New Zealand Electronic Card Sales Data Due On Wednesday

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New Zealand Electronic Card Sales Data Due On Wednesday

(RTTNews) - New Zealand will on Wednesday release July figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. Sales are expected to be flat on month and climb 9.8 percent on year after gaining 1.0 percent on month and 4.2 percent on year in June.

Japan will see July numbers for money stock, with M2 expected to rise 2.5 percent on year, easing from 2.6 percent in June.

South Korea will provide July data for unemployment; the jobless rate is expected to ease to 2.5 percent from 2.6 percent in June.

Taiwan will release July numbers for consumer prices, with forecasts suggesting an increase of 1.9 percent on year, up from 1.75 percent in June.

China will see July figures for consumer and producer prices. Consumer prices are tipped to rise 0.1 percent on month and fall 0.4 percent on year after easing 0.2 percent on month and being flat on year in June. Producer prices are expected to decline an annual 4.1 percent after shedding 5.4 percent in the previous month.

Finally, the markets in Singapore are closed on Wednesday for the National Day holiday and will re-open on Thursday.

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Australian Market Extends Early Sharp Losses In Mid-market

Australian Market Extends Early Sharp Losses In Mid-market

The Australian stock market is extending its early sharp losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near 8,500 level, with weakness across most sectors led by mining and technology stocks.
RTTNews | il y a 2h 18min
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Tuesday, following the broadly negative cues from Wall Street overnight, amid ongoing concerns about the market valuation, especially among technology shares, and the diminishing prospects of an interest rate cut by the US Fed next month. The US dollar also strengthened against major currencies in the region. Asian markets closed mixed on Monday.
RTTNews | il y a 2h 43min
Thai Shares May Head South Again On Tuesday

Thai Shares May Head South Again On Tuesday

The Thai stock market has finished higher in two of three trading days since the end of the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau although it may hand back those gains on Tuesday.
RTTNews | il y a 3h 55min
Renewed Consolidation Expected For Indonesia Shares

Renewed Consolidation Expected For Indonesia Shares

The Indonesia stock market on Monday ended the two-day slide in which it had slipped almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just above the 8,410-point plateau although it's expected to open under water again on Tuesday.
RTTNews | il y a 4h 25min
Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

The Japanese stock market is trading sharply lower on Tuesday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling more than 2 percent to well below the 49,200 level, with weakness across all sectors led by exporters and technology stocks.
RTTNews | il y a 4h 32min
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has finished lower in consecutive trading days, slumping almost 690 points or 2.6 percent along the way. The Hang Seng Index now rests just above the 26,380-point plateau and it's expected to see continued consolidation on Tuesday.
RTTNews | il y a 4h 40min