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South Korea Trade Data Due On Tuesday
(RTTNews) - South Korea will on Tuesday release February figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
In January, imports rose 0.2 percent on year and exports added 1.0 percent for a trade surplus of $4.30 billion.
Japan will see January results for its tertiary industry activity index; in December, the index was at 7.10.
Hong Kong will provide February data for unemployment; in January, the jobless rate was 3.1 percent.
Finally, the markets in Malaysia are closed on Tuesday for Nuzul Al'Quran and will re-open on Wednesday.
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Canadian Market Slightly Lower; BoM, National Bank Rise On Results
The Canadian market is slightly down on Wednesday with stocks moving in a tight range as investors digest earnings updates from Bank of Montreal and National Bank of Canada, and await further developments on trade negotiations between the U.S. and its major trading partners.
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Kingfisher Q1 Sales Rise, Says Confident Of FY25 View; But Stock Down
Home improvement retailer Kingfisher Plc reported Wednesday higher sales in its first quarter, benefited by improved results in UK & Ireland. Meanwhile, sales in France and Poland declined, and the company maintained its fiscal 2025 outlook. On the London Stock Exchange, Kingfisher shares were losing around 3.5 percent.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Wednesday morning with investors tracking global cues and reacting to earnings from major Canadian banks. Investors are also awaiting earnings update from U.S.
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4h 9minuter sedan
FTSE 100 Down Marginally
UK stocks are marginally down in lackluster trade on Wednesday as investors look for directional clues after recent gains following U.S. President Donald Trump deciding to pause the recently announced 50% tariffs on imports from EU, paving the way for further trade negotiations.
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4h 58minuter sedan
German Unemployment Rises More Than Expected
Joblessness in Germany increased more than expected in May as a weak economy continued to impede job creation, official data revealed on Wednesday. The number of unemployed increased sharply by 34,000 in May compared to April's rise of 6,000, the Federal Employment Agency said. Economists expected a monthly increase of 12,000.
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CAC 40 Down Marginally In Lackluster Trade
French stocks are moving in a tight range in cautious trade on Wednesday as investors digest a slew of domestic economic reports, and continue to assess the impact of Trump administration's trade policy on global economic growth.
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6h 11minuter sedan
Sensex, Nifty End Lower; ITC Falls Over 3% After BAT's Stake Sale
Indian shares ended modestly lower on Wednesday, extending losses for a second straight session in the wake of fund outflows due to large block deals and increased primary market activity.
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DAX Modestly Lower In Cautious Trade
German stocks are modestly lower on Wednesday with investors mostly making cautious moves, looking for directional clues after recent gains on the back of U.S. President Donald Trump's decision to pause tariffs on EU goods till July 9th.
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