Australia Building Approval Data Due On Friday

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Australia Building Approval Data Due On Friday

(RTTNews) - Australia will on Friday release April figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to fall 5.7 percent on month and rise 5.1 percent on year after sinking 8.8 percent on month and climbing 9.9 percent on year in March.

Japan will see April results for household spending and for its leading and coincident indexes. Spending is expected to fall 0.8 percent on month and gain 1.5 percent on year after advancing 0.4 percent on month and 2.1 percent on year in the previous month. In March, the leading index was down 0.1 percent on month and the coincident dipped 1.4 percent.

South Korea will see April numbers for current account; in March, the current account surplus was $9.14 billion.

Thailand will release May data for consumer prices, with overall inflation expected to fall 0.83 percent on year after slipping 0.22 percent in April. Core CPI is called steady, higher by an annual 0.98 percent.

Finally, the markets in South Korea (Memorial Day) and Singapore and Indonesia (Eid-al-Adha) are closed on Friday.

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European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening flat to slightly higher on Thursday as investors await the latest PMI data from the region and look forward to key speeches from Fed officials when they convene in Jackson Hole, Wyoming, for the Fed's annual economic symposium.
RTTNews | 57 minuter sedan
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. At 3.15 am ET, S&P Global publishes France flash PMI survey results.
RTTNews | 1h 2minuter sedan
Sensex, Nifty Extend Gains In Cautious Trade

Sensex, Nifty Extend Gains In Cautious Trade

Indian shares traded higher for a sixth consecutive session on Thursday, though overall gains remained limited due to mixed global cues ahead of the Federal Reserve's annual symposium at Jackson Hole, Wyoming, from August 21 to August 23, where Fed Chairman Jerome Powell is due to speak.
RTTNews | 1h 53minuter sedan
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending early gains in mid-market moves on Thursday, adding to the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 9,000 mark to fresh all-time highs, with gains across most sectors led by mining, financial and energy stocks.
RTTNews | 3h 10minuter sedan
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, after reports indicated the Trump administration is looking into the federal government taking equity stakes in Intel and other chipmakers in return for the federal subsidies. Traders also remain optimistic about the US Fed cutting interest rates is September.
RTTNews | 3h 33minuter sedan
Renewed Selling Pressure Tipped For Thai Stock Market

Renewed Selling Pressure Tipped For Thai Stock Market

The Thai stock market on Wednesday wrote a finish to the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may hand back those gains on Thursday.
RTTNews | 4h 35minuter sedan
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,650 level, with weakness in index heavyweights, automakers and financial stocks.
RTTNews | 4h 44minuter sedan