European Economic News Preview: Germany Foreign Trade Data Due
(RTTNews) - Foreign trade from Germany is the only major economic report due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is slated to release Germany's foreign trade data for August. Exports are forecast to fall 1.0 percent on month, reversing a rise of 1.7 percent in July. Economists expect imports to drop 2.5 percent after a 5.4 percent gain.
In the meantime, foreign trade data is due from Denmark.
At 4.30 am ET, European Central Bank board member Frank Elderson is set to speak at an event in Geneva, Switzerland.
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Australian Market Trims Early Strong Gains In Mid-market
The Australian stock market slightly trims early strong gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains is gold miners, technology and financial stocks.
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5h 28min ago
Sensex, Nifty Set To Follow Global Peers Higher As US Inflation Cools
Indian shares look set to follow global peers higher on Thursday as investors react to lower-than-expected U.S. core inflation data for December and strong earnings reports from major U.S. banks.
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5h 28min ago
Thai Shares Tipped To Open In The Green
The Thai stock market on Wednesday ended the two-day losing streak in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it's expected to open to the upside again on Thursday.
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6h 11min ago
Indonesia Stock Market May Add To Its Winnings
The Indonesia stock market on Wednesday ended the two-day slide in which it had slumped more than 130 points or 1.8 percent. The Jakarta Composite Index now sits just beneath the 7,080-point plateau and it may extend its gains on Thursday.
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6h 41min ago
Further Upside Seen For Hong Kong Stock Market
The Hong Kong stock market has moved higher in consecutive trading days, collecting more than 400 points or 2.1 percent along the way. The Hang Seng Index now sits just beneath the 19,300-point plateau and it may add to its winnings on Thursday.
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6h 56min ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,700 level, with gains across most sectors led by index heavyweights and technology stocks.
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6h 59min ago
Rebound Predicted For China Stock Market
The China stock market turned lower again on Wednesday, one day after snapping the three-day losing streak in which it had retreated almost 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,225-point plateau although it's likely to move back to the upside on Thursday.
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7h 11min ago
Australian Market Sharply Higher
The Australian stock market is trading sharply higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains across most sectors led by technology and financial stocks.
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7h 18min ago
