European Economic News Preview: Eurozone Final Composite PMI Data Due

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.

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Sensex, Nifty Marginally Higher In Cautious Trade As Financials Surge

Indian shares were slightly higher on Tuesday after having suffered heavy losses in the previous session on continued selling by foreign institutional investors.

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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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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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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.

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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.

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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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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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EURUSD	1.08058	GBPUSD	1.29928	AUDUSD	0.66765
USDJPY	152.163	USDCAD	1.38205	USDCHF	0.86741