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European Economics Preview: Eurozone Money Supply Data Due
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(RTTNews) - Money supply data from the euro area is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Sweden publishes foreign trade, producer prices and household lending data.
At 4.00 am ET, the European Central Bank is set to publish private sector credit data for August. M3 money supply is expected to grow 5.4 percent annually after rising 5.5 percent in July.
At 7.30 am ET, ECB Chief Christine Lagarde is set to speak at an online conference organized by the Banque de France in Paris.
At 8.00 am ET, Hungary's central bank announces its monetary policy decision. The bank is forecast to lift the key interest rate by 100 basis points to 12.75 percent.
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Higher Open Called For Taiwan Stock Market
The Taiwan stock market has moved higher in five straight sessions, rallying more than 910 points or 3.9 percent along the way. The Taiwan Stock Exchange now sits just above the 24,370-point plateau and it's expected to open to the upside again on Thursday.
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Hang Seng Tipped To Open To The Upside 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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