Australia Building Approval Data Due On Tuesday
(RTTNews) - Australia will on Tuesday release November numbers for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to sink 3.6 percent on month after climbing 4.2 percent in October.
Japan will see November figures for current account and December data for bank lending and for the eco watchers index.
In November, the current account surplus was 2.456 trillion yen. In December, bank lending rose 3.0 percent on year, while the eco watchers survey had a score of 49.4.
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Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher on Wednesday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up to be just below the 38,500 level, with gains in gains across most sectors led by financial stocks. Technology stocks were the only weak spot.
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China Shares May Be Stuck In Neutral On Wednesday
The China stock market on Tuesday ended the three-day losing streak in which it had retreated almost 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,240-point plateau although it may spin its wheels on Wednesday.
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Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,200 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks. Technology stocks were the only weak spot.
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Mild Upside Seen For Taiwan Stock Market
The Taiwan stock market on Tuesday halted the four-day losing streak in which it had stumbled more than 1,150 points or 4.3 percent. The Taiwan Stock Exchange now rests just shy of the 22,800-point plateau and it may inch higher again on Wednesday.
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Japan M2 Money Stock Rises 1.3% On Year In December
The M2 money stock in Japan was up 3.2 percent on year in December, the Bank of Japan said on Wednesday - coming in at 1,257.7 trillion yen.
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Singapore Stock Market May Find Traction On Wednesday
The Singapore stock market has finished lower in four straight sessions, giving away almost 100 points or 2.6 percent along the way. The Straits Tines Index now rests just beneath the 3,790-point plateau although it may see mild upside on Wednesday.
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Malaysia Stock Market May Open Higher On Wednesday
The Malaysia stock market has finished lower in two straight sessions, slipping more than 25 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,575-point plateau although it may find support on Wednesday.
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6घंटे 48 मिनट पहले
Japan Stock Market May End Losing Streak On Wednesday
The Japanese stock market has finished lower in four straight sessions, stumbling more than 1,600 points or 4.2 percent along the way. The Nikkei 225 now rests just beneath the 38,475-point plateau although it may stop the bleeding on Wednesday.
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