Australia Unemployment Data Due On Thursday
(RTTNews) - Australia will on Thursday release November numbers for unemployment, highlighting a light day for Asia-Pacific economic activity.
The jobless rate is expected to tick up to 4.2 percent from 4.1 percent in October, with the addition of 26,000 jobs following the gain of 15,900 jobs in the previous month. The participation rate is seen steady at 67.1 percent.
New Zealand will see November figures for electronic card retail sales; in October, sales were up 0.6 percent on month and down 1.1 percent on year.
Hong Kong will provide Q3 data for industrial production and producer prices; in the three month prior, industrial output was up 0.7 percent on year, while producer prices were up 3.1 percent on year.
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Indonesia Stock Market May Crack Resistance At 7,500 Points
The Indonesia stock market has moved higher in four straight sessions, gathering almost 150 points or 2.2 percent along the way. The Jakarta Composite Index now sits just above the 7,460-point plateau and it's expected to open in the green again on Thursday.
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5h 25min ago
Australian Market Slightly Lower
The Australian market is trading slightly lower on Thursday after opening well in the green, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,400 level, as upbeat domestic jobs data dim hopes for an early interest rate cut in early 2025.
RTTNews
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5h 25min ago
Hong Kong Bourse Tipped To End Losing Streak
The Hong Kong stock market has moved lower in consecutive trading days, surrendering more than 250 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 20,150-point plateau although it may find traction on Thursday.
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5h 40min ago
China Stock Market May Add To Its Winnings On Thursday
The China stock market has finished higher in two straight sessions, collecting nearly 30 points or 0.9 percent along the way. The Shanghai Composite now sits just above the 3,430-point plateau and it may see additional support again on Thursday.
RTTNews
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5h 55min ago
Australia Jobless Rate Falls To 3.9% In November
The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said on Thursday.
RTTNews
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6h 12min ago
Tech Shares Expected To Boost Taiwan Stock Market
The Taiwan stock market has finished lower in two straight sessions, shedding almost 360 points or 1.5 percent along the way. The Taiwan Stock Exchange now rests just above the 22,900-point plateau although it's due for support on Thursday.
RTTNews
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6h 25min ago
Rebound Expected For Singapore Stock Market
The Singapore stock market headed south again on Wednesday, one day after ending the two-day slide in which it had fallen almost 30 points or 0.8 percent. The Straits Times Index now rests just above the 3,790-point plateau although it figures to bounce higher again on Thursday.
RTTNews
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6h 55min ago
Malaysia Bourse May Find Traction On Thursday
The Malaysia stock market has ticked lower in four straight sessions, slipping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may stop the bleeding on Thursday.
RTTNews
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7h 25min ago
