European Economic News Preview: UK GDP & Foreign Trade Data Due

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European Economic News Preview: UK GDP & Foreign Trade Data Due

(RTTNews) - GDP monthly estimates and foreign trade figures are the top economic news due on Monday, headlining a light day for the European economic news.

At 1.00 am ET, Finland's current account data is due for October. At 2.00 am ET, the Office for National Statistics publishes UK monthly GDP, industrial production and foreign trade data. The economy is forecast to grow 0.4 percent on a monthly basis in October, in contrast to the 0.6 percent contraction a month ago.

The UK visible trade deficit is seen almost unchanged at GBP 15.65 billion in October.

At 3.00 am ET, the Czech Statistical Office publishes consumer prices data for November. Inflation is expected to rise to 15.6 percent in November from 15.1 percent in October.

At 8.00 am ET, the UK monthly GDP tracker is due from the National Institute of Economic and Social Research.

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Indonesia Bourse May Test Resistance At 7,800 Points

Indonesia Bourse May Test Resistance At 7,800 Points

The Indonesia stock market has tracked higher in three straight sessions, improving more than 300 points or 4 percent along the way. The Jakarta Composite Index now sits just above the 7,790-point plateau and it may at least open higher again on Wednesday.
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Additional Support Called For Hong Kong Stock Market

Additional Support Called For Hong Kong Stock Market

The Hong Kong stock market has moved higher in back-to-back sessions, gathering more than 110 points or 0.4 percent along the way. The Hang Seng Index now rests just beneath the 24,970-point plateau and it's expected to open to the upside again on Wednesday.
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Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday after opening in the green, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,900 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
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China Bourse May Extend Winning Streak

China Bourse May Extend Winning Streak

The China stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.9 percent along the way. The Shanghai Composite Index now sits just above the 3,665-point plateau and it may add to its winnings on Wednesday.
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Taiwan Stock Market Expected To Open In The Green

Taiwan Stock Market Expected To Open In The Green

The Taiwan stock market has moved higher in four straight sessions, rallying more than 700 points or 3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,160-point plateau and it may see additional support again on Wednesday.
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Singapore Shares May Stop The Bleeding On Wednesday

Singapore Shares May Stop The Bleeding On Wednesday

The Singapore stock market has finished lower in three straight sessions, slipping almost 40 points or 0.9 percent along the way. The Straits Times Index now sits just above the 4,220-point plateau although it may find traction on Wednesday.
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Win Streak May Continue For Malaysia Stock Market

Win Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved higher in six straight sessions, collecting more than 40 points or 2.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,565-point plateau and it's tipped to open in the green again on Wednesday.
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