New Zealand Electronic Retail Sales Data Due On Tuesday
(RTTNews) - New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a light day for Asia-Pacific economic activity. In March, sales were down 0.7 percent on month and 3.0 percent on year.
Japan will see April data for producer prices; in March, prices were up 0.2 percent on month and 0.8 percent on year.
Indonesia will provide March numbers for retail sales; in February, sales were up 6.4 percent on year.
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European Economic News Preview: Germany Wholesale Price Data Due
Wholesale price data from Germany is the only major report due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for April. Economists forecast wholesale prices to rise 0.1 percent on month, in contrast to the 0.2 percent rise in March.
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4h 12min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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4h 13min ago
European Shares Seen Higher At Open
European stocks are seen opening on a firm note Tuesday as investors await a swath of global inflation prints for direction.
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4h 36min ago
Sensex, Nifty Marginally Higher; Metal And Pharma Stocks Lead Gains
Indian shares were flat to slightly higher on Tuesday, with healthcare and metal stocks leading the surge.
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5h 55min ago
Asian Markets Mostly Higher Amid Cautious Trades
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from the European markets overnight, as traders remain cautious ahead of key inflation readings from the U.S., Europe, Japan and Australia later in the week, which could help traders access the timing and pace of interest rate cuts this year. Asian markets closed mostly higher on Monday.
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6h 33min ago
Japanese Market Modestly Lower
Giving up some of the gains in the previous session, the Japanese stock market is modestly lower on Tuesday, with the Nikkei 225 falling below the 38,800 level, despite the broadly positive cues from European markets overnight, with losses index heavyweights and technology stocks.
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7h 24min ago
Sensex, Nifty Seen Little Changed At Open
Indian shares are seen opening little changed on Tuesday as investors eagerly await the 2024 Lok Sabha election results scheduled to be announced on June 4.
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7h 40min ago
Australian Market Slightly Lower
Extending the losses in the previous five sessions, the Australian stock market is slightly lower on Tuesday after opening well in the green, despite the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is staying below the 7,800 level, with weakness in financial stocks partially offset by gains in mining and energy stocks amid firmer commodity prices.
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8h 29min ago
