Australia Building Approval Data Due On Thursday

RTTNews | 98 days ago
Australia Building Approval Data Due On Thursday

(RTTNews) - Australia will on Thursday release August figures for building approvals, highlighting a light day for Asia-Pacific economic activity.

Overall approvals are expected to sink 6.1 percent on month after jumping 11.0 percent in July, while private house approvals are seen higher by 0.5 percent - easing from 0.9 percent a month earlier.

Japan will provide September data for bank lending and producer prices. Overall lending is tipped to rise 2.9 percent on year, easing from 3.0 percent in August. Producer prices are expected to fall 0.3 percent on month and rise 2.3 percent on year after slipping 0.2 percent on month and gaining 2.5 percent on year in the previous month.

Malaysia will see August numbers for unemployment; in July, the jobless rate was 3.3 percent.

Finally, the markets in Taiwan are closed on Thursday for National Day and will re-open on Friday.

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Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian stock markets are a sea of green on Thursday, following the broadly positive cues from Wall Street overnight, after data showing a slowdown in the annual rate of core consumer prices growth in the U.S. in December helped ease concerns about US Fed's interest rate trajectory. The currencies in the region also strengthened against the US dollar. Asian Markets closed mostly lower on Wednesday.
RTTNews | 6h 6min ago
Australian Market Trims Early Strong Gains In Mid-market

Australian Market Trims Early Strong Gains In Mid-market

The Australian stock market slightly trims early strong gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains is gold miners, technology and financial stocks.
RTTNews | 6h 46min ago
Thai Shares Tipped To Open In The Green

Thai Shares Tipped To Open In The Green

The Thai stock market on Wednesday ended the two-day losing streak in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 7h 29min ago
Indonesia Stock Market May Add To Its Winnings

Indonesia Stock Market May Add To Its Winnings

The Indonesia stock market on Wednesday ended the two-day slide in which it had slumped more than 130 points or 1.8 percent. The Jakarta Composite Index now sits just beneath the 7,080-point plateau and it may extend its gains on Thursday.
RTTNews | 7h 59min ago
Further Upside Seen For Hong Kong Stock Market

Further Upside Seen For Hong Kong Stock Market

The Hong Kong stock market has moved higher in consecutive trading days, collecting more than 400 points or 2.1 percent along the way. The Hang Seng Index now sits just beneath the 19,300-point plateau and it may add to its winnings on Thursday.
RTTNews | 8h 14min ago
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,700 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 8h 17min ago
Rebound Predicted For China Stock Market

Rebound Predicted For China Stock Market

The China stock market turned lower again on Wednesday, one day after snapping 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 3,225-point plateau although it's likely to move back to the upside on Thursday.
RTTNews | 8h 29min ago