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Renewed Support Tipped For China Stock Market
The China stock market on Thursday snapped the three-day winning streak in which it had gathered more than 75 points or 2.2 percent. The Shanghai Composite Index now sits just above the 3,270-point plateau although it's expected to rebound again on Friday.
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Japan Manufacturing PMI Ebbs In July - Jibun
The manufacturing sector in Japan continued to expand in July, albeit at a slower pace, the latest survey from Jibun Bank said on Friday with a manufacturing PMI score of 52.2.
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Taiwan Stock Market Poised To Add To Its Winnings
The Taiwan stock market has tracked higher in two straight sessions, gathering more than 240 points or 1.9 percent along the way. The Taiwan Stock Exchange now rests just above the 14,935-point plateau and it may see additional support on Friday.
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Singapore Stock Market Expected To Remain Rangebound
The Singapore stock market has finished lower in two of three days since the end of the two-day winning streak in which it had collected more than 30 points or 1 percent. The Straits Times Index now rests just above the 3,150-point plateau although it figures to bounce higher again on Friday.
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Japan Inflation Climbs 2.4% On Year In June
Overall consumer prices in Japan were up 2.4 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday.
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Malaysia Stock Market May Extend Winning Streak On Friday
The Malaysia stock market has moved higher in consecutive trading days, gathering more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau and it may add to its winnings on Friday.
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Australia Manufacturing PMI Slows In July - S&P Global
The manufacturing sector in Australia continued to expand in July, albeit at a lower pace, the latest survey from S&P Global said on Friday with a manufacturing PMI score of 55.7.
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Additional Support Anticipated For South Korea Shares
The South Korea stock market has climbed higher in back-to-back sessions, improving almost 40 points or 1.8 percent along the way. The KOSPI now rests just beneath the 2,410-point plateau and it's poised to extend its gains on Friday.
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Japan Inflation Data Due On Friday
Japan will on Friday release June figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In May, overall inflation was up 0.2 percent on month and 2.5 percent on year, while core CPI rose an annual 2.1 percent.
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TSX Ends Higher For 5th Straight Day
Despite moving along the flat line for much of the day's session, the Canadian market ended modestly higher on Thursday thanks to strong gains in technology and industrials sections.
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South Korea Producer Prices Jump 0.5% On Month In June
Producer prices in South Korea were up 0.5 percent on month in June, the Bank of Korea said on Friday - easing from 0.7 percent in Ma7.
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Dollar Loses Ground Against Major Rivals
The U.S. dollar shed ground against some of its major counterparts on Thursday after the European Central Bank announced a bigger than expected 0.5% hike in interest rates to combat inflation.
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Canadian Shares Turning In Mixed Performance
Canadian shares are turning in a mixed performance on Thursday with investors largely staying cautious and making stock specific moves.
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