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Japan Money Stock Data Due On Monday
(RTTNews) - Japan will on Monday release August figures for its money stock, headlining a light day for Asia-Pacific economic activity. The M2 money stock is expected to rise 2.5 percent on year, up from 2.4 percent in July.
Japan also will see July numbers for machine tool orders; in June, orders were down 19.8 percent on year.
Malaysia will provide July data for industrial production, with forecasts suggesting an increase of 0.3 percent on year following the 2.2 percent decline in June.
China will see August figures for new loans, which are expected to come in at $1,150.0 billion - up from $345.9 billion a month earlier. The M2 money stock (10.7 percent) and outstanding loan growth (11.1 percent) are called unchanged.
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Singapore Stock Market May Spin Its Wheels On Wednesday
The Singapore stock market has climbed higher in two straight sessions, gathering more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just beneath the 4,210-point plateau although it may be stuck in neutral on Wednesday.
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21 minutes ago
Malaysia Bourse May Hand Back Tuesday's Gains
The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and it's likely to remain rangebound again on Wednesday.
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51 minutes ago
Japan Shares May Turn Lower Again On Wednesday
The Japan stock market on Tuesday wrote a finish to the two-day slide in which it had tumbled almost 780 points or 1.8 percent. The Nikkei 225 now sits just shy of the 40,550-point plateau although it may head south again on Wednesday.
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1h 6min ago
South Korea Shares May Be Stuck In Neutral
The South Korea stock market has moved higher in back-to-back sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau although the rally may stall on Wednesday.
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1h 21min ago
New Zealand Unemployment Data Due On Wednesday
New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.
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2h 21min ago
U.S. Dollar Declines Amid Soft ISM PMI Data
The U.S. dollar dropped against its most major counterparts in the New York session on Tuesday amid soft ISM services PMI data for July.
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3h 1min ago
TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes
The Canadian market is up sharply on Tuesday with traders picking up stocks across the board, betting on hopes of an interest rate cut by the Federal Reserve next month.
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6h 20min ago
Swiss Market Ends Modestly Higher
The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
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6h 53min ago
