Morning Bid: Markets upbeat, China cheer at last

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Morning Bid: Markets upbeat, China cheer at last
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A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

to their portfolios than they sold in recent days for the first time in seven weeks, Goldman Sachs said in a report.

On a micro level in Asia, shares of Taiwanese chipmaker Foxconn and Indian metals-to-oil conglomerate Vedanta could be under the spotlight again after Foxconn pulled the plug on a. Trading volume in Vedanta shares on Tuesday was the highest in seven weeks. New Zealand's central bank is expected to keep its cash rate - already at a 14-year high and the highest in the developed world - at 5.50% on Wednesday and leave it there for the rest of the year.

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