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Australia Building Approval Data Due On Thursday
(RTTNews) - Australia will on Thursday release December data for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 1.0 percent on month after sinking 9.0 percent in November.
Japan will provide January numbers for monetary base, with forecasts suggesting a decline of 3.2 percent on year following the 6.1 percent decline in the previous month.
South Korea will see January figures for consumer prices, with forecasts calling for an increase of 0.5 percent on month and 5.0 percent on year. That follows the 0.2 percent monthly increase and the 5.0 percent yearly gain in December.
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Australian Market Modestly Lower
The Australian market is trading modestly lower on Thursday, adding to the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,900 level, with gains in iron ore miners and financial partially offset by weakness in technology stocks.
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12 minutos atrás
Taiwan Bourse May Remain Rangebound On Thursday
The Taiwan stock market has moved higher in two of three trading days since the end of the two-day slide in which it had slumped more than 220 points or 0.8 percent. The Taiwan Stock Exchange now sits just shy of the 28,300-point plateau although it may tick lower again on Thursday.
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39 minutos atrás
Singapore Shares May See Continued Consolidation
The Singapore stock market on Wednesday snapped the six-day winning streak in which it had jumped more than 120 points or 2.9 percent. The Straits Times Index now sits just above the 4,440-point plateau and it may take further damage on Thursday.
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1 h 4 min atrás
U.S. Dollar Climbs On Powell's Comments
The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as Federal Reserve Chair Jerome Powell's comments triggered doubts about the likelihood of a rate cut in December.
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1 h 20 min atrás
Malaysia Stock Market May Spin Its Wheels On Thursday
The Malaysia stock market has finished lower in back-to-back sessions, slipping almost 7 points or 0.4 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it may remain stuck in neutral on Thursday.
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1 h 34 min atrás
Japan Bourse May See Mild Downside Correction
The Japan stock market rebounded on Wednesday, one day after ending the two-day winning streak in which it had rallied more than 1,800 points or 3 percent. The Nikkei 225 now rests just above the 51,300-point plateau although it may run out of steam on Thursday.
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1 h 49 min atrás
South Korea Shares May Be Stuck In Neutral
The South Korea stock market bounced higher again on Wednesday, one day after halting the two-day winning streak in which it had gained almost 200 points or 5 percent. Now at a fresh record closing high, the KOSPI sits just above the 4,080-point plateau although investors may lock in gains on Thursday.
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2 h 4 min atrás
Japan Rate Decision On Tap For Thursday
The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is expected to keep its benchmark lending rate steady at 0.50 percent.
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3 h 4 min atrás
