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Australia Construction Work Data Due On Wednesday
(RTTNews) - Australia will on Wednesday release Q2 figures for construction work done, highlighting a light day for Asia-Pacific economic activity. Work is expected to rise 0.5 percent on quarter after adding 3.4 percent in the previous three months.
Japan will see July numbers for producer prices, with forecasts suggesting no change at an annual 3.2 percent.
Singapore will provide July data for industrial production; in June, production was down 7.2 percent on month and up 7.2 percent on year.
The central bank in Thailand is scheduled to wrap up its monetary policy meeting and then announce its decision on interest rates. The bank is expected to leave its benchmark lending rate unchanged at 1.00 percent.
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Australian Market Extends Early Losses In Mid-market
The Australian market is extending its early losses in mid-market moves on Thursday, adding to the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in across most sectors led by financial and technology stocks.
RTTNews
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1h 28min ago
Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Thursday, following the broadly negative cues from Wall Street overnight, as surging crude oil prices weighed on investor sentiment and raised concerns over global inflation risks and the outlook for interest rates amid escalating US-Iran tensions and growing concerns over disruptions to Middle East energy supplies. Asian markets closed mixed on Wednesday.
RTTNews
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1h 48min ago
Indian Shares Set To Follow Global Peers Lower
Indian shares may follow global peers lower on Thursday as the Middle East conflict showed no signs of easing.
RTTNews
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2h 11min ago
Lower Open Called For Thai Stock Market
The Thai stock market on Wednesday ended the four-day winning streak in which it had gained almost 50 points or 3.1 percent. The Stock Exchange of Thailand now sits just above the 1,615-point plateau and it's tipped to open under water again on Thursday.
RTTNews
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2h 51min ago
Japanese Market Sharply Lower
The Japanese market is trading sharply lower on Thursday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is well below the 64,400 level, with weakness in index heavyweights and technology stocks partially offset by gains in financial stocks.
RTTNews
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3h 20min ago
Indonesia Stock Market May Open In The Red
The Indonesia stock market turned lower again on Wednesday, one day after ending the two-day slide in which it had given up almost 50 points or 0.8 percent. The Jakarta Composite Index now rests just beneath the 6,680-point plateau and it may continued selling pressure on Thursday.
RTTNews
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3h 21min ago
Hong Kong Stock Market May See Continued Consolidation
The Hong Kong stock market has moved lower in consecutive trading days, sliding more than 330 points or 1.3 percent along the way. The Hang Seg Index now sits just beneath the 25,275-point plateau and it's likely to extend its losses on Thursday.
RTTNews
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3h 36min ago
Australian Market Sharply Lower
The Australian market is sharply lower on Thursday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in across most sectors led by financial and technology stocks.
RTTNews
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3h 44min ago
