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Australia Retail Sales Data Due On Thursday
(RTTNews) - Australia will on Thursday release February figures for retail sales and private sector credit, highlighting a light day for Asia-Pacific economic activity.
Retail sales are expected to rise 0.4 percent on month, easing from 1.1 percent in January. Credit is also seen higher by 0.4 percent on month, unchanged from the January reading.
Thailand will see February data for industrial production; in January, production was down 2.94 percent on year.
Finally, the markets in Malaysia are closed on Thursday for Nuzul Ak-Quran and will re-open on Friday.
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European Markets Seen Opening Positive On Wednesday
Stock markets in Europe are expected to open on a mildly positive note on Wednesday amidst the strong rally in Wall Street on Tuesday fueled by Fed rate cut hopes.
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54 phút trước
European Economic News Preview: Italy Industrial Output Data
Industrial production from Italy and Spain are the major economic reports due on Wednesday. At 2.00 am ET, Statistics Norway publishes consumer prices for August. In July, inflation advanced to 3.3 percent from 3.0 percent in June. At 3.00 am ET, Statistics Spain is set to issue industrial production data for July. Output had climbed 2.3 percent on a yearly basis in June.
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1h 36phút trước
Sensex, Nifty Up Firmly In Positive Territory; IT Stocks Shine Again
Indian stocks are up firmly in positive territory Wednesday morning after a bright start, with technology and PSU bank stocks hogging the limelight.
Expectations of more reductions in GST rates, and reports about prospects of trade talks between India and the U.S. contribute to the positive mood in the markets.
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1h 41phút trước
Australian Market Extends Early Gains In Mid-market
The Australian market is extending its early gains in mid-market moves on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
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3h 40phút trước
Indian Shares Likely To Open Higher
Indian shares look headed for a positive start on Wednesday, tracking global cues. Activity is likely to turn stock specific with investors reacting to corporate news. Automobile stocks may find support with several companies deciding to pass on the benefit of recent GST reduction to customers.
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3h 48phút trước
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid growing optimism about the outlook for interest rates after sharp downward revisions in US jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
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3h 58phút trước
Higher Open Called For Thai Stock Market
The Thai stock market has moved higher in three straight sessions, adding almost 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it's tipped to open in the green again on Wednesday.
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5h 9phút trước
Indonesia Bourse May End Losing Streak On Wednesday
The Indonesia stock market has moved lower in three straight sessions, sinking almost 260 points or 3.6 percent in that span. The Jakarta Composite Index now rests just beneath the 7,630-point plateau although it's due for support on Wednesday.
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5h 39phút trước
