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U.S. Dollar Falls Amid Rate Cut Expectations
The U.S. dollar weakened against other major currencies in the Asian session on Tuesday, as traders await the chance of an earlier Federal Reserve interest rate cuts due to signs of a slowing U.S. economy.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.
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European Shares Set For Muted Open
European stocks are seen opening a tad lower on Tuesday as investors await more U.S. economic data this week for additional clues on the Fed's rate trajectory.
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European Economic News Preview: German Unemployment Data Due
Unemployment from Germany and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Federal Statistical Office releases Germany's labor force survey results for April. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer prices for May.
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Sensex, Nifty Tumble In Early Trade; Adani Group Stocks Suffer Heavy Losses
Indian shares traded lower on Tuesday after witnessing a strong rally in the previous session on the back of robust GDP data and encouraging exit poll results projecting the NDA could win between 355 and 380 seats in the 543-member lower house of parliament.
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Sensex, Nifty Seen Marginally Higher At Open Before Election Results
Indian shares are seen opening flat to slightly higher on Tuesday as investors await results of the country's general election. Vote counting begins at 8 am and a clear trend should emerge by noon.
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Japanese Market Significantly Lower
Giving up some of the gains in the previous two sessions, the Japanese stock market is significantly lower on Tuesday, with the Nikkei 225 falling to near the 38,600 level, following the mixed cues from Wall Street overnight, with weakness across most sectors led by Index heavyweights and technology stocks.
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Rebound Anticipated For Thai Stock Market
Ahead of Monday's holiday for Queen Suthida's birthday, the Thai stock market had turned lower again - one day after snapping the two-day slide in which it had stumbled more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,345-point plateau although it's likely to bounce higher again on Tuesday.
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Thailand Manufacturing Sector Moves Back To Expansion - S&P Global
The manufacturing sector in Thailand bounced back up into expansion territory in May, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.3.
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Malaysia Manufacturing Sector Bounces To Expansion - S&P Global
The manufacturing sector in Malaysia swung back up into expansion territory in May, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.2.
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Australia Company Gross Operating Profits Sink 2.5% In Q1
Company gross operating profits in Australia were down a seasonally adjusted 2.5 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday.
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Australia Has A$4.896 Billion Current Account Shortfall
Australia posted a seasonally adjusted current account deficit of A$4.896 billion in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday
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Japan Monetary Base Rises 0.9% On Year In May
The monetary base in Japan was up 0.9 percent on year in May, the Bank of Japan said on Tuesday - coming in at 678.824 trillion yen.
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