Australia Inflation Gauge Data Due On Monday
(RTTNews) - Australia will on Monday see October results for the inflation gauge from the Melbourne Institute, highlighting a light day for Asia-Pacific economic activity. In the previous month, the inflation forecast showed an increase of 0.1 percent on month.
Australia also will see October figures for job ads from ANZ; in September, job ads were up 1.6 percent on month.
Finally, the markets in Japan are closed on Monday for Culture Day and will re-open on Tuesday.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, boosted by strong gains in markets in Japan, Indonesia and South Korea as traders remain optimistic about a 25-basis point rate cut by the US Fed in December after data showing consumer sentiment in the U.S. improved less than expected in November.
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7h 3min ago
Sensex, Nifty Set For Gap-up Opening
Indian shares may see a gap-up opening on Monday after BJP-led alliance scored significant victory in the Maharashtra state assembly elections, raising expectations for increased government spending to boost domestic demand.
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8h 1min ago
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Monday, adding to the gains in the previous session. The benchmark S&P/ASX 200 is moving above the 38,900 level, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by index heavyweights, financial and technology stocks after recent data showed headline inflation slowing to a nine-month low.
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8h 11min ago
Thai Stock Market Expected To Open In The Green On Monday
The Thai stock market rebounded on Friday, one day after snapping the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,445-point plateau and it's tipped to open to the upside again on Monday.
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8h 32min ago
Indonesia Stock Market May Add To Its Winnings On Monday
The Indonesia stock market on Friday ended the two-day losing streak in which it had slumped almost 55 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it's expected to open in the green again on Monday.
RTTNews
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9h 2min ago
Australian Market Notably Higher
The Australian stock market is currently trading notably higher on Monday, adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,400.00 level, with gains across most sectors led by mining, energy and technology stocks. Financial stocks are the only weak spot.
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9h 16min ago
Hong Kong Shares Due For Support On Monday
The Hong Kong stock market has moved lower in two straight sessions, dropping more than 470 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 19,230-point plateau although it may stop the bleeding on Monday.
RTTNews
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9h 17min ago
China Stock Market May Cut Into Friday's Losses
The China stock market on Friday halted the three-day winning streak in which it had advanced more than 35 points or 1 percent. The Shanghai Composite now sits just beneath the 3,270-point plateau although it's likely to make back some of that on Monday.
RTTNews
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9h 32min ago
