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Australia Data On Tap For Tuesday
(RTTNews) - Australia is scheduled to release a batch of data on Tuesday, headlining a light day for Asia-Pacific economic activity, On tap are April figures for retail sales and Q1 data for current account and company profits.
Retail sales are expected to add 0.1 percent on month after slipping 04 percent in March. The current account is tipped to show a surplus of A$5.9 billion, down from A$11.8 billion in the previous three months. Company profits are seen lower by 0.9 percent on quarter after climbing 7.4 percent in the three months prior.
Japan will see May results for its monetary base, with forecasts suggesting an increase of 2.2 percent on year - up from 1.8 percent in April.
South Korea will provide May data for consumer prices, with forecasts suggesting an increase of 0.2 percent on month and 2.8 percent on year. That follows the flat monthly reading and the 2.9 percent increase in April.
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Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.
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49 minutos atrás
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.
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1 h 10 min atrás
Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs
Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.
RTTNews
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1 h 41 min atrás
Lower Open Called For Thai Stock Market
The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday.
The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews
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2 h 21 min atrás
Japanese Market Significantly Lower
The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
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2 h 49 min atrás
Indonesia Bourse May Hand Back Monday's Gains
The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday.
The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews
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2 h 51 min atrás
Hong Kong Shares May Be Stuck In Neutral On Tuesday
The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday.
The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews
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3 h 6 min atrás
Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.
RTTNews
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3 h 9 min atrás
