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European Economics Preview: Germany GfK Consumer Confidence Due
Consumer confidence survey results from Germany and France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Germany's market research group GfK is scheduled to issue consumer sentiment survey data. The forward-looking consumer confidence index is seen at -31.8 versus -30.6 in August.
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Indian Shares Rally Ahead Of Powell's Speech
Indian shares rallied on Friday, mirroring firm cues from global markets as investors awaited Federal Reserve Chairman Jerome Powell's speech later today at the Jackson Hole economic conference for hints on inflation and rate outlook.
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Asian Markets Follow Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as traders remain cautious in making large moves as they brace for the US Fed Chair Jerome Powell's speech at the Jackson Hole Symposium later today. Traders also digested a slew of earnings updates and economic data. Asian markets ended mostly higher on Thursday.
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Indian Shares Seen Sharply Higher At Open After Wall Street Rally
Indian shares are geared for gap-up opening on Friday, with underlying sentiment likely to be underpinned by strong gains on Wall Street overnight and a steep decline in oil prices amid signs that Iran and the United States could agree on the terms of a new nuclear deal.
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Thai Stock Market Expected To See Additional Support
The Thai stock market has moved higher in wo of three trading days since the end of the three-day slide in which it had fallen almost 25 points or 1.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,645-point plateau and it may add to its winnings on Friday.
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Friday, extending the gains in the previous session, with the benchmark Nikkei 225 moving above the 28,800 level, following the broadly positive cues from Wall Street overnight, with gains in exporters and technology stocks, which mirrored their peers on the tech-heavy Nasdaq.
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Rebound Expected For Indonesia Stock Market
The Indonesia stock market on Thursday ended the two-day winning streak in which it had advanced almost 90 points or 1.2 percent. The Jakarta Composite Index now sits just above the 7,170-point plateau although it figures to bounce higher again on Friday.
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Australian Market Significantly Higher
The Australian stock market is significantly higher on Friday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 just below the 7,100 level, following the positive cues from Wall Street overnight, with a mixed performance as traders cautiously make moves ahead of an expected hawkish message from the US Fed Chair Jerome Powell at the Jackson Hole economic symposium.
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Hong Kong Bourse May Reclaim 20,000-Point Level
The Hong Kong stock market on Thursday ended the three-day slide in which it had dropped more than 500 points or 2.5 percent. The Hang Seng now rests just beneath the 19,970-point plateau and it's tipped to open in the green again on Friday.
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Higher Open Anticipated For China Stock Market
The China stock market on Thursday snapped the two-day losing streak in which it had slumped more than 60 points or 1.9 percent. The Shanghai Composite Index new sits just above the 3,245-point plateau and it's predicted to open higher again on Friday.
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Taiwan Stock Market Tipped To Open In The Green
The Taiwan stock market on Thursday halted the three-day losing streak in which it had fallen almost 340 points or 2.2 percent. The Taiwan Stock Exchange now rests just beneath the 15,200-point plateau and now it's got a solid lead for Friday's trade.
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Singapore Stock Market Set To Build On Thursday's Gains
The Singapore stock market on Thursday snapped the two-day slide in which it had stumbled almost 40 points or 1.9 percent. The Straits Times Index now rests just beneath the 3,250-point plateau and it's expected to see additional support on Friday.
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Malaysia Stock Market Set To Add To Its Winnings On Friday
The Malaysia stock market on Thursday halted the six-day losing streak in which it had tumbled more than 50 points or 3.4 percent. The Kuala Lumpur Composite Index new rests just above the 1,495-point plateau and it's tipped to open in the green again on Friday.
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