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Taiwan Stock Market May Spin Its Wheels On Wednesday
The Taiwan stock market has tracked higher in back-to-back sessions, collecting more than 225 points or 1.5 percent along the way. The Taiwan Stock Exchange now sits just above the 17,140-point plateau although it may run out of steam on Wednesday.
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Singapore Bourse Likely To Cling To The 3,200-Point Line
The Singapore stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected more than 15 points or 0.5 percent. The Straits Times Index now sits just above the 3,200-point plateau and it's got a fairly flat lead for Wednesday's trade.
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Malaysia Shares Likely Rangebound On Wednesday
The Malaysia stock market has alternated between positive and negative finished through the last four trading days since the end of the three-day slide in which it had fallen more than 10 points or 0.8 percent. The Kuala Lumpur Composite Index now rests just above the 1,390-point plateau and it figures to see little movement again on Wednesday.
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Australia Services PMI Ebbs In June - Judo Bank
The services sector in Australia continued to expand in June, albeit at a slower pace, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 50.3.
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South Korea Shares May Be Stuck In Neutral On Wednesday
The South Korea stock market on Tuesday ended the two-day winning streak in which it had collected more than 50 points or 1.9 percent. The KOSPI now sits just above the 2,590-point plateau and it's likely to remain in that neighborhood again on Wednesday.
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Australia Retail Sales Data Due On Wednesday
Australia will on Wednesday release May figures for retail sales, highlighting a modest day for Asia-Pacific economic activity. Sales are expected to add 0.7 percent on month following the flat reading in April.
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TSX Ends Higher For 6th Straight Day
The Canadian market closed on a positive note once again, gaining for a sixth straight session, as stocks from energy, real estate and materials sectors climbed higher on Tuesday.
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Canadian Market Modestly Higher, Set For Another Positive Close
The Canadian market is modestly higher Tuesday afternoon, aided by gains in healthcare, energy and materials sectors.
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Swiss Market Fails To Hold Gains, Ends Slightly Down
Save for a brief while at the start and a few minutes in the final hour, the Switzerland stock market stayed positive on Tuesday, but still ended the day's session slightly down.
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Major European Markets Close Weak Again
Major European markets failed to hold gains and closed slightly weak on Tuesday as investors largely stayed cautious and chose to lighten commitments ahead of quarterly earnings updates.
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German Exports Log Unexpected Fall
Germany's exports registered a surprise drop in May, while imports rebounded after falling for two straight months, reflecting uncertainties surrounding the global demand and the contribution of net trade to economic growth. Exports decreased 0.1 percent month-on-month in May, reversing a 1.0 percent gain in April, data from Destatis showed on Tuesday.
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Bay Street Likely To Open Higher
Higher crude oil and bullion prices point to a positive start for the Canadian market Tuesday morning.
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RBA Keeps Rate Unchanged, Signals More Tightening
The Reserve Bank of Australia decided to keep its key rate unchanged unexpectedly on Tuesday in order to assess the impact of the previous tightening on the economy and its associated risks. The board of the Reserve Bank of Australia, led by Governor Philip Lowe, left the cash rate target unchanged at 4.10 percent.
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