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Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release January figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In December, overall inflation was up 0.2 percent on month and 4.0 percent on year; core CPI also rose 4.0 percent on year.
Malaysia will provide January data for inflation, with forecasts suggesting an increase of 3.7 percent on year, easing from 3.8 percent in December.
Singapore will see January numbers for industrial production, with forecasts suggesting a decline of 0.1 percent on month and an increase of 2.9 percent on year. That follows the 3.2 percent monthly increase and the 3.1 percent yearly decline in December.
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Australian Market Trims Early Slight Losses In Mid-market
The Australian stock market is trimming its early slight losses in mid-market trading on Monday, snapping a four-session losing streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,750.00 level, with gains in energy, financial and technology stocks.
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1h 51min ago
Asian Markets Trade Mostly Lower
Asian stock markets are mostly lower on Monday, despite the broadly positive cues from Wall Street on Friday, amid surging crude oil prices after the critical East-West pipeline was shut by Saudi Arabia following drone attacks and talks between Iran and the GCC about a possible reopening of the Strait of Hormuz were postponed. The pipeline provided an alternative route around the Strait of Hormuz.
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2h 2min ago
Thai Stock Market: Support Expected At 1,600 Points
The Thai stock market has moved lower in three straight sessions, sinking more than 15 points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,600-point plateau although it may halt its slide on Monday.
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3h 17min ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Monday, extending the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The Nikkei 225 is falling below the 63,050 level, with weakness in index heavyweights and technology stocks partially offset by gains in financial stocks.
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3h 41min ago
Indonesia Stock Market Poised To Open To The Upside On Monday
The Indonesia stock market has finished lower in three straight sessions, surrendering almost 150 points or 2.4 percent in that span. The Jakarta Composite Index now rests just above the 6,540-point plateau although it's expected to open higher on Monday.
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3h 47min ago
Hong Kong Stock Market May Stop The Bleeding On Monday
The Hong Kong stock market has moved lower in four straight sessions, sliding more than 800 points or 3.2 percent along the way. The Hang Seg Index now sits just above the 24,800-point plateau although it's expected to open in the green on Monday.
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4h 2min ago
Australian Markets Slightly Higher
The Australian stock market is slightly higher in choppy trading on Monday, snapping a four-session losing streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,750.00 level, with gains in energy, financial and technology stocks.
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4h 11min ago
China Stock Market May Reclaim 3,900-Point Level
The China stock market has finished lower in back-to-back sessions, contracting more than 60 points or 1.5 percent in that span. The Shanghai Composite Index now sits just beneath the 3,890-point plateau although it's likely to open to the upside on Monday.
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4h 17min ago
