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Australia Home Loan Data Due On Wednesday
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(RTTNews) - Australia will on Wednesday release December data for home loans, highlighting a light day for Asia-Pacific economic activity. In November, home loans were up 0.1 percent on month and investment lending slipped 1.0 percent.
Japan will see January results for M2 money stocks and machine tool orders. The M2 (1.3 percent) and tool orders (11.2 percent) are both expected to be unchanged.
Indonesia will provide December numbers for retail sales; in November, sales were up 0.9 percent on year.
Finally, the markets in Thailand are closed on Wednesday for Makha Bucha Day and will re-open on Thursday.
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Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline
Indian shares look set to open higher on Monday, tracking gains in U.S. index futures and mostly positive cues from Asian markets after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
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Thai Bourse May Hand Back Friday's Gains
The Thai stock market on Friday snapped the tw0-day slide in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,175-point plateau although it may head south again on Monday.
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Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving up to near the 37,400 level, with gains in index heavyweights, automakers and technology stocks.
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Win Streak May End For Indonesia Stock Market
The Indonesia stock market has moved higher in three straight sessions, gathering more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just above the 7,210-point plateau, although the rally may stall on Monday.
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Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market bounced higher again on Friday, one day after snapping the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,600-point plateau although it's tipped to open in the red on Monday.
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Australian Market Slightly Lower
The Australian stock market is slightly lower in choppy trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with a mixed performance across most sectors. Gold miners were the only bright spot
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China Shares Likely To Open To The Downside Again On Monday
The China stock market has moved lower in two straight sessions, falling almost 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just beneath the 3,350-point plateau and it's looking at another soft start again on Monday.
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Taiwan Shares May See Further Damage Again On Monday
The Taiwan stock market has moved lower in back-to-back sessions, sinking more than 150 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just above the 21,650-point plateau and it may extend its losses on Monday.
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