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Antipodean Currencies Rise As Trade Optimism Prevails
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the European session on Thursday, after reports emerged that the U.S. and EU are edging closer to a trade deal.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the European session on Thursday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the European session on Thursday.
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European Shares Seen Up As Trade Optimism Prevails
European stocks may open on a positive note Thursday after reports emerged that the U.S. and EU are edging closer to a trade deal.
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Sensex, Nifty Slip Into Red On India-US Trade Deal Uncertainty
Indian shares were slightly lower in early trade on Thursday despite firm cues from global markets.
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European Economic News Preview: ECB To Hold Key Interest Rates As Tariff Deadline Looms
The European Central Bank is set to adopt a wait-and-see approach on Thursday ahead of a looming tariff deadline. Markets expect the ECB to hold the deposit facility rate at 2.00 percent after cutting it by a quarter basis points each in every rate-setting session since September. The announcement is due at 8.15 am ET.
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Australian Market Extends Early Losses In Mid-market
The Australian market is extending early losses in mid-market moves on Thursday, reversing some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just above the 8,700 level, with weakness in mining stocks and a mixed performance in most other sectors.
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Asian Markets A Sea Of Green
Asian stock markets are a sea of green on Thursday, following the broadly positive cues from Wall Street overnight, amid easing concerns about a global tariff war after US President Donald Trump confirmed major trade deals with Japan and the Philippines, which spurred expectations of further trade agreements as the August 1 deadline nears. Asian markets closed mostly higher on Wednesday.
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Sensex, Nifty Seen Higher At Open On US Trade Optimism
Indian shares are seen opening higher on Thursday as trade optimism prevails and Infosys Q1 profit beat estimates.
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Thai Stock Market Tipped To Open In The Green
The Thai stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's expected to open to the upside again on Thursday.
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Japanese Market Sharply Higher
The Japanese market is trading sharply higher on Thursday, expending the strong gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 39,900 level, with gains across all sectors led by index heavyweights, exporters and financial stocks.
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Indonesia Bourse May Break Resistance At 7,500 Points
The Indonesia stock market bounced higher again on Wednesday, one day after ending the 11-day winning streak in which it had surged more than 530 points or 7.5 percent. The Jakarta Composite Index now sits just beneath the 7,470-point plateau and it may tick higher again on Thursday.
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Hong Kong Stock Market Has Solid Lead For Thursday's Trade
The Hong Kong stock market has moved higher in four straight sessions, gathering almost 1,160 points or 4.6 percent in that span. The Hang Seng Index now sits just beneath the 25,540-point plateau and it's expected to open higher again on Thursday.
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