
The Indonesia stock market on Thursday snapped the two-day winning streak in which it had advanced more than 85 points or 1.1 percent. The Jakarta Composite Index sits just above the 8,040-point plateau and it may spin its wheels again on Friday.
RTTNews
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5h 45min ago
