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Japan Producer Price Data Due On Wednesday
(RTTNews) - Japan will on Tuesday release February figures for producer prices, highlighting a modest day for Asia-Pacific economic activity. Producer prices are seen steady, up 3.1 percent on year.
Japan also will see January results for its leading and coincident indexes; in December, they were up 0.5 percent and 1.0 percent on month, respectively.
Singapore will provide February numbers for industrial production; in January, industrial production was up 4.5 percent on month and 9.1 percent on year.
Thailand is scheduled to release February figures for imports, exports and trade balance. In January, imports were up 7.9 percent and exports rose 13.6 percent for a trade deficit of $1.880 billion.
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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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Singapore Bourse Likely To Remain Rangebound
The Singapore stock market ticked higher again on Friday, one day after ending the two-day winning streak in which it had risen just 6 points or 0.15 percent. The Straits Times Index now sits just above the 3,880-point plateau, although it may remain stuck in neutral on Monday.
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Malaysia Stock Market May See Renewed Consolidation
The Malaysia stock market on Friday ended the six-day losing streak in which it had tumbled more than 55 points or 3.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,535-point plateau although it's expected to open under pressure again on Monday.
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