Japan GDP Data Due On Tuesday

RTTNews | 1007 dias atrás
Japan GDP Data Due On Tuesday

(RTTNews) - Japan will on Tuesday release preliminary Q4 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to expand 0.5 percent on quarter and 2.0 percent on year after sinking 0.2 percent on quarter and 0.8 percent on year.

Japan also will see final December numbers for industrial production; previous, industrial production eased 0.1 percent on month and capacity utilization fell 1.4 percent on month.

Australia will see February results for the consumer sentiment index from Westpac and January's business confidence survey from NAB. In January, the consumer sentiment index jumped 5.0 percent, while the business confidence index survey had a score of +12 in December.

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Lower Open Called For Thai Stock Market

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The Japanese stock market is trading modestly lower on Monday, extending the sharp losses in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 falling below the 50,200 level, with weakness exporter and automaker stocks as well as a mixed performance across most other sectors.
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The Hong Kong stock market on Friday wrote a finish to the four-day winning streak in which it had rallied almost 825 points or 3.5 percent. The Hang Seng Index now rests just above the 26,570-point plateau and it may take further damage on Monday.
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