Australia Unemployment Data Due On Thursday

RTTNews | 110 days ago
Australia Unemployment Data Due On Thursday

(RTTNews) - Australia will on Thursday release February figures for unemployment, highlighting a busy day for Asia-Pacific economic activity.

The jobless rate is expected to hold steady, with the addition of 31,400 jobs following the increase of 44,000 jobs in January.

New Zealand will provide Q4 numbers for gross domestic product, with forecasts suggesting an increase of 0.4 percent on quarter and a decline of 1.4 percent on year. That follows the 1.0 percent quarterly decline and the 1.5 percent yearly drop in the three months prior.

Malaysia will see February data for imports, exports and trade balance. Imports are expected to rise 8.0 percent on year, up from 6.2 percent in January. Exports are called higher by an annual 5.6 percent, up from 0.3 percent in the previous month. The trade surplus is pegged at MYR11.20 billion, up from MYR3.60 billion a month earlier.

The de facto central bank in Taiwan will announce its decision on interest rates; currently, the benchmark sits at 2.00 percent. Also, Taiwan will see February figures for export orders; in January, orders were down 3.0 percent on year.

Hong Kong will provide February numbers for consumer prices; in January, overall inflation was up 0.4 percent on month and 2.0 percent on year.

Finally, the markets in Japan are closed on Thursday for the Vernal Equinox and will re-open on Friday.

read more
European Shares Set For Lower Open With Focus On US Tariffs

European Shares Set For Lower Open With Focus On US Tariffs

European stocks look set to open broadly lower on Tuesday after U.S. President Donald Trump imposed new tariff rates on partners including Japan and South Korea but left the door open for additional negotiations, saying that the earlier notifications were "not 100 percent firm."
RTTNews | 41 minutes ago
European Economic News Preview: Germany Foreign Trade Data Due

European Economic News Preview: Germany Foreign Trade Data Due

Foreign trade data from Germany and France are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's foreign trade data for May. Exports are forecast to remain flat in May after falling 1.7 percent in April. The trade surplus is seen at EUR 18.1 billion compared to April's EUR 14.6 billion surplus.
RTTNews | 56 minutes ago
Mild Selling Pressure Tipped For Thai Stock Market

Mild Selling Pressure Tipped For Thai Stock Market

The Thai stock market ticked higher again on Monday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,125-point plateau and it's likely to remain rangebound again on Tuesday.
RTTNews | 4h 18min ago
Indonesia Bourse May Hand Back Monday's Gains

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday ended the four-day losing streak in which it had slumped more than 60 points or 0.9 percent. The Jakarta Composite Index now sits just above the 6,900-point plateau although it's likely to turn lower again on Tuesday.
RTTNews | 4h 48min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 moving well above the 39,700 level, with gains in automakers and technology stocks.
RTTNews | 4h 50min ago
Hong Kong Bourse May Extend Losing Streak

Hong Kong Bourse May Extend Losing Streak

The Hong Kong stock market has finished lower in three straight sessions, sinking more than 330 points or 1.4 percent along the way. The Hang Seng Index now sits just shy of the 23,890-point plateau and it's tipped to open to the downside again on Tuesday.
RTTNews | 5h 3min ago