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European Shares Mixed After Thursday's Rally
European stocks were mixed on Friday after surging to record highs the previous day on easing geopolitical tensions and fading expectations of an imminent interest-rate hike by the U.S. Federal Reserve.
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69 days ago
Asian Shares Rise As Beaten Tech Stocks Rebound On Dovish Fed Bets
Asian stocks advanced on Friday despite an overnight fall in U.S. technology stocks. Regional sentiment was underpinned by easing geopolitical risks and fading expectations for a Federal Reserve rate hike.
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69 days ago
China Service Sector Logs Robust Growth
China's service sector continued to expand in June as new work posted strong growth, while cost pressures eased since May, survey data from S&P Global showed Friday. The headline RatingDog services Purchasing Managers' Index fell to 54.1 in June from 54.4 in the previous month. The reading was expected to decline to 53.0.
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69 days ago
European Shares Poised To Open Higher As Rate-hike Concerns Ebb
European stocks are set to open higher on Friday as soft U.S. jobs data spurred traders to pare rate hike bets.
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69 days ago
Indian Shares Edge Higher As Fed Rate Hike Bets Ease
Indian shares opened on a buoyant note on Friday, extending gains from the previous two sessions as weak U.S. jobs data raised expectations that the Federal Reserve will hold rates this month and potentially in September.
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69 days ago
Australian Market Doubles Early Gains In Mid-market
The Australian stock market is doubling its early gains in mid-market moves on Friday, extending the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,800 level, with gains in gold miners and financial stocks partially offset weakness in iron ore miner stocks.
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70 days ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders are optimistic the US Fed will hold rates this month and potentially in September after the release of U.S. jobless data that showed employment in the U.S. increased by much less than expected in the month of June. Asian markets ended mostly lower on Thursday.
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70 days ago
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Indian Shares Set To Extend Gains On Easing Fed Hike Bets
Indian shares may open higher on Friday, extending gains from the previous two sessions as new data showed U.S. hiring slowed after a three-month streak of overperformance, supporting the case for the Federal Reserve to continue to hold rates steady for now.
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70 days ago
Thai Shares May Test Resistance At 1,600 Points
The Thai stock market ticked higher again on Thursday, one day after ending the two-day winning streak in which it had jumped almost 50 points or 3.2 percent. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it may see continued if mild upside again on Friday.
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70 days ago
Indonesia Stock Market May Spin Its Wheels On Friday
The Indonesia stock market has moved higher in two straight sessions, adding more than 100 points or 1.7 percent along the way. The Jakarta Composite Index now rests just shy of the 5,750-point plateau, although it may run out of steam on Friday.
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70 days ago
Hong Kong Shares May Open In The Red On Friday
The Hong Kong stock market has finished higher in two of three trading days since the end of the two-day slide in which it had given up more than 740 points or 3.5 percent. The Hang Seng Index now sits just above the 23,050-point plateau although it may hand back some of those gains on Friday.
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70 days ago
Japanese Market Significantly Lower
The Japanese market is trading significantly lower on Friday, extending the sharp losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 68,050 level, with weakness in index heavyweights and technology stocks partially offset gains in automakers stocks.
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70 days ago
Higher Open Tipped For China Stock Market
The China stock market on Thursday ended the three-day winning streak in which it had rallied almost 90 points or 2.2 percent. The Shanghai Composite Index now sits just beneath the 4,030-point plateau although it may bounce higher again on Friday.
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70 days ago
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