Australia GDP Data Due On Wednesday
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49 days ago
(RTTNews) - Australia will on Wednesday release Q2 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
GDP is expected to add 0.2 percent on quarter and 1.0 percent on year after rising 0.1 percent on quarter and 1.1 percent on year in the previous three months.
Several regional entities will see August PMI results, including Australia, Japan, Hong Kong, Singapore and China.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders react to the Biden administration's renewed efforts to secure a cease-fire in the Middle East. The recent surge by bond yields and waning optimism about the outlook for interest rates is weighing on the markets. Asian markets closed mostly lower on Tuesday.
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5h 15min ago
Sensex, Nifty Seen Flat To Higher At Open
Indian shares are likely to open a tad higher on Wednesday, tracking mostly positive cues from other Asian markets.
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6h 4min ago
Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher on Wednesday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to stay above the 38,400 level, with traders remaining cautious ahead of the general election this weekend.
RTTNews
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6h 18min ago
Win Streak May End For Indonesia Stock Market
The Indonesia stock market has tracked higher in eight straight sessions, climbing more than 300 points or 4.1 percent along the way. The Jakarta Composite Index now rests just beneath the 7,790-point plateau and it's overdue for consolidation on Wednesday.
RTTNews
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7h 7min ago
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, recouping some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying above the 8,200 level, following the mixed cues from Wall Street overnight, with gains in mining and energy stocks amid firmer commodity prices, partially offset by weakness in technology stocks.
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7h 21min ago
Hang Seng Index Likely To Remain Rangebound
The Hong Kong stock market has moved higher in two of three days since the end of the four-day losing streak in which it had stumbled almost 1,100 points or 5.2 percent. The Hang Seng Index now sits just beneath the 20,500-point plateau and it's expected to remain in that neighborhood again on Wednesday.
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7h 22min ago
China Stock Market May Spin Its Wheels On Wednesday
The China stock market has finished higher in three straight sessions, gathering almost 120 points or 3.5 percent along the way. The Shanghai Composite now sits just above the 3,285-point plateau although the rally may stall on Wednesday.
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7h 37min ago
Little Movement Expected For Taiwan Stock Market
The Taiwan stock market on Wednesday ended the three-day winning streak in which it had advanced more than 530 points or 2.4 percent. The Taiwan Stock Exchange now rests just above the 23,535-point plateau and it's looking at a fairly flat lead for Wednesday's trade.
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8h 7min ago