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Australia Retail Sales Data Due On Thursday
(RTTNews) - Australia will on Thursday release February figures for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to add 0.3 percent on month after climbing 1.1 percent in January.
Australia also will see February data for building approvals with forecasts suggesting an increase of 3.0 percent on month following the 1.0 percent decline in the previous month.
Finally, the markets in China and Hong Kong are closed on Thursday for the Ching Ming Festival, and Taiwan is also shuttered for Children's Day.
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European Shares Set For Steady Open Before US Jobs Report
European stocks may open slightly higher on Friday as investors await the all-important monthly U.S. jobs report later in the day for direction.
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17 minutes ago
Sensex, Nifty Open Higher On Fed Rate Cut Hopes
Indian shares were modestly higher on Friday as weak U.S. labor market data fueled fresh hopes for a Federal Reserve rate cut this month.
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1h 27min ago
Australian Market Trims Early Gains In Mid-market
The benchmark S&P/ASX 200 Index is gaining 30.30 points or 0.34 percent to 8,856.80, after touching a high of 8,880.70 earlier. The broader All Ordinaries Index is up 35.00 points or 0.39 percent to 9,126.40. Australian stocks closed significantly higher on Thursday.
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2h 38min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
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2h 55min ago
Sensex, Nifty Seen Higher At Open On Firm Global Cues
Indian shares are likely to open higher on Friday, tracking firm cues from global markets and falling oil prices on oversupply concerns ahead of an OPEC+ meeting this weekend.
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3h 24min ago
Japanese Market Significantly Higher
Extending the gains in the previous session, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 42,900 level, with gains across most sectors led by index heavyweights, automakers and technology stocks.
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4h 16min ago
Rebound Anticipated For Thai Stock Market
The Thai stock market on Thursday snapped the three-day winning streak in which it had jumped almost 24 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to bounce higher again on Friday.
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4h 23min ago
Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains in financial stocks and a mixed performance across most other sectors.
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4h 36min ago
