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Malaysia Trade Data Due On Monday
(RTTNews) - Malaysia will on Monday release October figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In September, imports were down 11.1 percent on year and exports dropped 13.7 percent for a trade surplus of MYR24.50 billion.
Taiwan will provide October numbers for export orders and Q# data for current account. In September, export orders slumped 15.6 percent on year, while the current account surplus in Q2 was $22.24 billion.
Thailand will see Q3 figures for gross domestic product; in the three months prior, GDP was up 0.2 percent on quarter and 1.8 percent on year.
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Continued Consolidation Called For Singapore Shares
The Singapore stock market has moved lower in two straight sessions, sinking more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 3,920-point plateau and it may take further damage on Thursday.
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28 minut temu
Renewed Selling Pressure Expected For Malaysia Shares
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's likely to head south again on Thursday.
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58 minut temu
Japan Stock Market May Run Out Of Steam On Thursday
The Japan stock market has finished higher in four straight sessions, climbing more than 860 points or 2.5 percent along the way. The Nikkei 225 now sits just above the 38,420-point plateau although it's due for consolidation on Thursday.
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1g 13 minut temu
South Korea Shares Due For Consolidation
The South Korea stock market has finished higher in six straight sessions, collecting more than 210 points or 7.7 percent along the way. The KOSPI now rests just above the 2,900-point plateau although investors are likely to lock in gains on Thursday.
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1g 28 minut temu
New Zealand Card Retail Sales Data Due On Thursday
New Zealand will on Thursday release May figures for electronic card retail sales, highlighting a light day for Asia-Pacific economic activity. In April, sales were flat on month and down 0.3 percent on year.
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2g 28 minut temu
U.S. Dollar Declines After Softer-than-expected Inflation Data
The U.S. dollar dropped against its major counterparts in the New York session on Wednesday, as the consumer price index came in softer than expected in May.
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4g 41 minut temu
Swiss Market Fails To Hold Early Gains, Settle Modestly Lower
The Switzerland market ended modestly lower on Wednesday despite spending much of the day's trading session in positive territory.
Although the market gained some ground in positive territory, reacting to news about U.S. and Chinese officials reaching a framework to implement the Geneva consensus following two days of discussions in London, the mood turned cautious later on in the session.
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6g 23 minut temu
European Stocks Pare Early Gains, Close Mostly Lower
Despite U.S. and Chinese officials announcing an agreement in principle on a framework to ease trade disputes, European stocks failed to hold early gains and closed mostly lower on Wednesday, with the mood turning cautious as the plan is subject to approval by the presidents of the two nations.
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6g 42 minut temu
