Australia Unemployment Data Due On Thursday
(RTTNews) - Australia will on Thursday release December figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.
The jobless rate is expected to tick up to 4.0 percent from 3.9 percent in November, with the addition of 14,500 jobs following the increase of 35,600 jobs in the previous month.
The Bank of Korea will wrap up its monetary policy meeting, announce its decision on interest rates and set meeting dates; the bank is widely expected to keep its benchmark lending rate steady at 3.00 percent.
Japan will provide December data for producer prices, with forecasts suggesting an increase of 0.4 percent on month and 3.8 percent on year. That's up from 0.3 percent on month and 3.7 percent on year in November.
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Australian Market Sharply Higher
The Australian stock market is trading sharply higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains across most sectors led by technology and financial stocks.
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5h 5min ago
TSX Ends Notably Higher; Technology Stocks Move Up
The Canadian market closed on a bright note on Wednesday after holding firm right through the day's session, thanks to strong gains in technology, real estate, financials and healthcare sectors.
Investors reacted positively to U.S. consumer price inflation data.
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5h 14min ago
Australia Jobless Rate Climbs To 4.0% In December
The unemployment rate in Australia came in at a seasonally adjusted 4.0 percent in December, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 3.9 percent in November.
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5h 16min ago
Higher Open Anticipated For Taiwan Stock Market
The Taiwan stock market headed south again on Wednesday, one day after ending the four-day losing streak in which it had stumbled more than 1,150 points or 4.3 percent. The Taiwan Stock Exchange now rests just above the 22,510-point plateau although it's expected to move back to the upside again on Thursday.
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5h 27min ago
Japan Producer Prices Rise 0.3% In December
Producer prices in Japan were up 0.3 percent on month in December, the Bank of Japan said on Thursday.
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5h 47min ago
Bargain Hunting Likely To Lift Singapore Shares
The Singapore stock market has finished lower in five straight sessions, giving away almost 115 points or 3 percent along the way. The Straits Tines Index now rests just above the 3,770-point plateau although it figures to stop the bleeding on Thursday.
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5h 57min ago
Malaysia Bourse Expected To Snap Losing Streak
The Malaysia stock market has finished lower in three straight sessions, slipping more than 40 points or 2.2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,560-point plateau although it may see support on Thursday.
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6h 27min ago
Japan Shares May Stop The Bleeding On Thursday
The Japanese stock market has finished lower in five straight sessions, stumbling more than 1,630 points or 4.3 percent along the way. The Nikkei 225 now rests just beneath the 38,450-point plateau although it may find traction on Thursday.
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6h 42min ago
