Australia Unemployment Data Due On Thursday

RTTNews | 11j 31min yang lalu
Australia Unemployment Data Due On Thursday

(RTTNews) - Australia will on Thursday release November numbers for unemployment, highlighting a light day for Asia-Pacific economic activity.

The jobless rate is expected to tick up to 4.2 percent from 4.1 percent in October, with the addition of 26,000 jobs following the gain of 15,900 jobs in the previous month. The participation rate is seen steady at 67.1 percent.

New Zealand will see November figures for electronic card retail sales; in October, sales were up 0.6 percent on month and down 1.1 percent on year.

Hong Kong will provide Q3 data for industrial production and producer prices; in the three month prior, industrial output was up 0.7 percent on year, while producer prices were up 3.1 percent on year.

read more
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, amid optimism about the outlook for interest rates following the release of the closely watched US inflation data that came in line with estimates. The report has increased confidence that the US Fed will lower interest rates by another quarter-point next week.
RTTNews | 6j 33min yang lalu
Sensex, Nifty May See Cautious Start Ahead Of CPI, IIP Data

Sensex, Nifty May See Cautious Start Ahead Of CPI, IIP Data

Indian shares are seen opening little changed on Thursday as investors react to benign U.S. inflation data and await domestic CPI inflation and industrial output figures, due out later in the day for directional cues.
RTTNews | 7j 23min yang lalu
Japanese Market Sharply Higher

Japanese Market Sharply Higher

Extending the gains in the previous three sessions, the Japanese stock Market is trading sharply higher on Thursday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 39,900 level after breaching the 40,000 mark earlier, with gains across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 7j 28min yang lalu
Higher Open Anticipated For Thai Stock Market

Higher Open Anticipated For Thai Stock Market

The Thai stock market has finished lower in two straight sessions, slipping almost 9 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau although it's expected to open to the upside on Thursday.
RTTNews | 8j 1min yang lalu
Indonesia Stock Market May Crack Resistance At 7,500 Points

Indonesia Stock Market May Crack Resistance At 7,500 Points

The Indonesia stock market has moved higher in four straight sessions, gathering almost 150 points or 2.2 percent along the way. The Jakarta Composite Index now sits just above the 7,460-point plateau and it's expected to open in the green again on Thursday.
RTTNews | 8j 31min yang lalu
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday after opening well in the green, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,400 level, as upbeat domestic jobs data dim hopes for an early interest rate cut in early 2025.
RTTNews | 8j 31min yang lalu
Hong Kong Bourse Tipped To End Losing Streak

Hong Kong Bourse Tipped To End Losing Streak

The Hong Kong stock market has moved lower in consecutive trading days, surrendering more than 250 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 20,150-point plateau although it may find traction on Thursday.
RTTNews | 8j 46min yang lalu