World Markets Daily News – In Brief – 26/01/2023

STOCK MARKETS AUSTRALIA/NEW ZEALAND Markets in Australia are closed for a holiday. The NZX 50 of the New Zealand Stock Exchange added 29 points or 0.24%. ASIA Asian stocks were mostly higher Thursday. Hong Kong’s Hang Seng index jumped 2.17%. The Kospi rose 1.6%. Markets in China are closed for a holiday. EUROPE Major stock markets in Europe opened higher on Thursday

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World Markets Daily News – In Brief – 25/01/2023

STOCK MARKETS AUSTRALIA/NEW ZEALAND The Australian market closed lower on Wednesday after record inflation spooked investors. The annual inflation rate in Australia climbed to 7.8% in Q4 of 2022 from 7.3% in Q3, above market forecasts of 7.5%, the Australian Bureau of Statistics said on Wednesday. The S&P/ASX 200 declined 0.3%. Zealand’s benchmark S&P/NZX 50 index rose 0.52% as New Zealand’s fourth quarter

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World Markets Daily News – In Brief – 24/01/2023

STOCK MARKETS AUSTRALIA/NEW ZEALAND The Australian market finished Tuesday’s session in the green with the S&P/ASX 200 closing up 0.44%, after Wall Street stocks ended higher overnight for a second straight session, fueled by a surge in technology stocks. Australian miners and tech stocks led the surge but the ASX was hamstrung somewhat by banks and industrials, as a survey from National

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World Markets Daily News – In Brief – 23/01/2023

STOCK MARKETS AUSTRALIA/NEW ZEALAND In Sydney, the S&P/ASX 200 index edged 0.1% higher on Monday, following a rally Friday for tech stocks that countered worries about the weakening U.S. economy. New Zealand’s S&P/NZX-50 settled 0.24% lower as the Labor Party caucus selected Chris Hipkins to succeed Jacinda Ardern as the country’s next prime minister. ASIA Asian shares were higher on Monday in thin

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World Markets Daily News – In Brief – 20/01/2023

STOCK MARKETS AUSTRALIA/NEW ZEALAND The ASX was buoyed by energy companies on Friday as higher commodity prices boosted mining and energy stocks. The benchmark S&P/ASX 200 pared earlier losses to gain 0.23%. New Zealand’s S&P/NZX-50 index closed up 0.77% as Prime Minister Jacinda Ardern announced her resignation from the post. ASIA Asian stocks ended broadly higher on Friday as Japan’s inflation data

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World Markets Daily News – In Brief – 19/01/2023

STOCK MARKETS AUSTRALIA/NEW ZEALAND The ASX pared back early losses as employment figures came in softer than expected, easing the pressure on the Reserve Bank’s for further rate rises. The benchmark S&P/ASX 200 edged up 0.57%. New Zealand’s benchmark S&P/NZX 50 index ended down 0.29%. ASIA Asian markets ended mixed on Thursday amid lingering uncertainties about the outlook for the world economy.

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World Markets Daily News – In Brief – 18/01/2023

STOCK MARKETS AUSTRALIA/NEW ZEALAND The ASX had a lacklustre day. The benchmark S&P/ASX 200 index inched up 0.1%, after US stocks struggled for direction as investors struggled to build on the early 2023 momentum. New Zealand’s benchmark S&P/NZX 50 index increased by 0.33%. ASIA Asian markets traded mostly higher on Wednesday following the Bank of Japan’s decision to continue its easy monetary

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