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Australia Trade Data Due On Thursday
(RTTNews) - Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. The trade balance is expected to show a surplus of A$10.725 billion, up from A$10.495 billion in April - when imports dipped 0.7 percent on month and exports rose 1.0 percent.
Australia also will see June results for the Performance of Services Index from the Australian Industry Group; in May, the index score was 49.2.
Japan will release preliminary May figures for its leading and coincident economic indexes; in April, their scores were 102.9 and 96.8, respectively.
South Korea will provide May numbers for current account; in April, the balance showed a deficit of $0.08 billion.
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Rebound Anticipated For Taiwan Stock Market
The Taiwan stock market headed south again on Wednesday, one day after ending the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just beneath the 23,450-point plateau although it's likely to bounce higher again on Thursday.
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20 minutes ago
Higher Open Called For Singapore Stock Market
The Singapore stock market has climbed higher in three straight sessions, gathering more than 70 points or 1.7 percent along the way. The Straits Times Index now sits just above the 4,225-point plateau and it may see additional support again on Thursday.
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50 minutes ago
South Korea Has $14.27 Billion Current Account Surplus
South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday - up from $10.14 billion in May.
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1h 12min ago
Malaysia Shares Tipped To Open To The Upside
The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's got another green light for Thursday's trade.
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1h 20min ago
Japan Stock Market May Crack Resistance At 41,000 Points
The Japan stock market has moved higher in back-to-back sessions, advancing more than 500 points or 1.2 percent along the way. The Nikkei 225 now sits just shy of the 40,800-point plateau and it's tipped to open in the green again on Thursday.
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1h 35min ago
Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau and it may add to its winnings again on Thursday.
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1h 50min ago
China Trade Data On Tap For Thursday
China will on Thursday release July figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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2h 50min ago
U.S. Dollar Drops Against Majors
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday.
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3h 51min ago
