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China Stock Market Tipped To Extend Tuesday's Losses
The China stock market on Tuesday ended the modest two-day winning streak in which it had risen just 5 points or 0.2 percent. The Shanghai Composite Index now sits just beneath the 2,880-point plateau and it's predicted to see more selling pressure on Wednesday.
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Tech Shares Likely To Drag Taiwan Bourse Lower
The Taiwan stock market has finished higher in two straight sessions, collecting more than 100 points or 0.4 percent along the way. The Taiwan Stock Exchange now sits just above the 22,220-point plateau although it may run out of steam on Wednesday.
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Japan Retail Sales Jump 3.7% In June
The value of retail sales in Japan was up a seasonally adjusted 3.7 percent on month in June, the Ministry of Economy, Trade and Industry said on Wednesday - coming in at 13.678 trillion yen.
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Japan Industrial Output Falls 3.6% In June
Industrial output in Japan dropped a seasonally adjusted 3.6 percent on month in June, the Ministry of Economy, Trade and Industry said on Wednesday.
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Losses May Accelerate For Singapore Stock Market
The Singapore stock market turned lower again on Tuesday, one day after ending the three-day losing streak in which it had slumped more than 35 points or 1 percent. The Straits Times Index now rests just above the 3,440-point plateau and it's expected to open in the red again on Wednesday.
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Japan Industrial Production Sinks 3.6% In June
Industrial production in Japan was down a seasonally adjusted 3.6 percent on month in June, the Ministry of Economy, Trade and Industry said on Wednesday.
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Malaysia Stock Market Poised To Open In The Red
The Malaysia stock market headed south again on Tuesday, one day after ending the three-day slide in which it had slumped more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just above the 1,610-point plateau and it may extend its losses on Wednesday.
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South Korea Industrial Output Eases 0.1% In June
Industrial output in South Korea was down a seasonally adjusted 0.1 percent on month in June, Statistics Korea said on Wednesday.
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Continued Consolidation Called For South Korea Shares
The South Korea stock market on Tuesday ended the two-day winning streak in which it had jumped more than 55 points or 2 percent. The KOSPI now sits just above the 2,735-point plateau and it may take further damage on Wednesday.
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New Zealand Building Permits Fall 13.8% In June
The total number of building permits issued in New Zealand in June was down a seasonally adjusted 13.8 percent on month, Statistics New Zealand said on Wednesday - after slipping 1.9 percent in May.
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Japan Data, Interest Rate Decision Due On Wednesday
The Bank of Japan will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at 0.10 percent.
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TSX Ends Modestly Higher
The Canadian market ended modestly higher on Tuesday after a somewhat volatile session, as investors awaited the Federal Reserve's monetary policy announcement on Wednesday, and some crucial economic data from the U.S. and Canada for directional cues.
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Dollar Pares Some Early Gains Ahead Of Fed Policy
The U.S. dollar pared some early gains against a few of its major counterparts on Tuesday as traders digested the latest batch of economic data and awaited the Federal Reserve's monetary policy announcement on Wednesday.
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