Australia Current Account Data Due On Tuesday

RTTNews | 260 dias atrás
Australia Current Account Data Due On Tuesday

(RTTNews) - Australia will on Tuesday release Q3 numbers for its current account, highlighting a light day for Asia-Pacific economic activity.

Forecasts suggest a deficit of A$10.3 billion following the A$10.7 billion shortfall in the previous three months.

Japan will see November figures for its monetary base; in October, the base was flat on an annual basis.

South Korea will provide November numbers for consumer prices, with forecasts calling for a decline of 0.1 percent on month and a gain of 1.7 percent on year following the flat monthly reading and the 1.3 percent yearly increase in October.

New Zealand will release Q3 data for terms of trade with expectations calling for a gain of 1.2 percent on quarter following the 2.0 percent increase in Q2.

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Soft Start Expected For Hong Kong Stock Market

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The Hong Kong stock market has moved lower in four straight sessions, slumping more than 480 points or 1.7 percent along the way. The Hang Seng Index now rests just above the 25,120-point plateau and it may continue to sputter on Wednesday.
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China Shares May Test Support At 3,700 Points On Wednesday

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The China stock market on Tuesday snapped the two-day winning streak in which it had gained more than 60 points or 1.7 percent. The Shanghai Composite Index now sits just beneath the 3,730-point plateau and it's likely to open under water again on Wednesday.
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