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Japan Composite PMI Data Due On Tuesday
(RTTNews) - Japan will on Tuesday see preliminary January figures for its composite PMI from Jibun Bank, highlighting a light day for Asia-Pacific economic activity. In December, the PMI score was 48.9.
Thailand will see December results for imports, exports and trade balance. Imports are expected to sink 8.00 percent on year after rising 5.60 percent in November, Exports are called lower by an annual 10.65 percent after slipping 6.00 percent in the previous month. The trade deficit is pegged at $1.100 billion following the $1.340 billion shortfall a month earlier.
Finally, many of the regional markets remain closed on Tuesday for the Lunar New Year holiday, including South Korea, Malaysia, Singapore, Taiwan, China and Hong Kong.
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European Economic News Preview: Eurozone Economic Sentiment Due
Economic sentiment and monetary aggregates from the euro area and consumer sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the market research group GfK publishes German consumer sentiment survey results. The confidence index is forecast to fall to -25.6 in May from -24.5 in April.
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51 minutes ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Tuesday.
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57 minutes ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
The NZ dollar rose to a 4-day high of 0.5987 against the U.S. dollar, from yesterday's closing value of 0.5971.
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1h 2min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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1h 11min ago
European Shares Seen Flat To Higher At Open
European stocks are seen opening flat to slightly higher on Tuesday as investors watch the latest developments on trade talks and await cues from some big U.S. tech companies.
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1h 11min ago
Sensex, Nifty Fluctuate In Lackluster Trade
Indian shares fluctuated in early trade on Tuesday, tracking muted cues from global markets as investors looked for signs of progress on the global trade front.
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2h 23min ago
Australian Market Strongly Adds To Early Gains In Mid-market
The Australian stock market is strongly extending its early modest gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,000 mark, with gains across most sectors led by iron ore miners, technology and energy stocks.
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3h 25min ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders remain optimistic and keep a close eye on developments on the tariff front, with US Treasury Secretary Scott Bessent reportedly said he believes an agreement in principle can reached on "17 or 18 important trade deals" the administration is currently negotiating.
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3h 49min ago
