New Zealand Unemployment Data Due On Wednesday

RTTNews | 21 days ago
New Zealand Unemployment Data Due On Wednesday

(RTTNews) - New Zealand will on Wednesday release Q1 figures for unemployment, highlighting s busy day for Asia-Pacific economic activity.

Overall employment is expected to add 0.3 percent on quarter, easing from 0.4 percent in the previous three months. The jobless rate is pegged at 4.3 percent, up from 4.0 percent three month earlier.

Australia will see April results for the construction and manufacturing indexes from AiG, as well as the manufacturing index from Judo Bank. In March, the AiG indexes had scores of -12.9 and 0.70, respectively, while the Judo index was at 47.3.

Japan will see April results for the manufacturing PMI from Jibun Bank; in March, the index score was 48.2.

South Korea will release April numbers for imports, exports and trade balance; in March, imports were down 12.3 percent on year and exports rose an annual 3.1 percent for a trade surplus of $4.29 billion.

The markets in South Korea, Malaysia, Singapore, Taiwan, China, Hong Kong, Indonesia and Thailand are all closed on Wednesday for Labor Day.

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Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 7,800 level, following the broadly positive cues from Wall Street overnight, with gains in miners and financial stocks partially offset by weakness in technology stocks.
RTTNews | 4h 4min ago
Indonesia Shares May Find Traction On Wednesday

Indonesia Shares May Find Traction On Wednesday

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Higher Open Anticipated For Hong Kong Shares

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Renewed Support Predicted For China Stock Market

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Taiwan Shares May Reverse Tuesday's Losses

Taiwan Shares May Reverse Tuesday's Losses

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South Korea Shares Likely To Remain Rangebound

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The South Korea stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had advanced more than 25 points or 1 percent. The KOSPI now sits just beneath the 2,725-point plateau although it may bounce higher again on Wednesday.
RTTNews | 6h 30min ago
New Zealand Interest Rate Decision On Tap For Wednesday

New Zealand Interest Rate Decision On Tap For Wednesday

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBNA is expected to keep its Official Cash Rate steady at 5.50 percent.
RTTNews | 7h 30min ago
TSX Ends Slightly Up At New Record High

TSX Ends Slightly Up At New Record High

The Canadian market recorded a fresh closing high on Tuesday, edging up slightly after stocks moved in a tight range. Data showing a slowdown in consumer price inflation raised hopes the central bank will soon start reducing interest rates.
RTTNews | 8h 6min ago