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Japan Trade Data On Tap For Wednesday
(RTTNews) - Japan will on Wednesday release November numbers for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
Imports are expected to sink 8.6 percent on year after dropping 12.5 percent in October. Exports are called higher by an annual 1.5 percent, easing from 1.6 percent in the previous month. The trade deficit is pegged at 962.4 billion yen following the 661.0 billion yen shortfall a month earlier.
Taiwan will see November figures for export orders; in October, orders were down 4.6 percent on year.
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Sensex, Nifty Give Up Early Gains
Indian shares gave up early gains to trade on a flat note Monday amid escalating trade tensions with the United States.
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Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market trading on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid increasing optimism about the US Fed cutting interest rate in August based on last week's weak economic data. Traders shrugged off concerns about the economic impact of US President Donald Trump's "reciprocal tariffs" targeting more than 90 trading partner nations.
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Sensex, Nifty Seen Slightly Higher At Open
Indian shares look set to open slightly higher on Monday after six straight weeks of losses for key benchmark indexes Sensex and Nifty.
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Indonesia Bourse May Add To Its Winnings On Monday
The Indonesia stock market on Friday snapped the two-day slide in which it had slipped more than 25 points or 0.3 percent. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may extend its gains on Monday.
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Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market on Friday wrote a finish to the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,850-point plateau although it may bounce higher again on Monday.
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Australian Market Modestly Higher
The Australian stock market is modestly higher on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
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Mild Upside Seen For China Stock Market
The China stock market on Friday halted the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,635-point plateau although it may tick higher again on Monday.
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