Forex Nyheter
Sensex, Nifty Open On Firm Note; Sugar Stocks Rally
Indian shares opened on a positive note Friday as positive U.S. labor market and GDP data pointed to a soft landing for the world's largest economy.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders react to a slew of domestic economic data from Japan and Australia. They also reacted positively to the latest U.S. economic data, including a report showing the U.S. economy unexpectedly grew by more than previously estimated in the second quarter.
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Sensex, Nifty To Follow Global Peers Higher As US Data Takes Spotlight
Indian shares are likely to open higher on Friday as resilient economic data pointed to a soft landing for the world's largest economy.
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Japanese Market Notably Higher
Reversing the slight losses in the previous session, the Japanese stock market is now trading notably higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving above the 38,500 level, with gains across most sectors led by index heavyweights, exporters and technology stocks, as traders react to a slew of domestic economic data.
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Higher Open Seen For Thai Stock Market
The Thai stock market has moved lower in two of three trading days since the end of the five-day winning streak in which it had picked up more than 40 points or 3 percent. The Stock Exchange of Thailand now sits just above the 1,355-point plateau although it may see mild upside on Friday.
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Australian Market Modestly Higher
Reversing the losses the previous session, the Australian stock market is modestly higher on Friday, 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 energy and technology stocks.
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Indonesia Bourse May See Mild Upside On Friday
The Indonesia stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had gained almost 120 points or 1.6 percent. The Jakarta Composite Index now rests just above the 7,625-point plateau and it's likely to remain rangebound again on Friday.
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Hong Kong Shares May Be Stuck In Neutral On Friday
The Hong Kong stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had climbed more than 260 points or 1.5 percent. The Hang Seng Index now sits just beneath the 17,790-point plateau and it's likely to see little movement on Friday.
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Steady Start Eyed For China Stock Market
The China stock market has tracked lower in three straight sessions, slumping almost 35 points or 1.2 percent along the way. The Shanghai Composite Index now sits just beneath the 2,825-point plateau and it may see mild support on Friday.
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Soft Start Anticipated For Taiwan Stock Market
The Taiwan stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had gained almost 100 points or 0.4 percent. The Taiwan Stock Exchanged now rests above the 22,200-point plateau and it may remain stuck in neutral again on Friday.
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Japan Retail Sales Gain 2.6% In July
The value of retail sales in Japan was up 2.6 percent on year in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 14.309 trillion yen.
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Japan Industrial Output Improves 2.8% In July
Industrial production in Japan was up a seasonally adjusted 2.8 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.
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Singapore Shares Expected To Remain Rangebound
The Singapore stock market rebounded again on Thursday, one day after halting the four-day winning streak in which it had gained more than 35 points or 1 percent. The Straits Times Index now sits just above the 3,400-point plateau although it may head south again on Friday.
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