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Asian Stocks Higher Amidst Positive Global Sentiment

Asian stocks finished mostly higher, led by gains in technology and mining, amidst a positive global market sentiment ahead of the crucial inflation data from the U.S. on Tuesday.
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European Stocks Seen Opening Strong

European Stocks Seen Opening Strong

European stock markets are expected to open on a positive note on Monday amidst an improved risk-on sentiment globally. Markets are expected to price in the anticipated decline in consumer price inflation in the U.S. in August to 8.1 percent, from 8.5 percent in the month of July, rejuvenating hopes of a pause in aggressive central bank monetary policy action. The CPI readings are due on Tuesday.
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European Economics Preview: UK GDP, Foreign Trade Data Due

European Economics Preview: UK GDP, Foreign Trade Data Due

Monthly real gross domestic product, industrial production and foreign trade figures are due from the UK on Monday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for the National Statistics is scheduled to issue the UK monthly GDP data, industrial output and foreign trade figures. Economists forecast the economy to grow 0.3 percent on month in July, in contrast
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Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, as traders chose to pick up stocks that had taken a severe beating in recent sessions, despite concerns about slowing growth and sharp interest rate hikes. Trading is also thin in the region with markets in China, Hong Kong and South Korea on a holiday.
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Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Monday, extending the gains in the previous two sessions, with the Nikkei 225 moving above the 28,500 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by exporters and technology stocks.
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Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is significantly higher on Monday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 6,900 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by materials and energy stocks amid firm commodity prices.
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TSX Ends Nearly 1.9% Up, Gains 2.61% In Week

TSX Ends Nearly 1.9% Up, Gains 2.61% In Week

The Canadian market ended on a buoyant note on Friday, with stocks across the board turning in a fine performance thanks to sustained buying interest.
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Dollar Loses Ground Against Major Counterparts

Dollar Loses Ground Against Major Counterparts

The U.S. dollar shed ground against its major counterparts on Friday with traders taking some profits, cashing in recent gains, as they looked ahead to the inflation data, due next week.
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Swiss Market Ends On Firm Note On Positive Global Cues

Swiss Market Ends On Firm Note On Positive Global Cues

The Switzerland stock market closed on a firm note on Friday, in line with markets across Europe, as investors indulged in some hectic buying at several counters from across various sectors.
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European Stocks Close On Strong Note

European Stocks Close On Strong Note

European stocks closed on a strong note on Friday despite concerns about slowing global growth and a massive interest rate hike by the European Central Bank.
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Canadian Market Up Sharply On All-round Buying

Canadian Market Up Sharply On All-round Buying

Canadian stocks are up sharply in early afternoon trades on Friday, extending morning gains, thanks to sustained buying in healthcare, technology, energy and materials shares.
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U.S. Wholesale Inventories Rise Less Than Expected In July

U.S. Wholesale Inventories Rise Less Than Expected In July

Wholesale inventories in the U.S. increased by less than expected in the month of July, according to a report released by the Commerce Department on Friday. The report showed wholesale inventories rose by 0.6 percent in July after surging by 1.8 percent in June. Economists had expected wholesale inventories to climb by 0.8 percent.
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