Australia Current Account Data Due On Tuesday
(RTTNews) - Australia will on Tuesday release Q3 numbers for its current account, highlighting a light day for Asia-Pacific economic activity.
Forecasts suggest a deficit of A$10.3 billion following the A$10.7 billion shortfall in the previous three months.
Japan will see November figures for its monetary base; in October, the base was flat on an annual basis.
South Korea will provide November numbers for consumer prices, with forecasts calling for a decline of 0.1 percent on month and a gain of 1.7 percent on year following the flat monthly reading and the 1.3 percent yearly increase in October.
New Zealand will release Q3 data for terms of trade with expectations calling for a gain of 1.2 percent on quarter following the 2.0 percent increase in Q2.
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Win Streak May Continue For Singapore Stock Market
The Singapore stock market has tracked higher in three straight sessions, collecting more than 40 points or 1.1 percent along the way. The Straits Times Index now rests just above the 3,750-point plateau and it may add to its winnings again on Tuesday.
The global forecast for the Asian markets suggests mild upside, supported by strength from the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
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5h 18min ago
Additional Support Anticipated For Malaysia Stock Market
The Malaysia stock market on Monday snapped the two-day losing streak in which it had slipped almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,595-point plateau and it may extend its gains on Tuesday.
The global forecast for the Asian markets suggests mild upside, supported by strength from the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
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5h 52min ago
TSX Ends Modestly Lower
The Canadian market closed weak on Monday, weighed down by losses in healthcare, energy and materials sectors. The decline was due to a stronger dollar and fears of a trade war. Investors, looking ahead to some crucial economic data from the U.S., and Canada, stayed largely cautious.
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5h 55min ago
South Korea Stock Market Due For Support On Tuesday
The South Korea stock market has moved lower in back-to-back sessions, slumping more than 50 points or 2 percent along the way. The KOSPI now sits just above the 2,450-point plateau although it may find traction on Tuesday.
The global forecast for the Asian markets suggests mild upside, supported by strength from the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
The KOSPI finished slightly lower on Monday as losses from the technology and chemical companies were offset by support from the financial shares and a mixed performance from the automobile companies.
For the day, the index dipped 1.43 points or 0.06 percent to finish at 2,454.48 after trading between 2,448.45 and 2,483.29. Volume was 323.35 million shares worth 7.47 trillion won. There were 675 decliners and 216 gainers.
Among the actives, Shinhan Financial rallied 1.70 percent, while KB Financial collected 0.21 percent, Hana Financial spiked 2.08 percent, Samsung Electronics skidded 1.11 percent, Samsung SDI jumped 1.77 percent, LG Electronics retreated 1.67 percent, SK Hynix shed 0.69 percent, Naver declined 1.45 percent, LG Chem lost 0.53 percent, Lotte Chemical plunged 3.26 percent, SK Innovation fell 0.40 percent, POSCO sank 0.71 percent, SK Telecom dropped 0.81 percent, KEPCO improved 0.84 percent, Hyundai Mobis soared 2.51 percent, Hyundai Motor slumped 1.14 percent and Kia Motors accelerated 1.40 percent.
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6h 22min ago
U.S. Stocks Close On Mixed Note; Nasdaq, S&P 500 Post Record Highs
Technology stocks had a good session on Wall Street on Monday although the broad market remained somewhat sluggish as investors looked ahead to upcoming economic data, including private and non-farm payroll reports, JOLTs, and readings on manufacturing activity, due during the course of this week.
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6h 22min ago
U.S. Stocks Turning In Mixed Performance; Nasdaq Climbs To Record High
U.S. stocks are turning in a mixed performance on Monday with investors making cautious moves as they await a slew of crucial economic data, including reports on private sector and non-farm payroll employment, service sector activity and a reading on consumer sentiment.
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10h 37min ago
Pound Drops On Tariff Concerns
The pound declined against its major counterparts in the New York session on Monday, as the U.S. dollar strengthened after President-elect Donald Trump threatened to impose a 100 percent tariff on BRICS nations if they moved away from the U.S. currency.
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10h 38min ago
Swiss Market Ends On Firm Note
The Switzerland market closed higher on Monday, in line with most of the markets across Europe. Investors digested data on retail sales, and a reading on the nation's manufacturing activity.
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11h 17min ago
