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European Economic News Preview: UK Unemployment Data Due
Unemployment data from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is forecast to edge up to 4.1 percent in the three months to September from 4.0 percent in the preceding period.
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Australian Dollar Falls On U.S. Trump Tariff Threats
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, amid concerns about possible tariffs on Chinese imports by U.S. President-Elect Donald Trump.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Tuesday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction in early trade on Tuesday as investors awaited clarity on U.S. President-elect Donald Trump's policy proposals and looked ahead to the release of key U.S. inflation readings this week for additional clues to the Fed's rate trajectory.
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Asian Markets Traded Mixed
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets are nervous as they seek clarity on U.S. President-elect Donald Trump's policy proposals, including increased tariffs, and await key U.S. inflation reading later in the week for directional cues. Asian markets closed mostly lower on Monday.
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Tuesday, adding the gains in the previous two sessions, with the Nikkei 225 moving above the 39,800 level, following the broadly positive cues from Wall Street overnight, with gains in index heavyweights, exporters and financial stocks partially offset by weakness in technology stocks.
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more news
Sensex, Nifty Set For Muted Open
Indian shares are set for a muted open Tuesday despite firm cues from overseas markets and a sharp fall in oil prices in the U.S. trading session overnight.
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Thai Shares Due For Support On Tuesday
The Thai stock market has moved lower in consecutive trading days, slumping more than a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,455-point plateau and it's expected to open to the upside on Tuesday.
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Indonesia Shares Expected To Remain Rangebound
The Indonesia stock market headed south again on Monday, one session after ending the two-day slide in which it had plunged almost 250 points or 3.3 percent. The Jakarta Composite Index now rests just beneath the 7,270-point plateau although it's expected to find renewed support on Tuesday.
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Australian Market Notably Lower
Extending the losses in the previous session, the Australian stock market is trading notably lower on Tuesday, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,200 level, with weakness in mining stocks amid tumbling metal prices.
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Hong Kong Stock Market Tipped To Open In The Green
The Hong Kong stock market has moved lower in two straight sessions, slumping more than 525 points or 2.6 percent along the way. The Hang Seng Index now sits just above the 20,425-point plateau although it may halt its slide on Tuesday.
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China Bourse May Extend Monday's Gains
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just above the 3,470-point plateau and it may open higher again on Tuesday.
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