Australia Construction Work Data Due On Wednesday

RTTNews | 8h 35min ago
Stocktwits
Australia Construction Work Data Due On Wednesday

(RTTNews) - Australia will on Wednesday see Q4 numbers for construction work done, highlighting a busy day for Asia-Pacific economic activity. Construction work is expected to rise 1.0 percent on quarter, easing from 1.6 percent in the three months prior.

Japan will release December data for its leading and coincident indexes. The leading index is expected to rise 1.1 percent on month after slipping 1.6 percent in November. The coincident is tipped to add 1.4 percent after losing 1.4 percent a month earlier.

Singapore will provide January figures for industrial production; in December, production was down 0.7 percent on month and up 10.6 percent on year.

Taiwan will see Q4 numbers for gross domestic product and January results for unemployment. GDP is called steady at an annual 1.84 percent; the jobless rate in December was 3.39 percent.

Hong Kong will release Q4 data for gross domestic product, with forecasts suggesting an increase of 0.8 percent on quarter and 2.4 percent on year - steady from the previous quarter.

The Thai central bank will wrap up its monetary policy meeting and then announce its decision on interest rates; the bank is expected to keep its benchmark lending rate unchanged at 2.25 percent.

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Thai Shares May Take Further Damage On Wednesday

Thai Shares May Take Further Damage On Wednesday

The Thai stock market has finished lower in two straight sessions, tumbling almost 40 points or 3.2 percent in that span. The Stock Exchange of Thailand now sits just above the 1,205-point plateau and it may extend its losses on Wednesday.
RTTNews | 5h 5min ago
Oversold Indonesia Bourse Called Lower Again On Wednesday

Oversold Indonesia Bourse Called Lower Again On Wednesday

The Indonesia stock market has finished lower in back-to-back sessions, retreating more than 215 points or 3.2 percent along the way. The Jakarta Composite Index now sits just beneath the 6,590-point plateau and it's expected to see continued consolidation again on Wednesday.
RTTNews | 5h 35min ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Wednesday, adding to the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,900 level, with weakness across most sectors led by index heavyweights and financial stocks.
RTTNews | 5h 44min ago
More Pain Predicted For Hong Kong Stock Market

More Pain Predicted For Hong Kong Stock Market

The Hong Kong stock market has finished lower in consecutive trading days, slumping almost 450 points or 2 percent along the way. The Hang Seng Index now sits just above the 23,030-point plateau and it's looking at another soft start again on Wednesday.
RTTNews | 5h 50min ago
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian stock market is trading modestly lower on Wednesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness across most sectors led by mining and technology stocks.
RTTNews | 6h 3min ago
Lower Open Called For China Stock Market

Lower Open Called For China Stock Market

The China stock market has finished lower in back-to-back sessions, shedding almost 35 points or 1 percent in that span. The Shanghai Composite Index now rests just beneath the 3,350-point plateau and it's likely to drop again at Wednesday's open.
RTTNews | 6h 5min ago
Australia Construction Work Climbs 0.5% In Q4

Australia Construction Work Climbs 0.5% In Q4

The value of total construction work done in Australia was up a seasonally adjusted 0.5 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$73.936 billion.
RTTNews | 6h 27min ago
Tech Shares May Weigh On Taiwan Shares

Tech Shares May Weigh On Taiwan Shares

The Taiwan stock market has finished lower in consecutive trading days, stumbling almost 450 points or 2 percent in that span. The Taiwan Stock Exchange now rests just above the 23,285-point plateau and it's expected to open to the downside on Wednesday.
RTTNews | 6h 35min ago
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