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Japan Composite PMI Data Due On Tuesday
(RTTNews) - Japan will on Tuesday see preliminary January figures for its composite PMI from Jibun Bank, highlighting a light day for Asia-Pacific economic activity. In December, the PMI score was 48.9.
Thailand will see December results for imports, exports and trade balance. Imports are expected to sink 8.00 percent on year after rising 5.60 percent in November, Exports are called lower by an annual 10.65 percent after slipping 6.00 percent in the previous month. The trade deficit is pegged at $1.100 billion following the $1.340 billion shortfall a month earlier.
Finally, many of the regional markets remain closed on Tuesday for the Lunar New Year holiday, including South Korea, Malaysia, Singapore, Taiwan, China and Hong Kong.
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Australian Market Trims Early Slight Gains In Mid-market
The Australian stock market is trimming its early slight gains in mid-market moves in choppy trading on Wednesday, reversing some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,450 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miner stocks partially offset by weakness in financial stocks.
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1h 56min ago
Asian Markets Trade Mostly Higher
Asian markets are trading mostly higher on Wednesday, despite the negative cues from Wall Street overnight, as traders look to pick up stocks at a bargain following the three-day sell-off in the markets. They are also cautious ahead to the release of some US economic data that was delayed, including the September jobs report on Thursday for clues on the outlook for interest rates.
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2h 13min ago
Indian Shares Seen Little Changed With Focus On Trade Deal
Indian markets look set to open on a flat note Wednesday as investors watch the latest developments on the India-U.S. trade deal.
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2h 40min ago
Thai Stock Market May Extend Tuesday's Losses
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,270-point plateau and it's got another weak lead for Wednesday's trade.
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3h 24min ago
Japanese Market Slightly Higher
The Japanese stock market is slightly higher on Wednesday after opening in the green and briefly slipping in to the red, reversing some of the losses in the previous three sessions, following the negative cues from Wall Street overnight. The Nikkei 225 is staying above the 48,700 level, with gains in automakers and index heavyweights partially offset by weakness in financial and technology stocks.
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3h 39min ago
Lower Open Called For Indonesia Stock Market
The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had slipped almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just above the 8,360-point plateau although the losses may accelerate on Wednesday.
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3h 54min ago
Hong Kong Shares Expected To Open In The Red
The Hong Kong stock market has finished lower in three straight sessions, slumping almost 1,150 points or 4.3 percent along the way. The Hang Seng Index now rests just above the 25,900-point plateau and it may extend its losses on Wednesday.
RTTNews
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4h 9min ago
Australian Market Slightly Higher
Australian shares are trading slightly higher on Wednesday, reversing some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,450 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miner stocks partially offset by weakness in financial stocks. Most other sectors are performing mixed.
RTTNews
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4h 16min ago
