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European Shares Seen Tad Higher At Open
European stocks are seen opening a tad higher on Thursday as in-line U.S. CPI data supported the case for another interest rate cut by the Federal Reserve next month.
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Sensex, Nifty Marginally Higher In Early Trade
Indian shares held steady on Thursday after recent string of heavy losses amid U.S. policy uncertainty and the ongoing FII selloff.
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Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as traders fretted about the impact of U.S. President-elect Donald Trump's proposed tariffs on inflation and interest rates. The US dollar also strengthened against major currencies in the region. Asian Markets closed mostly lower on Wednesday.
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Japanese Market Slightly Lower
Adding to the losses in the previous two sessions, the Japanese market is slightly lower on Thursday after opening in the green, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 38,700 level, with weakness in index heavyweights and technology stocks partially offset by gains in exporters, automakers and financial stocks.
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Sensex, Nifty Set For Muted Open
Indian shares look set to open on a weak note Thursday as investors grapple with U.S. policy uncertainty and the ongoing FII selloff.
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Higher Open Called For Thai Stock Market
The Thai stock market on Wednesday ended the three-day losing streak in which it had slumped almost 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it may add to its winnings on Thursday.
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Indonesia Bourse Has Flat Lead For Thursday
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had plunged almost 250 points or 3.3 percent. The Jakarta Composite Index now rests just above the 7,300-point plateau and it's likely to remain rangebound again on Thursday.
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Australian Market Notably Higher
The Australian market is trading notably higher on Thursday, snapping the three-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,200 level, with gains in technology, energy and financial stocks partially offset by weakness in mining stocks.
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Bargain Hunting May Boost Hong Kong Shares
The Hong Kong stock market has moved lower in four straight sessions, slumping more than 1,120 points or 5.6 percent along the way. The Hang Seng Index now sits just beneath the 19,825-point plateau and it may halt its slide on Thursday.
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China Stock Market Likely To Remain Rangebound
The China stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just beneath the 3,440-point plateau and it figures to see little movement on Thursday.
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Australia Jobless Rate Steady At 4.1% In October
The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in October, the Australian Bureau of Statistics said on Thursday - unchanged from the previous month and in line with expectations.
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Taiwan Stock Market Due For Support On Thursday
The Taiwan stock market has moved lower in three straight sessions, tumbling almost 700 points or 3 percent along the way. The Taiwan Stock Exchange now rests just above the 22,860-point plateau and it may see mild upside on Thursday.
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Singapore Bourse May Be Stuck In Neutral On Thursday
The Singapore stock market bounced higher again on Wednesday, one day after ending the six-day winning streak in which it had surged almost 185 points or 5.1 percent. The Straits Times Index now sits just above the 3,720-point plateau and it may spin its wheels on Thursday.
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