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European Economic News Preview: Germany Industrial Output, Trade Data Due
(RTTNews) - Industrial production and foreign trade from Germany and retail sales from the euro area are the top economic news due on Thursday.
At 2.00 am ET, Destatis is slated to issue Germany's industrial output and trade figures. Economists forecast industrial output to grow 0.5 percent on month in November, in contrast to the 1.0 percent fall in October. Exports are expected to rebound 2.0 percent on month in November and imports to climb 0.7 percent.
At 3.00 am ET, industrial production and unemployment reports are due from the Czech Republic.
At 5.00 am ET, Eurostat releases euro area retail sales figures. Sales are expected to grow 0.3 percent on month after falling 0.5 percent in October.
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Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains in financial stocks and a mixed performance across most other sectors.
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14 минут назад
Hang Seng Tipped To End Losing Streak
The Hong Kong stock market has moved lower in three straight sessions, sinking more than 550 points or 2.2 percent in that span. The Hang Seng Index now sits just shy of the 25,060-point plateau although it's due for support on Friday.
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16 минут назад
China Stock Market May Find Traction On Friday
The China stock market has moved lower in three straight sessions, dropping more than 110 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,760-point plateau although it may stop the bleeding on Friday.
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31 минут назад
Higher Open Called For Taiwan Stock Market
The Taiwan stock market has tracked higher in consecutive trading days, collecting more than 160 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,180-point plateau expected to open to the upside again on Friday.
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1ч 1мин назад
Singapore Shares May Crack Resistance At 4,300 Points
The Singapore stock market ticked higher again on Thursday, one day after ending the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,300-point plateau and it may see additional support on Friday.
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1ч 31мин назад
Japan Household Spending Jumps 1.7% In July
The average of household spending in Japan was up a seasonally adjusted 1.7 percent on month in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 305,694 yen.
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1ч 54мин назад
Japan Bourse May Extend Thursday's Gains
The Japanese stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,580-point plateau and it may add to its winnings on Friday.
RTTNews
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2ч 1мин назад
Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, collecting more than 55 points or 1.8 percent along the way. The KOSPI now rests just above the 3,200-point plateau and it may extend its gains again on Friday.
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2ч 31мин назад
