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New Zealand Trade Data Due On Wednesday
(RTTNews) - New Zealand will on Wednesday release November numbers for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
In October, imports were worth NZ$8.27 billion and exports were atBZ$6.14 billion for a trade deficit of NZ$2.129 billion.
New Zealand also will see November figures for credit card spending; in the previous month, spending was up 24.8 percent on year.
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Taiwan Stock Market Tipped To Open In The Green
The Taiwan stock market bounced higher again on Friday, one day after snapping the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,840-point plateau although it's likely to tick higher again on Monday.
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Higher Open Anticipated For Singapore Stock Market
The Singapore stock market has moved higher in two straight sessions, collecting more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,900-point plateau and it may add to its winnings on Monday.
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Malaysia Stock Market Tipped To Open To The Upside
The Malaysia stock market has ticked lower in back-to-back sessions, shedding almost a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau although it may find support on Monday.
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Japan Stock Market May Find Support On Monday
The Japanese stock market has moved lower in three straight sessions, dropping almost 450 points or 1.3 percent along the way. The Nikkei 225 now sits just above the 37,750-point plateau although it may find traction on Monday.
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Additional Support Expected For South Korea Shares
The South Korea stock market bounced higher again on Friday, one day after ending the three-day winning streak in which it had advanced more than 60 points or 2.4 percent. The KOSPI now sits just above the 2,625-point plateau and it may add to its winnings on Monday.
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China Data On Tap For Monday
China is scheduled to release a batch of data on Monday, headlining a busy day for Asia-Pacific economic activity. On Tap are April figures for industrial production, retail sales, fixed asset investment, house prices and unemployment.
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U.S. Dollar Higher On Trade Hopes
The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
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Swiss Market Ends On Firm Note On Upbeat Industrial Production Data
After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note.
Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
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