New Zealand Retail Sales Data Due On Monday

RTTNews | 182 days ago
New Zealand Retail Sales Data Due On Monday

(RTTNews) - New Zealand will on Monday release Q4 numbers for retail sales, highlighting a light day for Asia-Pacific economic activity.

Sales are expected to rise 0.5 percent on quarter after easing 0.1 percent in the previous three months. Core retail sales are tipped to add 0.2 percent on quarter after slipping 0.8 percent in the three months prior.

Singapore will see January figures for consumer prices. Overall inflation is expected to climb 2.2 percent on year, up from 1.6 percent in December. Core CPI is seen higher by an annual 1.5 percent, easing from 1.8 percent in the previous month.

Finally, the markets in Japan are closed on Monday in observance of the Emperor's birthday and will re-open on Tuesday.

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Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews | 5h 2min ago
Asian Markets Track Wall Street Higher

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Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews | 5h 19min ago
Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | 6h 28min ago