Actualités Forex
European Shares Poised For Higher Open
European stocks may open on a positive note Wednesday, tracking a widespread rally on Wall Street overnight.
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European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK and final inflation from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for June. Output prices are expected to grow 1.8 percent on year after rising 1.7 percent in the previous month.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic about the outlook for interest rates after US Fed Chair Jerome Powell said on Monday that the three inflation readings over the second quarter of this year showed "more progress." Asian markets closed mixed on Tuesday.
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Indian Markets Closed For Muharram
Indian stock markets remain closed today on account of the Muharram festival.
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Thai Shares May Snap Losing Streak
The Thai stock market has moved lower in consecutive trading days, slumping more than 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now rests just above the 1,320-point plateau although it may stop the bleeding on Wednesday.
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Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Wednesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 41,300 level, with gains in exporters, automakers and financial stocks.
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Higher Open Predicted For Indonesia Stock Market
The Indonesia stock market has finished lower in consecutive trading days, stumbling more than 100 points or 1.4 percent along the way. The Jakarta Composite Index now sits just beneath the 7,225-point plateau although it's poised to open to the upside on Wednesday.
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Hang Seng May Stop The Bleeding On Wednesday
The Hong Kong stock market has moved lower in two straight sessions, tumbling almost 550 points or 3 percent in that span. The Hang Seng Index now rests just above the 17,725-point plateau although it's likely to find traction on Wednesday.
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Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,000 mark to fresh all-time highs, following the broadly positive cues from Wall Street overnight, with gains in gold miners and technology stocks.
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Additional Support Called For China Stock Market
The China stock market has moved higher in four straight sessions, collecting more than 35 points or 1.2 percent in that span. The Shanghai Composite Index now sits just above the 2,975-point plateau and it may tick higher again on Wednesday.
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Taiwan Stock Market Poised To Open To The Upside Again On Wednesday
The Taiwan stock market on Tuesday ended the two-day slide in which it had dropped more than 500 points or 2.1 percent. The Taiwan Stock Exchange now sits just beneath the 24,000-point plateau and it's expected to find additional support on Wednesday.
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Singapore Stock Market May Reverse Tuesday's Losses
The Singapore stock market on Tuesday wrote a finish to the five-day winning streak in which it had jumped more than 90 points or 2.8 percent. The Straits Times Index now rests just beneath the 3,490-point plateau although it's likely to bounce higher again on Wednesday.
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New Zealand Annual Inflation Climbs 3.3% In Q2
Consumer prices in New Zealand were up 3.3 percent on year in the second quarter of 2024, Statistics New Zealand said on Wednesday.
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