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Australia Rate Decision On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia 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 RBA is widely expected to keep its benchmark lending rate unchanged at 3.60 percent.
South Korea will release October data for consumer prices, with forecasts suggesting a flat monthly reading and a 2.1 percent yearly increase. That follows the 0.5 percent monthly increase and the 2.1 percent annual gain in September.
Japan will see October results for the manufacturing PMI from Jibun Bank; in September, the index score was 48.3.
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European Shares Seen Lower As US Economic Concerns Mount
European stocks are seen opening on a sluggish note Tuesday as weak U.S. manufacturing data raised concerns about a slowing U.S. economy and mixed comments from Federal Reserve officials dampened hopes for a December rate cut.
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1h 18min ago
Sensex, Nifty Subdued In Early Trade
Indian shares were slightly lower in cautious trade on Tuesday, tracking mixed cues from global markets.
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2h 26min ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Tuesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,850 level, with weakness in iron ore miners, financial, energy and technology stocks partially offset by gains in gold miners and stocks.
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3h 31min ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Tuesday, following the mixed cues from Wall Street overnight, as traders have been reluctant to make more significant moves ahead of the release of US payroll processor ADP's report on private sector employment on Wednesday. A survey showed economic activity in the U.S. manufacturing sector contracted in October for the eighth consecutive month.
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3h 58min ago
Sensex, Nifty Seen Flat To Lower At Open
Indian shares are seen opening flat to slightly lower on Tuesday after Federal Reserve officials offered mixed signals about future rate cuts.
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4h 26min ago
Thai Stock Market May Snap Losing Streak On Tuesday
The Thai stock market has moved lower in three straight sessions, slumping more than 6 points or 0.5 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,310-point plateau although it may stop the bleeding on Tuesday.
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4h 57min ago
Japanese Market Slightly Higher
The Japanese stock market is slightly higher in post-holiday trading on Tuesday after opening well in the red, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 52,450 level, with gains in exporters and automaker stocks partially offset by weakness in index heavyweights, technology and financial stocks.
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5h 13min ago
Indonesia Stock Market To Remain Rangebound On Tuesday
The Indonesia stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,275-point plateau and it's likely to see little movement on Tuesday.
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5h 27min ago
