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Berita Forex
Hang Seng Unlikely To Hold Wednesday's Gains
The Hong Kong stock market on Wednesday halted the five-day losing streak in which it had plummeted almost 1,750 points or 10.8 percent. The Hang Seng Index now sits just above the 15,315-point plateau although it's looking at a soft start on Thursday.
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China Stock Market: Resistance Expected At 3,000 Points
The China stock market on Wednesday halted the two-day slide in which it had stumbled almost 65 points or 2.1 percent. The Shanghai Composite Index now sits just beneath the 3,000-point plateau although it's tipped to open in the red on Thursday.
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Renewed Selling Pressure Likely For Taiwan Stock Market
The Taiwan stock market has moved higher in two of three trading days since the end of the three-day slide in which it had slumped more than 300 points or 2.4 percent. The Taiwan Stock Exchange now rests just beneath the 12,730-point plateau although it's expected to open under pressure on Thursday.
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Singapore Bourse May Spin Its Wheels On Thursday
The Singapore stock market has tracked higher in back-to-back sessions, collecting almost 40 points or 1.3 percent along the way. The Straits Times Index now rests just beneath the 3,010-point plateau although it may run out of steam on Thursday.
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Malaysia Stock Market May Hand Back Wednesday's Gains
The Malaysia stock market bounced higher again on Wednesday, one session after snapping the six-day winning streak in which it had gathered more than 70 points or 5.1 percent. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau although it's likely to turn lower again on Thursday.
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South Korea GDP Expands 0.3% On Quarter In Q3
South Korea's gross domestic product improved a seasonally adjusted 0.3 percent on quarter in the third quarter of 2022, the Bank of Korea said on Thursday.
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South Korea GDP Rises 0.3% On Quarter In Q3
South Korea's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the third quarter of 2022, the Bank of Korea said on Thursday.
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Tech Shares Likely To Weigh On South Korea Market
The South Korea stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had dropped more than 35 points or 1.5 percent. The KOSPI now rests just beneath the 2,250-point plateau although it figures to head south again on Thursday.
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South Korea GDP Data Due On Thursday
South Korea will on Thursday release an advance estimate for Q3 gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.1 percent on quarter and 2.8 percent on year, easing from 0.7 percent on quarter and 2.9 percent on year in the previous three months.
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TSX Ends On Firm Note After BoC Interest Rate Announcement
Despite paring a substantial portion of its intraday gains, the Canadian market ended on a firm note on Wednesday, thanks to strong buying in several stocks from communications, healthcare, energy and materials sections.
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Dollar Continues To Slide Against Major Rivals
The U.S. dollar fell against most its major counterparts on Wednesday amid rising speculation the Federal Reserve will slowdown the pace of its interest rate hikes.
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Swiss Market Ends Modestly Higher
After a weak start and a subsequent rebound, the Switzerland stock market tumbled into the red on Wednesday, but recovered gradually past mid afternoon to eventually end the day's session on a positive note.
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European Stocks Close Higher Again As Markets React To Earnings, Economic Data
European stocks closed higher on Wednesday, extending recent gains, as investors continued to react to earnings updates and looked ahead to the European Central Bank's monetary policy meeting.
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