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Tokyo Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release March data for Tokyo-area inflation, highlighting a light day for Asia-Pacific economic activity. In February, overall Tokyo inflation was up 2.9 percent on year, while core CPI rose an annual 2.2 percent.
Thailand will release February figures for industrial production, with forecasts suggesting a decline of 1.7 percent on year following the 0.85 percent drop in January.
Finally, the markets in Indonesia will be closed on Friday for Saka New Year; they then remain off until April 8 for Eid-ul-Fitr.
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Japan Stock Market May Extend Wednesday's Losses
The Japan stock market on Wednesday snapped the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 27,720-point plateau and it may take further damage on Thursday.
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18 minutes ago
KOSPI Likely To Remain Rangebound
The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had given up almost 35 points or 1.4 percent. The KOSPI now rests just above the 2,670-point plateau and it may hand back some of those gains on Thursday.
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33 minutes ago
Korea Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 2.75 percent.
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1h 33min ago
Euro Falls Against Most Majors
The euro fell against its most major counterparts in the New York session on Wednesday.
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2h 55min ago
Swiss Market Ends Notably Lower
Swiss stocks turned in a weak performance on Wednesday, losing ground gradually after opening marginally down, as uncertainty about U.S. government's trade policies rendered the mood cautious.
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6h 16min ago
European Stocks Fail To Hold Early Gains, Close Broadly Lower
Despite opening on a positive note, European stocks closed broadly lower on Wednesday as investors largely made cautious moves, awaiting more clarity on U.S. President Donald Trump's tariff moves and other policy decisions.
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6h 45min ago
Canadian Market Slightly Lower; BoM, National Bank Rise On Results
The Canadian market is slightly down on Wednesday with stocks moving in a tight range as investors digest earnings updates from Bank of Montreal and National Bank of Canada, and await further developments on trade negotiations between the U.S. and its major trading partners.
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7h 23min ago
Kingfisher Q1 Sales Rise, Says Confident Of FY25 View; But Stock Down
Home improvement retailer Kingfisher Plc reported Wednesday higher sales in its first quarter, benefited by improved results in UK & Ireland. Meanwhile, sales in France and Poland declined, and the company maintained its fiscal 2025 outlook. On the London Stock Exchange, Kingfisher shares were losing around 3.5 percent.
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10h 51min ago
