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New Zealand Rate Decision Due On Wednesday
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day in Asia-Pacific economic activity.
The RBNZ is widely expected to keep its Official Cash Rate unchanged at 5.50 percent.
Australia will provide Q3 data for construction work done, with forecasts suggesting an increase of 0.3 percent on quarter following the 0.4 percent gain in the three months prior.
The central bank in Thailand will conclude its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep its benchmark lending rate steady at 2.50 percent.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Thursday, despite the broadly positive cues from Wall Street overnight, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the US Fed cutting interest rates as early as September based on the recent economic data from the U.S.
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18 นาทีที่ผ่านมา
Sensex, Nifty To Open On Sluggish Note As Investors Weigh Trump Tariffs
Indian shares look set to open lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
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44 นาทีที่ผ่านมา
Thai Stock Market May See Continued Support On Thursday
The Thai stock market has moved higher in three straight sessions, gathering more than 45 points or 3.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,265-point plateau and it's expected to extend its gains again on Thursday.
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1 ชม. 20 นาทีที่ผ่านมา
Australia June Trade Surplus A$5.365 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday.
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1 ชม. 32 นาทีที่ผ่านมา
Australia Building Approvals Jump 11.9% In June
The total number of building approvals issued in Australia in June was up a seasonally adjusted 11.9 percent on month, the Australian Bureau of Statistics said on Thursday - coming in at 17,076.
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1 ชม. 41 นาทีที่ผ่านมา
Japanese Market Notably Higher
The Japanese market is trading notably higher on Thursday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 41,000 mark, with gains in index heavyweights and financial stocks.
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1 ชม. 48 นาทีที่ผ่านมา
Indonesia Shares Expected To Remain Rangebound On Thursday
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,500-point plateau although it's likely to rebound again on Thursday.
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1 ชม. 50 นาทีที่ผ่านมา
Hong Kong Shares Tipped To Open To The Upside
The Hong Kong stock market has moved higher in three straight sessions, advancing more than 400 points or 1.7 percent along the way. The Hang Seng Index now rests just above the 24,910-point plateau and it's looking at another green light for Thursday's trade.
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2 ชม. 5 นาทีที่ผ่านมา
