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European Economics Preview: Germany Producer Price Data Due
(RTTNews) - Producer prices data from Germany is the only major statistical report due on Monday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis releases Germany's producer prices for October. Producer prices are forecast to surge 41.5 percent on a yearly basis, but slower than the 45.8 percent gain posted in September.
In the meantime, capacity utilization data is due from Sweden.
At 4.00 am ET, Bank of Greece publishes current account figures for September. The current account surplus totaled EUR 0.45 billion in August.
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Indonesia Bourse May Turn Lower Again On Monday
The Indonesia stock market on Friday halted the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,540-point plateau although it's likely to head south again on Monday.
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13 minuter sedan
Japanese Market Sharply Lower; Down 2%
The Japanese stock market is trading sharply lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 2 percent to well below the 39,950 level, with weakness across all sectors led by exporters, automakers and financial stocks.
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13 minuter sedan
No Help Yet For Hong Kong Stock Market
The Hong Kong stock market has tracked lower in four straight sessions, dropping more than 1,050 points or 4 percent along the way. The Hang Seng Index now rests just above the 24,500-point plateau and it's expected to open in the red again on Monday.
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28 minuter sedan
Lower Open Predicted For China Stock Market
The China stock market has finished lower in consecutive trading days, sinking more than 55 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,560-point plateau and the losses may accelerate on Monday.
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43 minuter sedan
Australian Market Slightly Lower
The Australian stock market is slightly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying just above the 8,650.00 level, with weakness in energy, financial and technology stocks partially offset by strong gains in mining stocks.
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43 minuter sedan
Taiwan Stock Market Tipped To Open Under Pressure On Monday
The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 340 points or 1.9 percent. The Taiwan Stock Exchange now sits just above the 23,430-point plateau and it's expected to see continued consolidation on Monday.
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1h 13minuter sedan
Singapore Shares May Take Further Damage On Monday
The Singapore stock market had finished lower in six straight sessions, surrendering almost 120 points or 2.9 percent along the way. The Straits Times Index now sits just above the 4,150-point plateau and it's expected to open under pressure again on Monday.
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1h 43minuter sedan
Japan Monetary Base Slips 3.9% On Year In July
The monetary base in Japan was down 3.9 percent on year in July, the Bank of Japan said on Monday - coming in at 643.896 trillion yen.
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1h 48minuter sedan
