Australia Trade Data On Tap For Thursday

RTTNews | 69 days ago
Australia Trade Data On Tap For Thursday

(RTTNews) - Australia will on Thursday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In March, imports were down 2.2 percent on month and exports rose 7.6 percent for a trade surplus of A$6.90 billion.

South Korea will provide April numbers for current account; in March, the current account surplus was $9.14 billion.

Singapore will see April numbers for retail sales; in March, sales were down 2.8 percent on month and up 1.1 percent on year.

Taiwan will release May figures for consumer prices; in April, overall inflation was up 0.27 percent on month and 2.03 percent on year.

China will see May results for the services PMI from Caixin; in April, the index score was 50.7.

Thailand will provide May numbers for consumer prices; in April, overall inflation was down 0.22 percent on year, while core CPI climbed an annual 0.98 percent.

read more
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling well below the 8,850 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
RTTNews | 36 minutes ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, boosted by Hong Kong and Japanese markets amid improved outlook for interest rates after US consumer price inflation for July came in line with expectations. The U.S. and China also confirmed a 90-day extension of their trade truce. Asian markets closed mixed on Tuesday.
RTTNews | 47 minutes ago
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

Ahead of the long holiday weekend for Queen Sirikit's birthday, the Thai stock market had ended the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau although it's expected to bounce higher again on Wednesday.
RTTNews | 1h 54min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is sharply higher on Wednesday, extending the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 43,300 level to fresh record all-time highs, with gains across all sectors led by exporters and financial stocks.
RTTNews | 2h 12min ago
Indonesia Bourse May Test Resistance At 7,800 Points

Indonesia Bourse May Test Resistance At 7,800 Points

The Indonesia stock market has tracked higher in three straight sessions, improving more than 300 points or 4 percent along the way. The Jakarta Composite Index now sits just above the 7,790-point plateau and it may at least open higher again on Wednesday.
RTTNews | 2h 24min ago
Additional Support Called For Hong Kong Stock Market

Additional Support Called For Hong Kong Stock Market

The Hong Kong stock market has moved higher in back-to-back sessions, gathering more than 110 points or 0.4 percent along the way. The Hang Seng Index now rests just beneath the 24,970-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 2h 39min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday after opening in the green, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,900 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
RTTNews | 2h 41min ago