South Korea Rate Decision On Tap For Thursday

RTTNews | 649 days ago
South Korea Rate Decision On Tap For Thursday

(RTTNews) - The Bank of Korea 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 BoK is expected to keep its benchmark lending rate unchanged at 3.50 percent.

The central bank in Indonesia also will conclude its monetary policy meeting and announce its decision on interest rates. The central bank is expected to keep unchanged its benchmark lending rate (5.75 percent), lending facility rate (6.50 percent) and its deposit facility rate (5.00 percent).

Hong Kong will provide July figures for imports and exports. Imports are expected to sink 8.2 percent on month after dropped 12.3 percent in June. Exports are called lower by an annual 13.6 percent after shedding 11.4 percent in the previous month.

read more
Indonesia Bourse May See Positive Bounce On Tuesday

Indonesia Bourse May See Positive Bounce On Tuesday

The Indonesia stock market has moved lower in two straight sessions, sinking more than 130 points or 1.9 percent along the way. The Jakarta Composite Index now rests just above the 7,065-point plateau and it may halt its slide on Tuesday.
RTTNews | 36 minutes ago
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, reversing some of the sharp losses in the previous two sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 37,600 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers and financial stocks.
RTTNews | 44 minutes ago
Hong Kong Shares Tipped To Open To The Upside On Tuesday

Hong Kong Shares Tipped To Open To The Upside On Tuesday

The Hong Kong stock market has finished lower in two straight sessions, retreating more than 410 points or 1.9 percent along the way. The Hang Seng Index now sits just beneath the 23,160-point plateau although it's expected to open in the green on Tuesday,
RTTNews | 51 minutes ago
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,450 level, with gains across all sectors led by mining and energy stocks amid a hike in commodity prices.
RTTNews | 1h 0min ago
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

Ahead of Monday's holiday for the Dragon Boat Festival, the China stock market had turned lower again on Friday, one day after snapping the five-day losing streak in which it had surrendered almost 50 points or 1.5 percent. The Shanghai Composite Index now sits just beneath the 3,350-point plateau although it may see mild upside on Tuesday.
RTTNews | 1h 6min ago
Tech Shares Likely To Boost Taiwan Stock Market

Tech Shares Likely To Boost Taiwan Stock Market

The Taiwan stock market has moved lower in two straight sessions, sinking almost 360 points or 1.7 percent along the way. The Taiwan Stock Exchange now sits just above the 21,000-point plateau although it may find support on Tuesday.
RTTNews | 1h 36min ago
Mild Upside Predicted For Singapore Stock Market

Mild Upside Predicted For Singapore Stock Market

The Singapore stock market has moved lower in back-to-back sessions, slipping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,890-point plateau and it's expected to open to the upside on Tuesday.
RTTNews | 2h 6min ago