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China Yuan Loan Data Due On Thursday
(RTTNews) - China will on Thursday release October data for new yuan loans, highlighting a light day for Asia-Pacific economic activity.
New loans are forecast at CNY800 billion, down from CNY2.470 trillion in September. The M2 money supply is expected to ease to 12 percent on year from 12.1 percent in the previous month, while outstanding loan growth is seen steady at 11.2 percent.
Australia will provide November numbers for its inflation forecast; in October, consumer prices were seen higher by an annual 5.4 percent.
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China Services Activity Expands On New Business
China's service sector continued to grow in October as new business growth accelerated despite a fall in export sales, survey data published by S&P Global showed on Wednesday. The headline RatingDog service Purchasing Managers' Index fell to 52.6 in October from 52.9 in September. Although the growth was the softest in three months, the sector extended the current period of expansion.
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Před 1 h 26 min
European Shares Set To Follow Wall Street Lower On Tech Valuation Concerns
European stocks may open lower on Wednesday as investors fret about a weakening U.S. economy and highly elevated valuations for many artificial intelligence companies.
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Před 1 h 37 min
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,800 level, following the broadly negative cues from Wall Street overnight, dragged by tumbling mining, energy and technology stocks.
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Před 3 h 47 min
Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by the benchmark indexes in Japan and South Korea which are plunging 4 to 5 percent each on concerns over stretched valuations as global tech stocks tumble on fears that an AI bubble is about to burst. Asian markets closed mostly lower on Tuesday.
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Před 4 h 6 min
Indian Markets Closed For Guru Nanak Jayanti
Indian markets remain closed today for a public holiday in observance of Guru Nanak Jayanti.
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Před 4 h 43 min
No Help Yet For Thai Stock Market
The Thai stock market has moved lower in four straight sessions, slumping more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau and it's expected to open in the red again on Wednesday.
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Před 5 h 13 min
Indonesia Shares Tipped To Open In The Red
The Indonesia stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,240-point plateau and the losses may accelerate on Wednesday.
RTTNews
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Před 5 h 43 min
Japanese Market Sharply Lower
The Japanese stock market is trading sharply lower on Wednesday, extending the losses in the previous four sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling nearly 3 percent to below the 50,050 level, with weakness across most sectors led by index heavyweights and technology stocks.
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Před 5 h 50 min
