Japan GDP Fata Due On Thursday
(RTTNews) - Japan will on Thursday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
GDP is expected to fall 0.4 percent on quarter and 1.5 percent on year after adding 0.1 percent on quarter and 0.4 percent on year in the previous three months.
Japan also will see final March data for industrial production, with forecasts suggesting an increase of 3.8 percent on month following the 0.6 percent decline in February.
Australia will see April figures for unemployment, with forecasts pegging the jobless rate at 4.9 percent - up from 3.8 percent in March. The economy is expected to have added 25,300 jobs following the loss of 6,600 jobs in the previous month.
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China Industrial Output Rises 5.6% On Month In May
Industrial production in China was up 5.6 percent on year in May, the National Bureau of Statistics said on Monday - well shy of forecasts for an increase of 6.2 percent and slowing sharply from 6.7 percent in April.
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4h 42min ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Monday, following the mixed cues from Wall Street on Friday, as traders remain cautiously optimistic on bets the US Fed will likely cut interest rates in September after Fed officials forecast just one rate cut this year. Japanese market is falling almost 2 percent. Asian markets closed mixed on Friday.
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4h 49min ago
Indian Markets Closed For Bakri Id
Indian stock markets remain closed today on account of Bakri Id.
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5h 16min ago
Japanese Market Sharply Lower
The Japanese stock market is trading sharply lower on Monday, giving up the gains in the previous session. The benchmark S&P/ASX 200 is plunging to near the 38,100 level, following the mixed cues from Wall Street on Friday, with losses across most sectors led by index heavyweights, exporters and technology stocks.
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5h 36min ago
Australian Market Slightly Lower
The Australian stock market is currently trading slightly lower on Monday, extending the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying just above the 7,700.00 level, with weakness in iron miners and technology stocks nearly offset by gains in gold miners.
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6h 36min ago
Thai Bourse May Give Up Support At 1,300 Points
The Thai stock market has moved lower in back-to-back sessions, slipping more than 10 points or 0.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,305-point plateau and it may take further damage again on Monday.
RTTNews
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6h 57min ago
Soft Start Anticipated For Hong Kong Stock Market
The Hong Kong stock market headed south again on Friday, one session after ending the three-day losing streak in which it had given up almost 550 points or 3 percent. The Hang Seng now sits just beneath the 17,950-point plateau and it's likely to extend its losses on Monday.
RTTNews
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7h 27min ago
China Bourse Likely To Remain Rangebound
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had fallen more than 40 points or 1.3 percent. The Shanghai Composite Index now rests just above the 3,030-point plateau and its tipped to open in the red again on Monday.
RTTNews
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7h 57min ago
