Japan Producer Price Data Due On Monday

RTTNews | 841 days ago
Stocktwits
Japan Producer Price Data Due On Monday

(RTTNews) - Japan will on Monday release December data for producer prices, highlighting a busy day for Asia-Pacific economic activity. Producer prices are expected to rise 0.3 percent on month and 9.5 percent on year after gaining 0.6 percent on month and 9.3 percent on year in November.

South Korea will provide December numbers for imports, exports and trade balance. In November, imports were down 2.4 percent on year and exports dropped 9.5 percent for a trade deficit of $4.69 billion.

Australia will see November numbers for private house approvals and December results for the inflation gauge from the Melbourne Institute. In October, approvals were down 2.5 percent on month, while the inflation forecast in November was up 1.0 percent on month.

China will see December figures for its house price index; in November, house prices were down 1.6 percent on year.

Indonesia will release December numbers for imports, exports and trade balance. Imports are expected to sink 7.58 percent on year after easing 1.89 percent in November. Exports are called higher by an annual 6.65 percent, up from 5.58 percent in the previous month. The trade surplus is pegged at $4.01 billion, down from $5.16 billion a month earlier.

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European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite Purchasing Managers' survey data from the euro area is the top economic news due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial production for March. Economists forecast output to grow at a slower pace of 0.4 percent month-on-month, following February's 0.7 percent increase.
RTTNews | 2h 40min ago
China Service Sector Growth Softens In April

China Service Sector Growth Softens In April

China's service sector grew at the slowest pace in seven months in April as disruptions to goods trade amid fresh tariffs negatively impacted new work of some service providers, survey data from S&P Global revealed Tuesday. The Caixin Services Purchasing Managers' Index fell to 50.7 in April from 51.9 in March. The reading was forecast to drop moderately to 51.7.
RTTNews | 3h 27min ago
Sensex, Nifty Marginally Lower In Early Trade

Sensex, Nifty Marginally Lower In Early Trade

Indian shares struggled for direction on Tuesday as tensions between India and Pakistan simmered and media reports suggested that India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in its trade negotiations with the U.S.
RTTNews | 4h 38min ago
Australian Market Slightly Higher In Mid-market After Early Losses

Australian Market Slightly Higher In Mid-market After Early Losses

The Australian stock market is slightly higher in mid-market trading on Tuesday after early losses, reversing some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,200 level, with strong gains in gold miners nearly offset by weakness in iron ore miners, financial and some technology stocks.
RTTNews | 4h 54min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, amid easing global trade concerns after US Treasury Secretary Scott Bessent said 17 trading partners, excluding China, have presented very good trade proposals and some deals may be announced as early as this week. He added there could be substantial progress on trade with China.
RTTNews | 5h 38min ago
Thai Stock Market Due For Consolidation On Tuesday

Thai Stock Market Due For Consolidation On Tuesday

Ahead of Monday's holiday for Coronation Day, the Thai stock market had moved higher in five straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau although it's expected to open in the red on Tuesday.
RTTNews | 6h 39min ago
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