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Australia Building Approval Data Due On Tuesday
(RTTNews) - Australia will on Tuesday release August numbers for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to rise 7.0 percent on month following the 8.1 percent contraction in July.
Australia also will see September results for the business confidence and conditions surveys from NAB; in August, their scores were +2 and +13, respectively.
Japan will provide August data for current account, with forecasts suggesting a surplus of 2.41 trillion yen following the 2.76 trillion yen surplus in July.
Malaysia will see August numbers for unemployment; in July, the jobless rate was 3.4 percent.
Finally, the Taiwan stock market remains shuttered for the National Day holiday and will return to action on Wednesday.
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Australian Market Doubles Early Losses In Mid-market
The Australian stock market is doubling its early losses in mid-market moves on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling below the 8,800 level, following the broadly negative cues from Wall Street overnight, with weakness in gold miners, financial and technology stocks partially offset by gains in iron ore miners and energy stocks.
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41 minuter sedan
Asian Markets Track Wall Street Lower
Asian stock markets are mostly lower on Wednesday, following the negative cues from Wall Street overnight, amid rising ambiguity over the outlook for interest rates after US Fed Chair Jerome Powell gave little indication about the future path of interest rates. Renewed trade tensions with the United States and the escalating tensions in Europe and the Middle East are weighing on market sentiment.
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58 minuter sedan
Sensex, Nifty Seen Lower On Weak Global Cues
Indian shares may open a tad lower on Wednesday, tracking weak cues from global markets and amid renewed trade tensions with the United States.
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1h 19minuter sedan
Losing Streak May Continue For Thai Stock Market
The Thai stock market has moved lower in five straight sessions, shedding more than 35 points or 2.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,270-point plateau and it may take further damage again on Wednesday.
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2h 6minuter sedan
Japanese Market Modestly Lower
The Japanese stock market is modestly lower in post-holiday trading on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,450 level, with a lack of direction leading to a mixed performance across most sectors.
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2h 31minuter sedan
Indonesia Stock Market May Be Stuck In Neutral On Wednesday
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the seven-day winning streak in which it had surged almost 400 points or 5 percent. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,125-point plateau although it's due for profit taking on Wednesday.
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2h 36minuter sedan
Lower Open Expected For Hong Kong Stock Market
The Hong Kong stock market has finished lower in two straight sessions, shedding almost 400 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 26,160-point plateau and it's tipped open under pressure again on Wednesday.
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2h 51minuter sedan
Australian Market Notably Lower
Australian shares are trading notably lower on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling below the 8,000 mark, following the broadly negative cues from Wall Street overnight, with weakness in gold miners, financial and technology stocks partially offset by gains in iron ore miners and energy stocks.
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3h 0minuter sedan
