BoJ Tankan Survey Data Due On Tuesday

RTTNews | 111 days ago
BoJ Tankan Survey Data Due On Tuesday

(RTTNews) - The Bank of Japan will release its quarterly Tankan Survey of business sentiment later this morning, highlighting a busy day for Asia-Pacific economic activity.

The large manufacturers index is expected to see a score of +10 with an outlook of +9; both showed +12 in the previous three months. Large industry capex was up 3.1 percent in the previous quarter, while small industry capex slumped 10.0 percent.

South Korea will provide preliminary June numbers for imports, exports and trade balance. Imports are expected to rise 6.9 percent on year after shrinking 5.3 percent in May. Exports are called higher by an annual 4.7 percent after easing 1.3 percent in the previous month. The trade surplus is pegged at $8.40 billion, up from $6.94 billion a month earlier.

Indonesia will see May trade data and June numbers for consumer prices. In April, imports jumped 21.84 percent on year and exports added an annual 5.76 percent for a trade surplus of $0.15 billion. In May, overall inflation was down 0.37 percent on month and up 1.6 percent on year, while core CPI rose an annual 2.4 percent.

New Zealand will release May figures for building consents; in April, consents were down 15.6 percent on month.

A number of the regional nations will see June results for their respective manufacturing PMIs from S&P Global, including Australia, Indonesia, Japan (Jibun), Malaysia, the Philippines, South Korea, Taiwan, Thailand, Vietnam and China (Caixin).

Finally, the markets in Hong Kong are closed on Tuesday for the Special Administrative Region Establishment Day and will re-open on Wednesday.

read more
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 surging almost 2.5 percent to well above the 48,700 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | 36 minutes ago
Rebound Anticipated For Indonesia Stock Market

Rebound Anticipated For Indonesia Stock Market

The Indonesia stock market headed south again on Friday, one day after ending the three-day losing streak in which it had dropped more than 200 points or 2.6 percent. The Jakarta Composite Index now rests just above the 7,915-point plateau although it may bounce higher again on Monday.
RTTNews | 37 minutes ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is modestly lower on Monday, adding to the losses in the previous session, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 9,000.00 mark, with weakness in mining stocks partially offset by gains in energy, financial and technology stocks.
RTTNews | 1h 3min ago
Hong Kong Bourse May Find Traction On Monday

Hong Kong Bourse May Find Traction On Monday

The Hong Kong stock market has finished lower in back-to-back sessions, dropping more than 660 points or 2.6 percent along the way. The Hang Seng Index now rests just beneath the 25,250-point plateau although it may stop the bleeding on Monday.
RTTNews | 1h 7min ago
Higher Open Seen For China Stock Market

Higher Open Seen For China Stock Market

The China stock market on Friday ended the two-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Shanghai Composite Index now sits beneath the 3,840-point plateau although it's expected to move back to the upside again on Monday.
RTTNews | 1h 37min ago
Taiwan Bourse May Reverse Friday's Losses

Taiwan Bourse May Reverse Friday's Losses

The Taiwan stock market on Friday wrote a finish to the two-day winning streak in which it had jumped more than 850 points or 2.9 percent. The Taiwan Stock Exchange now sits just above the 27,300-point plateau although it figures to rebound again on Monday.
RTTNews | 2h 7min ago
Rebound Anticipated For Japan Stock Market

Rebound Anticipated For Japan Stock Market

The Japanese stock market on Friday ended the two-day winning streak in which it had rallied more than 1,425 points or 2.8 percent. The Nikkei 225 now sits just above the 47,580-point plateau although it may bounce higher again on Monday.
RTTNews | 2h 37min ago
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has tracked higher in three straight sessions, accelerating almost 190 points or 5 percent in that span. Now at another fresh record closing high, the KOSPI rests just beneath the 3,750-point plateau and it may add to its winnings again on Monday.
RTTNews | 3h 7min ago