Berita Forex
IMF Raises Global Growth Forecast On China Reopening
Despite the global fight against inflation and the war in Ukraine, the International Monetary Fund upgraded its world economic growth projections as the full reopening of China is set to safeguard the recovery. The global growth outlook for 2023 was revised up by 0.2 percentage points to 2.9 percent, the IMF said in its World Economic Outlook Update, released Tuesday.
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European Economic News Preview: Eurozone GDP Data Due
Flash quarterly national accounts from the euro area and other major European economies are due on Tuesday, headlining a hectic day for the European economic news. At 1.30 am ET, France's statistical office Insee is scheduled to issue flash GDP and household spending data. The economy is forecast to remain flat in the fourth quarter after expanding 0.2 percent a quarter ago.
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European Shares Seen Opening Lower As Fed Meeting Gets Underway
European stocks may open on a sluggish note Tuesday as the Federal Reserve's two-day policy meeting gets underway later today.
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Sensex, Nifty Edge Lower On Weak Global Cues
Indian shares were a tad lower in early trade on Tuesday, as caution crept in ahead of the Federal Reserve's interest-rate decision and earnings from big-tech companies including Apple and Alphabet.
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Asian Markets Track Wall Street Lower
Asian stock markets are mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders continued to refrain from creating fresh long positions and are cautious ahead of the interest rate decisions from the US Fed, Bank of England and European Central Bank later in the week. Asian markets closed mostly lower on Monday.
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Thai Stock Market Expected To Open In The Red On Tuesday
The Thai stock market headed south again on Monday, one session after ending the three-day slide in which it had fallen more than a dozen points or 0.7 percent. The Stock Exchange of Thailand now rests just above the 1,680-point plateau and it's tipped to open under pressure again on Tuesday.
The global forecast for the Asian markets suggests consolidation ahead of rate decisions this week from central banks in England and the United States. The European markets were mixed and little changed and the U.S. bourses were firmly in the red and the Asian markets figure to split the difference.
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Sensex, Nifty Seen Flat To Slightly Lower At Open
Indian shares may open on a tepid note Tuesday in the wake of weak global cues and amid caution ahead of the Union Budget 2023 on February 1.
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Japanese Market Slightly Lower
The Japanese stock market is slightly lower on Tuesday, giving up some of the gains in the previous two sessions, with the Nikkei 225 staying above the 27,400 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors, led by technology and financial stocks.
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Japan Industrial Output Slips 0.1% In December
Industrial production in Japan was down a seasonally adjusted 0.1 percent on month in December, the Ministry of Economy, Trade and Industry said on Tuesday.
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China Manufacturing PMI Improves To 50.1 In December - NBS
The manufacturing sector in China turned to expansion in December, the latest survey from the National Bureau of Statistics said on Tuesday with a manufacturing PMI score of 50.1.
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Soft Start Predicted For Indonesia Stock Market
The Indonesia stock market on Monday snapped the two-day winning streak in which it had collected almost 70 points or 1 percent. The Jakarta Composite Index now rests just above the 6,870-point plateau and it's expected to extend its losses on Tuesday.
The global forecast for the Asian markets suggests consolidation ahead of rate decisions this week from central banks in England and the United States. The European markets were mixed and little changed and the U.S. bourses were firmly in the red and the Asian markets figure to split the difference.
The JCI finished modestly lower on Monday following losses from the financial shares, cement companies and resource stocks.
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Japan Jobless Rate Holds Steady At 2.5% In December
The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in December, the Ministry of Internal Affairs and Communication said on Tuesday.
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Japan Industrial Production Eases 0.1% In December
Industrial output in Japan was down a seasonally adjusted 0.1 percent on month in December, the Ministry of Economy, Trade and Industry said on Tuesday.
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