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China Services PMI Data Due On Wednesday
(RTTNews) - China will on Wednesday see March results for the Services PMI from Caixin, highlighting a modest day for Asia-Pacific economic activity. The index is tipped to see a score of 52.7, up from 52.5 in February.
Japan also will see March Services PMI data, from Jibun Bank, with forecasts suggesting a score of 54.9 - steady from the previous month.
Australia will see March results for both the manufacturing and construction indexes from AiG; in February, their scores were -12.6 and -18.4, respectively.
Hong Kong will release February figures for retail sales; in January, sales were up 0.9 percent on year.
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South Korea Shares Due For Profit Taking
The South Korea stock market has moved higher in seven straight sessions, surging more than 170 points or 5.4 percent along the way. Now at a record closing high, the KOSPI rests just above the 3,310-point plateau although investors may lock in gains on Thursday.
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20 minuter sedan
Swiss Franc Falls Against Majors
The Swiss franc dropped against its major counterparts in the New York session on Wednesday.
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2h 30minuter sedan
Swiss Market Ends Moderately Lower
After a brief spell in positive territory early on in the session on Wednesday, the Switzerland market turned a bit easy and moved along the flat line till around mid afternoon before losing ground to eventually close on a negative note.
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5h 19minuter sedan
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors digested data showing a modest drop in U.S. producer prices in the month of August, and continued to assess the developments on the trade front. Some of the major markets started off on a firm note, but failed to sustain at higher levels.
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5h 49minuter sedan
U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected
Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories crept up by 0.1 percent in July after rising by an upwardly revised 0.2 percent in June.
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9h 2minuter sedan
U.S. Producer Prices Unexpectedly Edge Slightly Lower In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by U.S. producer prices in month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after climbing by a downwardly revised 0.7 percent in July.
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9h 24minuter sedan
U.S. Producer Prices Unexpectedly Edge Down 0.1% In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by producer prices in the U.S. in the month of August.
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10h 43minuter sedan
Bay Street Seen Opening Higher
Canadian stocks are likely to open higher on Wednesday, tracking firm oil and metal prices. The mood may change a bit cautious at higher levels with investors looking ahead to the crucial U.S. inflation data, due later in the week.
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10h 52minuter sedan
