Australia Building Approval Data Due On Monday
(RTTNews) - Australia will on Monday see September figures for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 12.0 percent on month after slipping 6.0 percent in August.
Japan will release preliminary September figures for its leading and coincident indexes; in August, the leading index was up 1/3 percent on month and the coincident fell 1.3 percent.
Malaysia will see September data for unemployment; in August, the jobless rate was 3.0 percent.
Indonesia will see October results for its consumer confidence index; in September, the index score was 115.9.
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European Shares Set For Firm Open Ahead Of Fed Verdict
European stocks are seen opening a tad higher on Wednesday ahead of the U.S. Federal Reserve's interest-rate decision later in the day, with markets pricing in a 92.4 percent chance of a 25-bps rate hike in response to a recent hot inflation report.
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1h 4min ago
Indian Shares Modestly Higher In Cautious Trade
Indian shares were modestly higher on Wednesday after falling sharply in the previous session on concerns over rising oil and U.S. bond yields amid escalating Middle East tensions.
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1h 58min ago
Australian Market Slightly Trims Early Gains In Mid-market
The Australian stock market is slightly trimming its early gains in mid-market moves on Wednesday, reversing some of the losses in the previous session, with the benchmark S&P/ASX 200 moving well above the 8,650 level, despite the broadly negative cues from Wall Street overnight, with gains in energy and financial stocks partially offset by weakness in technology stocks.
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3h 13min ago
Asian Markets Trade Mostly Higher
Asian stock markets are mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as traders are cautious and seemed reluctant to make more significant moves ahead of the US Fed's monetary policy decision later in the day. Some traders are looking to pick stocks at a bargain following the recent slump in the markets. Asian markets closed mostly lower on Tuesday.
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3h 29min ago
Indian Shares Seen Flat To Higher At Open
Indian shares may see a fragile, tentative recovery at the open on Wednesday following the previous session's sell-off.
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3h 59min ago
Continued Consolidation Called For Thai Stock Market
The Thai stock market has moved lower in five straight sessions, retreating more than 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,580-point plateau and it's expected to spin its wheels again on Wednesday.
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4h 37min ago
Lower Open Expected For Indonesia Bourse
The Indonesia stock market has finished lower in five straight sessions, sinking more than 225 points or 3.4 percent along the way. The Jakarta Composite Index now sits just above the 6,460-point plateau and it's looking at another soft start again on Wednesday.
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5h 7min ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Wednesday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling to near the 63,350 level, with weakness index heavyweights partially offset by gains in automakers and financial stocks.
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5h 8min ago
