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Asian Shares Advance On China Optimism
Asian stocks advanced on Tuesday after data showed U.S. retail sales rebounded marginally in February, helping ease recession concerns.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
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NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.
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RBA's Hunter Says Monetary Policy Is Always Data Dependent
The monetary policy is always data dependent and the link between the central bank's forecast and policy decision is not mechanical, Reserve Bank of Australia Assistant Governor Sarah Hunter said Tuesday. There are always risks and uncertainties around the central forecast and the baseline pathway is just one of a vast number of possible outcomes, she said in Sydney.
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European Shares Seen Up Before German Vote On Spending Plans
European stocks may open on a positive note Tuesday ahead of a German parliament vote on the country's spending plans set to take place later in the day.
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Sensex, Nifty Follow Global Peers Higher
Indian shares opened on a buoyant note Tuesday, mirroring firm cues from global markets.
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European Economic News Preview: Germany ZEW Economic Sentiment Due
Economic confidence from Germany and foreign trade data from the euro area are the top economic news due on Tuesday. At 4.00 am ET, the State Secretariat for Economic Affairs releases Swiss Spring economic forecast. Also, foreign trade data is due from Italy.
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more news
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders continued to pick up stocks at reduced levels following recent weakness. They also seemed reluctant to make more significant moves ahead of the US Fed's monetary policy announcement on Wednesday. Asian markets closed mostly higher on Monday.
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Sensex, Nifty Seen Higher At Open
Indian shares look set to open higher on Tuesday following strong gains in global markets.
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Australian Market Sharply Trims Early Gains In Mid-market
The Australian stock market is sharply trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 7,850 level, with a mixed performance across most sectors. Energy stocks were the only bright spot.
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Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 37,900 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
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Rebound Anticipated For Thai Stock Market
The Thai stock market headed south again on Monday, one session after ending the two-day slide in which it had stumbled almost 30 points or 2.4 percent. The Stock Exchange of Thailand now sits just above the 1,170-point plateau although it figures to bounce higher again on Tuesday.
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Indonesia Bourse May Snap Losing Streak On Tuesday
The Indonesia stock market has moved lower in three straight sessions, slumping almost 200 points or 3 percent along the way. The Jakarta Composite Index now sits just above the 6,470-point plateau although it may stop the bleeding on Tuesday.
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