Australia Unemployment Data Due On Thursday

Sensex, Nifty Open Higher Ahead Of RBI Meet

Indian shares traded higher on Thursday as weak U.S. economic data reinforced speculation that the Federal Reserve will cut interest rates at least twice this year.

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European Economic News Preview: ECB To Cut Interest Rates

The European Central Bank is widely expected to cut its interest rates on Thursday after inflation fell below the 2 percent target in May. Markets expect the bank to lower the deposit rate by another 25 basis points to 2.00 percent. The bank has reduced the policy rates by a quarter points each in every rate-setting session since September.

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Australian Market Slips To Slight Losses In Mid-market

The Australian market is slipping to slight losses in mid-market moves on Thursday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,550 level, with by weakness in energy and financial stocks partially offset gains in iron ore miners and some technology stocks.

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Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, amid optimism about the outlook for interest rates after the release of some weaker than expected U.S. economic data, which raised concerns about the strength of the economy. Asian markets closed mostly higher on Wednesday.

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Sensex, Nifty Set For Muted Start

Indian shares look set to open largely unchanged on Thursday as investors look ahead to the Reserve Bank of India's (RBI) monetary policy decision on June 6, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.

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Recovery Anticipated For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, separated by the long holiday weekend - giving up more than 30 points or 2.4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,130-point plateau although it's likely to bounce higher again on Thursday.

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Japanese Market Modestly Lower

The Japanese market is trading modestly lower on Thursday, reversing some of the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,650 level, with weakness in automakers, exporters and financial stocks partially offset by gains in technology stocks.

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Higher Open Tipped For Indonesia Stock Market

The Indonesia stock market on Wednesday snapped the three-day slide in which it had dropped more than 150 points or 2.2 percent. The Jakarta Composite Index now rests just beneath the 7,070-point plateau and it's expected to open to the upside again on Thursday.

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EURUSD	1.14109	GBPUSD	1.35452	AUDUSD	0.6491
USDJPY	143.035	USDCAD	1.3678	USDCHF	0.81903

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Australia Unemployment Data Due On Thursday