New Zealand Interest Rate Decision Due On Wednesday
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.
The RBNZ is expected to lower its Official Cash Rate by 50 basis points, to 4.25 percent from 4.75 percent.
Australia will see Q3 numbers for construction work done, with forecasts suggesting an increase of 0.4 percent on quarter following the 0.1 percent gain in the three months prior.
China will see October data for industrial profits; in September, profits were down 3.5 percent on year.
Thailand will release October numbers for industrial production; in September, output was down 3.51 percent on year.
read more
Japanese Market Notably Lower
The Japanese stock market is trading notably lower on Wednesday, adding to the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks.
RTTNews
|
Před 5 h 5 min
Thai Stock Market Poised To Snap Losing Streak
The Thai stock market has moved lower in two straight sessions, slipping more than 8 points or 0.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,440-point plateau although it's due for support on Wednesday.
RTTNews
|
Před 5 h 16 min
Indonesia Shares May Bounce Higher Again On Wednesday
The Indonesia stock market on Tuesday ended the two-day winning streak in which it had rallied almost 175 points or 2.5 percent. The Jakarta Composite Index now rests just beneath the 7,250-point plateau although it's expected to open to the upside again on Wednesday.
RTTNews
|
Před 5 h 46 min
Australian Market Notably Higher
Australian stock market is trading notably higher on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 moving to a tad below the 8,400 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and energy stocks.
RTTNews
|
Před 5 h 52 min
Hang Seng May Add To Its Winnings On Wednesday
The Hong Kong stock market on Tuesday ended the three-day slide in which it had stumbled more than 550 points or 3 percent. The Hang Seng Index now sits just beneath the 19,160-point plateau and it may extend its gains on Wednesday.
RTTNews
|
Před 6 h 1 min
Higher Open Called For China Stock Market
The China stock market has moved lower in three straight sessions, slipping just 10 points or 0.3 percent in that span. The Shanghai Composite now sits just beneath the 3,260-point plateau although it's likely to halt its slide on Wednesday.
RTTNews
|
Před 6 h 16 min
Australia Construction Work Climbs 1.6% In Q3
The value of construction work done in Australia was up a seasonally adjusted 1.6 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$73.344 billion.
RTTNews
|
Před 6 h 40 min
Renewed Support Anticipated For Taiwan Stock Market
The Taiwan stock market on Tuesday snapped the two-day winning streak in which it had jumped almost 400 points or 1.8 percent. The Taiwan Stock Exchange now rests just beneath the 22,680-point plateau although it's expected to bounce higher again on Wednesday.
RTTNews
|
Před 6 h 46 min
