European Economic News Preview: Italy Retail Sales Data Due
(RTTNews) - Retail sales data from Italy is the major statistical report due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Sweden is scheduled to release industrial output, new orders and household consumption data for December.
At 4.00 am ET, Italy's Istat publishes retail sales data for December. Sales are forecast to fall 0.8 percent on a monthly basis, reversing a 0.8 percent rise in November.
At 6.00 am ET, unemployment data is due from Portugal.
At 10.00 am ET, Poland's central bank is set to announce its monetary policy decision. The bank is likely to maintain its key interest rate at 6.75 percent.
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Little Movement Expected For Indonesia Stock Market
The Indonesia stock market on Wednesday ended the five-day losing streak in which it had plummeted more than 540 points or 7.9 percent. The Jakarta Composite Index now sits just beneath the 6,650-point plateau and it's expected to remain in that neighborhood again on Thursday.
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5g 24 minut temu
Japanese Market Sharply Higher
The Japanese market is trading sharply higher on Thursday, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,400 level, with gains across most sectors led by most index heavyweights and financial stocks.
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5g 28 minut temu
Overbought Hang Seng Tipped To Open In The Red
The Hong Kong stock market rebounded hard on Wednesday, one day after snapping the three-day winning streak in which it had rallied more than 820 points or 3.9 percent. The Hang Seng Index now rests just beneath the 21,860-point plateau although it's looking at a soft start on Thursday.
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5g 39 minut temu
Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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5g 53 minut temu
Lower Open Called For China Stock Market
The China stock market bounced higher again on Wednesday, one day after snapping the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,350-point plateau although it may open in the red on Thursday.
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5g 54 minut temu
Taiwan Stock Market May See Continued Consolidation
The Taiwan stock market has moved lower in two of three trading days since the end of the four-day winning streak in which it had spiked more than 760 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 23,380-point plateau and it may take further damage on Thursday.
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6g 24 minut temu
Japan Producer Prices Rise 0.3% In January
Producer prices in Japan were up 0.3 percent on month in January, the Bank of Japan said on Thursday.
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6g 44 minut temu
Singapore Bourse May Hand Back Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had advanced almost 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,870-point plateau although it's expected to turn lower again on Thursday.
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6g 54 minut temu
