Indonesia Interest Rate Decision Due On Wednesday

RTTNews | 103 dagar sedan
Indonesia Interest Rate Decision Due On Wednesday

(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The benchmark lending rate (5.75 percent), deposit facility rate (5.00 percent) and lending facility rate (6.50 percent) are all seen to be unchanged.

Singapore will release March numbers for consumer prices; in February, overall inflation was up 0.8 percent on month and 0.9 percent on year, while core CPI rose an annual 0.6 percent.

Taiwan will provide March data for industrial production; in February, production was up 17.91 percent on year.

Hong Kong will see March figures for consumer prices; in February, overall inflation was down 0.1 percent on month and up 1.4 percent on year.

Malaysia will release March numbers for consumer prices; in February, overall inflation was up 0.4 percent on month and 1.5 percent on year.

Australia will see preliminary April results for the manufacturing and services PMIs from S&P Global; in March, their scores were 52.1 and 51.5, respectively.

Japan will see preliminary April results for the manufacturing and services PMIs from Jibun Bank; in March, their scores were 48.4 and 50.0, respectively.

New Zealand will provide March numbers for credit card spending; in February, spending was up 0.9 percent on year.

read more
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in choppy mid-market trading on Monday, also adding to the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,650.00 level, with weakness in energy, financial and technology stocks partially offset by strong gains in mining stocks.
RTTNews | 1h 29minuter sedan
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the negative cues from Wall Street on Friday, amid concerns about the economic impact of US President Donald Trump's unilateral "reciprocal tariffs" and aggressive trade stance on the global economy. However, the weaker than expected US monthly jobs data increased optimism about a potential interest rate cut by the US Fed in September.
RTTNews | 2h 10minuter sedan
Thai Stock Market Expected To Open In The Red Again On Monday

Thai Stock Market Expected To Open In The Red Again On Monday

The Thai stock market has moved lower in consecutive trading days, falling more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's likely in for a rough ride again on Monday.
RTTNews | 3h 13minuter sedan
Indonesia Bourse May Turn Lower Again On Monday

Indonesia Bourse May Turn Lower Again On Monday

The Indonesia stock market on Friday halted the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,540-point plateau although it's likely to head south again on Monday.
RTTNews | 3h 43minuter sedan
Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

The Japanese stock market is trading sharply lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 2 percent to well below the 39,950 level, with weakness across all sectors led by exporters, automakers and financial stocks.
RTTNews | 3h 43minuter sedan
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has tracked lower in four straight sessions, dropping more than 1,050 points or 4 percent along the way. The Hang Seng Index now rests just above the 24,500-point plateau and it's expected to open in the red again on Monday.
RTTNews | 3h 58minuter sedan