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New Zealand Rate Decision On Tap For Wednesday
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and the announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBNZ is widely expected to trim its Official Cash Rate by 25 basis points, to 3.25 percent from 3.50 percent.
Australia will release Q1 numbers for construction work, with forecasts suggesting no change at 0.5 percent on quarter.
Taiwan will see Q1 data for gross domestic product, with forecasts calling for an increase of 5.37 percent on year - accelerating from 2.90 percent in the three months prior.
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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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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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1घंटे 11 मिनट पहले
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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1घंटे 26 मिनट पहले
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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1घंटे 26 मिनट पहले
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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1घंटे 41 मिनट पहले
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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2घंटे 41 मिनट पहले
