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Japan Producer Price Data Due On Wednesday
(RTTNews) - Japan will on Wednesday release August figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
Producer prices are expected to rise 0.1 percent on month and 3.2 percent on year after adding 0.1 percent on month and 3,6 percent on year in July.
Hong Kong will provide Q2 numbers for industrial production and producer prices. In the three months prior, industrial production climbed 3.9 percent on year and producer prices added an annual 1.0 percent.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, as traders continued to digest the US Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
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14 minut temu
Sensex, Nifty Eye Cautious Start After Recent Gains
Indian shares are seen opening little changed on Friday after recent gains supported by GST reforms and encouraging progress in India-U.S. trade discussions.
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43 minut temu
Thai Shares May Halt Slide On Friday
The Thai stock market has moved lower in consecutive trading days, shedding more than 10 points of 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau, although it may find support on Friday.
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1g 16 minut temu
Japanese Market Notably Higher
Extending the gains in the previous session, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 45,700 level, with gains across most sectors led by automakers, financial and technology stocks.
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1g 34 minut temu
Higher Open Tipped For Indonesia Stock Market
The Indonesia stock market on Thursday ended the seven-day winning streak in which it had surged almost 400 points or 5 percent. The Jakarta Composite Index now sits just shy of the 8,010-point plateau, although it may tick higher again on Friday.
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1g 46 minut temu
Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, reversing 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 8,800 level, with gains energy and technology stocks partially offset by weakness in mining stocks.
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1g 46 minut temu
Hong Kong Bourse Expected To Remain Rangebound
The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,550-point plateau although it's likely to move back to the upside again on Friday.
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2g 1 minut temu
China Shares May Bounce Higher Again On Friday
The China stock market on Thursday ended the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index now rests just above the 3,830-point plateau although it's expected to rebound on Friday.
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2g 16 minut temu
