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Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release May figures for consumer prices, highlighting a light day in Asia-Pacific economic activity. In April, overall inflation was up 0.4 percent on month and 2.5 percent on year, while core CPI climbed an annual 2.1 percent.
Singapore will provide May numbers for industrial production, with forecasts suggesting an increase of 2.8 percent on month and 5.8 percent on year. That follows the 2/2 percent monthly increase and the 6.2 percent annual gain in April.
China will see final current account data for the first quarter of 2022; the current account surplus was $118.4 billion in the three months prior.
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Australian Market Notably Lower
The Australian stock market is trading notably lower on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks.
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1h 3min ago
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Monday.
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1h 4min ago
Losing Streak May Continue For China Stock Market
The China stock market has finished lower in back-to-back sessions, slumping almost 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,970-point plateau and it may take further damage again on Tuesday.
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1h 5min ago
RBA Minutes: Global Growth Likely To Slow In H2 2025
Members of the Reserve Bank of Australia's Monetary Policy Board felt that the country's economic growth was expected to slow in the second half of 2025, minutes from the central bank's November 4 monetary policy meeting revealed on Tuesday.
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1h 19min ago
Taiwan Bourse May Hand Back Monday's Gains
The Taiwan stock market on Monday wrote a finish to the two-day slide in which it had given up almost 550 points or 2 percent. The Taiwan Stock Exchange now sits just beneath the 27,450-point plateau although it's expected to open in the red on Tuesday.
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1h 35min ago
Singapore Shares May Take Further Damage On Tuesday
The Singapore stock market has finished lower in consecutive trading days, shedding more than 30 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,540-point plateau and it may extend its losses on Tuesday.
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2h 5min ago
Little Movement Seen For Malaysia Stock Market
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,625-point plateau and it's likely to remain rangebound again on Tuesday.
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2h 35min ago
Continued Consolidation Called For Japan Stock Market
The Japan stock market has finished lower in back-to-back sessions, shedding more than 940 points or 1.9 percent along the way. The Nikkei 225 now rests just above the 50,320-point plateau and it's expected to open under pressure again on Tuesday.
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2h 50min ago
