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Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving a tad above the 7,800 level, despite the broadly negative cues from Wall Street overnight, as traders awaited domestic inflation data for clues on the Reserve Bank of Australia's monetary policy path.
(RTTNews) - Asian stock markets are trading mixed on Monday, following the mixed cues from global markets on Friday, with some traders looking to ...
The Australian stock market is currently trading significantly higher on Monday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 7,800.
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders reacted to mixed US monthly jobs data and are cautious ahead of the release of key US inflation data on Tuesday that could have a more profound impact on the outlook for interest rates.
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...