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Hong Kong Trade Data Due On Monday
(RTTNews) - Hong Kong will on Monday release April figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
In March, imports were down 0.6 percent on month and exports fell 1.5 percent on month for a trade deficit of HKD40.6 billion.
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Taiwan Stock Market My Erase Friday's Losses
The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained almost 400 points or 1.8 percent. The Taiwan Stock Exchange now sits just above the 23,360-point plateau although it's likely to bounce higher again on Monday.
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Renewed Support Predicted For Singapore Stock Market
The Singapore stock market on Friday finally halted the winning streak that had reached 14 sessions and 250 points or 6.2 percent. The Straits Times Index now rests just above the 4,260-point plateau although it's tipped to open in the green again on Monday.
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Malaysia Shares Tipped To Open In The Green
The Malaysia stock market on Friday ended the two-day winning streak in which it had gathered more than 20 points or 1.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,530-point plateau although it's expected to move back to the upside again on Monday.
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Japan Shares May Bounce Higher Again On Monday
The Japanese stock market on Friday wrote a finish to the two-day winning streak in which it had jumped more than 1,050 points or 2.5 percent. The Nikkei 225 now sits just above the 41,450-point plateau although it's likely to rebound on Monday.
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KOSPI Expected To Breach 3,200 Points
The South Korea stock market has moved higher in three straight sessions, collecting more than 25 points or 0.7 percent along the way. The KOSPI now sits just beneath the 3,200-point plateau and it may tick higher again on Monday.
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China Industrial Profit Data Due On Monday
China will on Monday release June figures for industrial profits, highlighting a light day for Asia-Pacific economic activity. In the previous month, profits were down 8.3 percent on year.
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Canadian Stocks Climb As U.S.-Canada Talks Continue
Canada's stock market scaled a new high on Friday as traders expressed optimism in the continuing high-level U.S.-Canada trade negotiations even as August 1 deadline is closing in.
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Gold Slips As U.S. Tariff Concerns Start To Ease
Gold prices fell modestly on Friday as investors see a glimpse of positivity with news of more countries signing deals with the US coming in and other major US trading partners brainstorming with their US counterparts to secure a deal before August 1.
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