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Mild Upside Tipped For Hong Kong Stock Market
The Hong Kong stock market on Thursday ended the seven-day losing streak in which it had plummeted more than 920 points or 5.6 percent. The Hang Seng Index now rests just above the 16,300-point plateau and it may inch higher again on Friday.
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China Stock Market May Spin Its Wheels On Friday
The China stock market has finished higher in two of three trading days since the end of 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 2,885-point plateau and it's likely to remain in that neighborhood again on Friday.
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Australia Overall Home Loans Rise 1.0% In November
The overall value of home loans in Australia was up a seasonally adjusted 1.0 percent on month in November, the Australian Bureau of Statistics said on Friday = coming in at A$27.58 billion.
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Steady Start Eyed For Taiwan Stock Market
The Taiwan stock market on Thursday snapped the two-day slide in which it had given up more than 100 points or 0.6 percent. The Taiwan Stock Exchange now sits just beneath the 17,550-point plateau and it may see mild support again on Friday.
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Japan Has Y1.926 Trillion Current Account Surplus
Japan posted a current account surplus of 1.926 trillion yen in November, the Ministry of Finance said on Friday.
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Japan Bank Lending Jumps 3.1% On Year In December
Overall bank lending in Japan was up 3.1 percent on year in December, the Bank of Japan said on Friday - coming in at 614.599 trillion yen.
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Singapore Stock Market May Be Stuck In Neutral
The Singapore stock market bounced higher again on Thursday, one day after snapping 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 above the 3,200-point plateau although it may head south again on Friday.
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Little Movement Expected For Malaysia Shares
The Malaysia stock market has moved lower in back-to-back sessions, slumping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,485-point plateau and it's likely to be rangebound again on Friday.
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South Korea Shares May Inch Higher On Friday
The South Korea stock market has finished lower in seven 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 Friday.
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China Data On Tap For Friday
China is scheduled to release a raft of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are December figures for inflation, imports, exports and trade balance.
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Dollar Rises On Inflation Data, But Retreats Later Against Some Major Rivals
The U.S. dollar, which climbed higher on Thursday after data showed a bigger than expected increase in the nation's consumer price inflation in the month of December, has pared gains and is turning in a mixed performance against its major counterparts.
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TSX Ends Lower As U.S. Inflation Data Raises Interest Rate Concerns
The Canadian market ended weak on Thursday, as losses in financials and utilities sectors offset gains in energy and consumer discretionary sections.
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U.S. Dollar Appreciates As Strong Inflation Data Dents Early Rate Cut Hopes
The U.S. dollar erased its early losses against its major counterparts and climbed in the New York session on Thursday, as hotter-than-expected inflation data for December reduced odds of early rate cuts by the Federal Reserve.
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