European Economic News Preview: Germany Foreign Trade Data Due
(RTTNews) - Foreign trade data from Germany and unemployment from Spain are the top economic news due on Tuesday.
At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade figures for February. Exports are expected to climb 1.6 percent on month, slower than the 2.1 percent rise in January.
At 3.00 am ET, Spain unemployment data for March is due. The number of unemployed totaled 2,600 in February.
At 4.00 am ET, the European Central Bank publishes consumer expectation survey results. At 5.00 am ET, Eurostat is slated to release euro area producer price data for February. Producer price inflation is seen easing to 13.3 percent from 15.0 percent in January.
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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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54 minutes 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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1h 10min 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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1h 39min 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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2h 17min 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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2h 47min 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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2h 49min ago
Hang Seng May Extend Tuesday's Losses
The Hong Kong stock market headed south again on Tuesday, one day after ending the five-day losing streak in which it had given up more than 850 points or 3 percent. The Hang Seng Index now sits just shy of the 24,670-point plateau and it may be stuck in neutral again on Wednesday.
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3h 2min ago
Australian Market Modestly Higher
Australian shares are trading modestly higher 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 9min ago
