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Japan Producer Price Data Due On Tuesday
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(RTTNews) - Japan will on Tuesday release October numbers for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to rise 2.5 percent on year, easing from 2.6 percent in September.
Singapore will provide October figures for industrial production; in September, industrial output was flat on month and up 9.8 percent on year.
Hong Kong will see October data for imports, exports and trade balance. In September, imports were up 1.4 percent on month and exports added 4.7 percent for a trade deficit of HKD53.2 billion.
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Singapore Bourse May Test Resistance At 4,300 Points
The Singapore stock market on Wednesday ended the three-day slide in which it had fallen almost 40 points or 0.9 percent. The Straits Times Index now sits just above the 4,270-point plateau and it may see additional support on Thursday.
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Malaysia Stock Market Tipped To Open In The Green
The Malaysia stock market has moved higher in seven straight sessions, collecting almost 60 points or 4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's got a positive lead again for Thursday's trade.
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Hang Seng Tipped To Open To The Upside On Thursday
The Hong Kong stock market has moved higher in three straight sessions, gathering more than 750 points or 3 percent along the way. The Hang Seng Index now rests just above the 25,610-point plateau and it's called higher again on Thursday.
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Japan Stock Market Has Positive Lead For Thursday
The Japan stock market had moved higher in six consecutive sessions, advancing more than 3,000 points or 7.3 percent along the way. The Nikkei 225 now sits just above the 43,270-point plateau and it's tipped to open in the green again on Thursday.
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Additional Support Anticipated For South Korea Shares
The South Korea stock market on Wednesday halted the three-day losing streak in which it had slumped more than 35 points or 1.2 percent. The KOSPI now sits just beneath the 3,225-point plateau and it may add to its winnings on Thursday.
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South Korea Export Prices Climb 1.0% In July
Export prices in South Korea were up 1.0 percent on month in July, the Bank of Korea said on Thursday - after shrinking 1.2 percent in June.
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Australia Unemployment Data Due On Thursday
Australia will on Thursday release July figures for unemployment, highlighting a light day for Asia-Pacific economic activity.
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Swiss Franc Retreats Against Majors
The Swiss franc retreated against its major counterparts in the New York session on Wednesday.
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