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China Bourse May Reclaim 2,900-Point Level
The China stock market moved lower again on Wednesday, one day after ending the three-day slide in which it had stumbled more than 80 points or 2.7 percent. The Shanghai Composite Index now rests just above the 2,875-point plateau although it figures to move back to the upside again on Thursday.
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Australia Has A$11.437 Billion Trade Surplus
Australia posted a merchandise trade surplus of A$11.437 billion in November, the Australian Bureau of Statistics said on Thursday.
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Taiwan Stock Market May Find Traction On Thursday
The Taiwan stock market has finished lower in back-t0-back sessions, slumping more than 100 points or 0.6 percent along the way. The Taiwan Stock Exchange now sits just above the 17,465-point plateau although it's due for support on Thursday.
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Singapore Stock Market Tipped To Open In The Green
The Singapore stock market on Wednesday snapped the three-day winning streak in which it had gained more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,180-point plateau although it's expected to find renewed support on Thursday.
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Renewed Support Called For Malaysia Stock Market
The Malaysia stock market on Wednesday ended the five-day winning streak in which it had advanced more than 35 points or 2.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,485-point plateau although it's expected to bounce higher again on Thursday.
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South Korea Shares Poised To Halt Losing Streak
The South Korea stock market has finished lower in six straight sessions, slumping almost 130 points or 5 percent along the way. The KOSPI now sits just above the 2,540-point plateau and it's overdue for support on Thursday.
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TSX Ends Marginally Up After Lackluster Session
Canadian stocks turned in a mixed performance on Wednesday after a lackluster session as investors largely stayed cautious ahead of crucial U.S. consumer and producer price inflation data, due on Thursday and Friday, respectively.
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Australia Trade Data On Tap For Thursday
Australia will on Thursday release November numbers for imports, exports and trade balance, highlighting a modest day for Asia-0Pacific economic activity. In October, imports fell 2.0 percent on month and exports rose 0.4 percent for a trade surplus of A$7.129 billion.
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Dollar Slips Against Major Counterparts Ahead Of Inflation Data
The U.S. dollar turned in a weak performance against most of its major counterparts on Wednesday with traders awaiting U.S. consumer and producer price inflation data, due later in the week.
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New Zealand Building Consents Tumble 10.6% In November
The total number of building permits issued in New Zealand was down a seasonally adjusted 10.6 percent on month in November, Statistics New Zealand said on Thursday - coming in at 2,958.
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Canadian Market Up Marginally In Cautious Trade
The Canadian market is up marginally Wednesday afternoon with investors largely making cautious moves ahead of U.S. inflation data. Weak oil prices weigh on energy stocks, limiting market's upside.
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Swiss Market Ends Slightly Up
The Switzerland market ended slightly up on Wednesday after a choppy session with investors largely refraining from making significant moves amid a lack of fresh triggers.
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European Stocks Close On Weak Note
European stocks closed lower on Wednesday amid worries about economic slowdown in the region and a bit of uncertainty about the outlook for Federal Reserve's interest-rate trajectory ahead of inflation data.
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