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European Economic News Preview: Spain Unemployment Data Due
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(RTTNews) - Unemployment from Spain is the top economic news due on Tuesday, headlining a light day for the European economic news.
At 2.30 am ET, the Federal Statistical Office releases Swiss consumer prices for September. Inflation is forecast to rise to 1.8 percent from 1.6 percent in August.
At 3.00 am ET, Spain's labor office is scheduled to publish unemployment data for September. The jobless claims are forecast to fall 12,200 after an increase of 24,800 in August.
At 6.00 am ET, Italy's statistical office releases non-EU trade data for July. The surplus totaled EUR 9.45 billion in June.
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Australian Dollar Advances Against Some Majors
The Australian dollar strengthened against some major counterparts in the Asian session on Thursday.
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European Shares Seen Mixed As Focus Shifts To US-Russia Talks
European stocks are seen opening on a mixed note Thursday as traders eagerly await a high-profile meeting between U.S. President Donald Trump and Russian President Vladimir Putin scheduled for Friday.
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European Economic News Preview: UK GDP & Foreign Trade Data Due
Monthly GDP estimates and foreign trade from the UK and flash quarterly national accounts and employment from the euro area are due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial output and foreign trade data. The economy is forecast to grow 0.2 percent on a monthly basis in June, reversing a 0.1 percent fall in May.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Sensex, Nifty Marginally Higher Ahead Of US-Russia Talks
Indian shares were marginally higher in early trade on Thursday, mirroring mostly positive cues from global markets ahead of the August 15 meeting between the U.S. President Donald Trump and his Russian counterpart Vladimir Putin.
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Australian Market Extends Early Gains In Mid-market
The Australian market is extending early gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,900 level to fresh all-time highs, with gains in mining, energy and financial stocks.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, on continued optimism over the outlook for interest rates, with the US Fed widely expected to lower rates by a least a quarter point next month. Asian markets closed mostly higher on Wednesday.
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Sensex, Nifty Seen Flat To Lower At Open
Indian shares may open flat to slightly lower on Thursday despite mostly positive cues from global markets.
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