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Australia Rate Decision On Tap For Tuesday
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(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at 3.60 percent.
South Korea will release October data for consumer prices, with forecasts suggesting a flat monthly reading and a 2.1 percent yearly increase. That follows the 0.5 percent monthly increase and the 2.1 percent annual gain in September.
Japan will see October results for the manufacturing PMI from Jibun Bank; in September, the index score was 48.3.
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China Shares Tipped To Open In The Green
The China stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had advanced more than 45 points or 1.1 percent. The Shanghai Composite Index now sits just above the 4,000-point plateau although it figures to move back to the upside on Wednesday.
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Australia Home Loans Jump 6.4% In Q3
The total number of new home loans issued in Australia was up a seasonally adjusted 6.4 percent on quarter in the third quarter of 2025, the Australian Bureau of Statistics said on Wednesday - coming in at 141,470.
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Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had given up more than 640 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 27,780-point plateau and it may remain stuck in neutral on Wednesday.
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U.S. Dollar Weakens Amid Risk Appetite
The U.S. dollar fell against its major counterparts in the New York session on Tuesday amid risk appetite following a deal to end the government shutdown.
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Singapore Bourse May Extend Tuesday's Gains
The Singapore stock market bounced higher again on Tuesday, one day after ending the two-day winning streak in which it had climbed more than 75 points or 1.7 percent. The Straits Times Index now sits just above the 4,540-point plateau and it's expected to bounce higher again on Wednesday.
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Japan M2 Money Stock Climbs 1.6% Annually
The M2 money stock in Japan was up 1.6 percent on year in October, the Bank of Japan said on Wednesday - coming in at 1,270.1 trillion yen.
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Win Streak May Continue For Malaysia Stock Market
The Malaysia stock market has moved higher in three straight sessions, collecting more than 15 points or 1 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,635-point plateau and it's expected to see additional support on Wednesday.
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Mild Upside Seen For Japan Stock Market
The Japan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had plunged nearly 2,200 points or 4.2 percent. The Nikkei 225 now rests just above the 50,840-point plateau and it may tick higher again on Wednesday.
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