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China Services PMI Data Due On Wednesday
(RTTNews) - China will on Wednesday see March results for the Services PMI from Caixin, highlighting a modest day for Asia-Pacific economic activity. The index is tipped to see a score of 52.7, up from 52.5 in February.
Japan also will see March Services PMI data, from Jibun Bank, with forecasts suggesting a score of 54.9 - steady from the previous month.
Australia will see March results for both the manufacturing and construction indexes from AiG; in February, their scores were -12.6 and -18.4, respectively.
Hong Kong will release February figures for retail sales; in January, sales were up 0.9 percent on year.
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Japanese Market Significantly Higher
The Japanese market is trading significantly higher on Thursday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,200 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers and financial stocks.
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22 minutes ago
Little Movement Seen For Indonesia Stock Market
The Indonesia stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 260 points or 3.6 percent. The Jakarta Composite Index now rests just beneath the 7,700-point plateau and it's likely to remain in that neighborhood again on Thursday.
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35 minutes ago
Win Streak May End For Hong Kong Stock Market
The Hong Kong stock market has moved higher in four straight sessions, climbing almost 1,250 points or 4.9 percent along the way. The Hang Seng Index now sits just above the 26,200-point plateau although it may run out of steam on Thursday.
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50 minutes ago
China Stock Market May Spin Its Wheels On Thursday
The China stock market ticked higher again on Wednesday, one day after ending the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may hand back those gains on Thursday.
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1h 5min ago
Australian Market Modestly Lower
The Australian market is trading modestly lower on Thursday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to be a tad above the 8,800 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
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1h 6min ago
Taiwan Stock Market May Run Out Of Steam On Thursday
The Taiwan stock market has tracked higher in six straight sessions, collecting more than 1,170 points or 4.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 25,200-point plateau although it's overdue for profit taking on Thursday.
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1h 35min ago
Japan Producer Prices Slip 0.2% In August
Producer prices in Japan were down 0.2 percent on month in August, the Bank of Japan said on Thursday.
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1h 55min ago
Renewed Consolidation Tipped For Singapore Shares
The Singapore stock market rebounded on Wednesday, one day after halting the three-day winning streak in which it had gathered more than 20 points or 0.4 percent. The Straits Times Index now sits just shy of the 4,350-point plateau although it may tick lower again on Thursday.
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2h 5min ago
