Australia Consumer Confidence Index Data Due On Tuesday

RTTNews | 1058 days ago
Stocktwits
Australia Consumer Confidence Index Data Due On Tuesday

(RTTNews) - Australia will on Tuesday see December results for the consumer confidence index from Westpac Bank, highlighting a modest day for Asia-Pacific economic activity. In November, the index slipped 6.9 percent to a score of 78.0.

China will see November numbers for new yuan loans, with forecasts suggesting CNY1.350 trillion - up from CNY615.2 billion in October. Outstanding loan growth is called steady, higher by an annual 11.1 percent.

Hong Kong will provide Q3 figures for industrial production; in the previous three months, industrial production rose 2.7 percent on year.

The Philippines will release October numbers for imports, exports and trade balance. In September, imports were up 14.1 percent on year and exports rose 7.0 percent for a trade deficit of $4.821 billion.

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Indonesia GDP Growth Slows In Q3

Indonesia GDP Growth Slows In Q3

Indonesia's economic growth softened in the third quarter as anti-government unrest weighed on household consumption, official data showed Wednesday. Gross domestic product grew 5.04 percent on a yearly basis in the third quarter, slower than the 5.12 percent expansion seen in the second quarter.
RTTNews | 2h 5min ago
Commodity Currency's Slide Amid Risk-off Mood

Commodity Currency's Slide Amid Risk-off Mood

The commodity currencies such as the Australia, the New Zealand and Canadian dollars weakened against their major currencies in the Asian session on Wednesday amid increasing risk-off sentiment, dragged by the benchmark indexes in Japan and South Korea which are plunging 4 to 5 percent each on concerns over stretched valuations as global tech stocks tumble on fears that an AI bubble is about to burst.
RTTNews | 2h 6min ago
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