Asia Stocks Near Flat on Economic Data
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Asian shares struggled to break above the flat line on Friday as dour economic reports in Japan and South Korea followed lackluster trading in U.S. markets to cap gains.
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0125 GMT -- Treasury prices little changed in Asia as market awaits further economic data to back up upbeat economic assessment by the Federal Reserve.
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Shares on Wall Street looked set for a flat start on Wednesday after rising solidly in the previous session on a bullish economic report and ahead of key data later in the week.
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Shares on Wall Street looked set for a  flat to slightly higher start on Thursday with key economic  data ahead constraining trade.
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Gold was steady at above $400 in Asia  on Tuesday on Japanese buying, but other precious metals were  volatile ahead of the release of more U.S. data, dealers said.
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Asian investors shrugged off a rash  of weak economic indicators on Monday to pick up stocks that  looked like weathering a downturn, while oil and metals kept  close to record prices as supply concerns continued to bite.
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Asian shares stuck to narrow ranges  Friday as record oil prices supported energy stocks and miners  rebounded on steadier metals markets, countering worries about  technology earnings and falls in Japanese automakers.
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Oil prices held steady above $46 and  most Asian stock markets edged higher on Monday, but Japanese  pharmaceutical shares fell after U.S. drug maker Pfizer  reported safety risks for its Celebrex arthritis drug.
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Shares on Wall Street looked set for a  flat start on Wednesday after rising solidly in the previous  session on a bullish economic report and ahead of key data  later in the week.
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US stocks opened flat on Friday after a government report showed that the US economy grew more slowly in the second quarter but at a rate that matched economists&#39; forecasts.
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Asian stock markets took a breather  on Monday with Tokyo&#39;s Nikkei slipping on fresh worries about  the economy, while the yen was steady in a session likely to be  dulled by the U.S. Labor Day holiday.
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Japan's Nikkei average was flat by late morning trade on Tuesday as falls in oil-related stocks offset gains in some exporters including auto makers after a retreat in oil prices eased fears about the global economy.
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U.S. stock futures pointed to a flat  open  on Tuesday before a slew of economic data, with a  steadier dollar helping to mute firmer crude oil prices.
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Asia's financial markets got off to a calm start to the week on Monday with investors waiting to hear from top central banks what to make of the turmoil that has kept markets on edge for weeks.
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Asian stocks edged lower on Wednesday as profit taking set in after two days of gains and the dollar firmed ahead of comments from Fed chief Alan Greenspan that are expected to cement the case for further U.S. rate rises.
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U.S. stocks were largely flat on  Friday after data that boosted optimism about corporate profits  and consumer spending offset declines in Texas Instruments   following a downgrade of the stock.
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U.S. stock futures were little changed  on Friday, pointing to a flat market open, after third-quarter  gross domestic product data showed the U.S. economy grew at a  slower-than-expected pace.