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Most Asian markets in green, gold marginally lower

All the major Asian indices were trading marginally higher on Thursday. On the other side, gold rejects key resistance at $1,250 and was trading around $1,245 mark. Silver was trading almost flat at $17.50 marks.

From the economic data point of view, New Zealand kept its official cash rate unchanged at 1.75 pct.

In addition, Mexico’s Central Bank Chief Carstens expects inflation will be above target range this year, begin falling by end of 2017 and converge to 3 pct in 2018. He added Mexico is looking for best combination of monetary, fiscal policy.

Japan’s Nikkei was trading around 0.04 percent higher at 19,049 points.

Hong Kong’s Hang seng was trading 0.32 percent higher at 24,400 points.

Australia’s S&P ASX200 was trading around 0.24 percent higher at 5,698 marks.

South Korea’s Kospi was trading 0.27 percent higher at 2,174 points.

Shanghai composite index to open flat at 3,245.81 points and China's CSI300 index to open up 0.1 pct at 3,452.41 points.

Taiwan’s market was trading 0.15 percent lower at 9,907.87.

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