Australia Home Loan Data Due On Friday
(RTTNews) - Australia will on Friday release December figures for home loans, highlighting a modest day for Asia-Pacific economic activity. In November, loans were down 2.0 percent on month and investment lending slipped 3.6 percent.
Singapore will release December numbers for retail sales; in November, sales were down 3.7 percent on month and up 6.2 percent on year.
Hong Kong will provide December data for retail sales; in November, sales were down 4.2 percent on year.
Finally, the markets in Hong Kong and Singapore will see January results for their respective private sector PMIs from S&P Global, while Australia, China and Japan will see services PMI results from S&P, Caixin and Jibun, respectively.
read more
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious amid raising fears of a brewing global trade war and its impact on inflation. They also reacted to US Fed Chair Jerome Powell's cautious remarks on interest-rate cuts and awaited the release of U.S. CPI data for additional clues on future monetary policy.
RTTNews
|
6h 10min ago
Australian Market Turns To Green In Mid-market
The Australian stock market turns to green in mid-market trading on Wednesday after opening in the red, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,500 level, following the mixed cues from Wall Street overnight, with gains in energy and financial stocks partially offset by weakness in mining and technology stocks.
RTTNews
|
6h 39min ago
Sensex, Nifty Set For Muted Open
Indian shares look set to open on a positive note Wednesday, though volatility cannot be ruled out in the wake of lingering concerns over ongoing foreign fund outflows, signs of slowing corporate earnings growth and geopolitical tensions involving Israel and Hamas.
RTTNews
|
7h 1min ago
Indonesia Stock Market May End Losing Streak
The Indonesia stock market has finished lower in five straight sessions, slumping more than 540 points or 7.9 percent in that span. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's overdue for support on Wednesday.
RTTNews
|
8h 6min ago
Japanese Market Modestly Higher
The Japanese stock market is modestly higher in post-holiday trading on Wednesday, adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,800 level, with gains index heavyweights, exporter and technology stocks partially offset by weakness in automakers and financial stocks.
RTTNews
|
8h 12min ago
Mild Upside Seen For Hong Kong Stock Market
The Hong Kong stock market on Tuesday ended the three-day winning streak in which it had rallied more than 820 points or 3.9 percent. The Hang Seng Index now rests just beneath the 21,300-point plateau and it's looking at a steady start for Wednesday's trade.
RTTNews
|
8h 19min ago
Slightly Higher Open Called For China Stock Market
The China stock market on Tuesday snapped the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,320-point plateau and it may find renewed if modest support on Wednesday.
RTTNews
|
8h 34min ago
Australian Market Slightly Higher
Australian shares are slightly higher in choppy trading on Wednesday after opening in the red, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving up to stay a tad below the 8,500 level, following the mixed cues from Wall Street overnight, with gains in energy stocks nearly offset by weakness in mining and technology stocks.
RTTNews
|
8h 41min ago
