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Japan Leading Index Data Due On Monday
(RTTNews) - Japan will on Monday see preliminary February results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity. In January, the leading index was up 0.4 percent on month, while the coincident was up 0.1 percent.
New Zealand will release March figures for job advertisement data from ANZ; in February, job ads were down 1.4 percent on month.
Finally, the markets in Indonesia (Eid-ul-Fitr) and Thailand (Chakri Day) are closed on Monday and will re-open on Tuesday.
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European Shares Likely To Drift Lower As Trump's Tariffs Take Effect
European shares are seen opening sharply lower on Wednesday as the latest set of U.S. tariffs, including a massive 104 percent levy on Chinese imports, take effect today, leaving investors worried about the impact on inflation, interest rates and global growth.
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12 minutes ago
Sensex, Nifty Open Lower As Trump's New Tariffs Go Into Effect
Indian shares opened slightly lower on Wednesday as China and the United States moved towards an all-out trade war.
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1h 7min ago
Reserve Bank Of New Zealand Cuts Rate By 25 Bps, Signals Further Easing
The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as expected on Wednesday, and hinted at further easing as recent increases in trade tariffs pose downside risks to economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.50 percent, which was the lowest since October 2022.
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1h 20min ago
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market trading on Wednesday, reversing the strong gains in the previous session, with the benchmark S&P/ASX 200 falling well below the 7,500 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors led by mining and technology stocks.
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2h 19min ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, with steep losses in Japan, Singapore and Taiwan as traders remain concerned about rising tensions between the U.S. and China amid the new reciprocal tariffs on imports in to the US. The steeper-than-expected tariffs ignited fears over an economic recession globally.
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2h 27min ago
Sensex, Nifty Likely To Drift Lower As Trade Worries Deepen
Indian shares look set to resume losses on Wednesday as hopes of a tariff delay faded and the escalation of tariff battle between the U.S. and China fueled worries over an economic recession globally.
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3h 14min ago
Losing Streak May Continue For Thai Stock Market
The Thai stock market has moved lower in three straight sessions, sinking almost 100 points or 9 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,075-point plateau and it's looking at another soft start again on Wednesday.
RTTNews
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3h 43min ago
Indonesia Shares May Take Further Damage On Wednesday
The Indonesia stock market returned decidedly to the downside from the Eid holiday, snapping a three-day winning streak in which it had advanced almost 350 points or 5 percent. The Jakarta Composite Index now sits just beneath the 6,000-point plateau and it's expected to open in the red again on Wednesday.
RTTNews
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4h 13min ago
