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Japan Data On Tap For Monday
(RTTNews) - Japan is scheduled to release a handful of reports on Monday, highlighting a light day for Asia-Pacific economic activity. On tap are January results for current account and leading and coincident indexes, as well as February figures for bank lending.
The current account is expected to show a deficit of 230 billion yen following the 1.077 trillion yen surplus in December. The leading index was up 0.5 percent on month in the previous month and the coincident index rose 1.0 percent. Bank lending is tipped to add 3.1 percent on year, up from 3.0 percent in January.
Singapore will see Q4 numbers for unemployment; the jobless rate is expected to hold steady at 1.9 percent.
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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, amid prospects of the US Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.
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4h 17min ago
Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market trading on Monday, reversing some of the losses in the previous four sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to well above the 7,950.00 level, with gains across most sectors led by iron ore miners and energy stocks.
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4h 58min ago
Sensex, Nifty To Open On Muted Note
Indian shares look set to open on a flat note Monday after Federal Reserve Chair Jerome Powell said the U.S. central bank is "well positioned to wait for greater clarity" about the impact of President Trump's policy changes.
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5h 11min ago
Additional Support Anticipated For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had tumbled almost 40 points or 3.2 percent. The Stock Exchange of Thailand now sits just above the 1,200-point plateau and it may add to its winnings on Monday.
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5h 47min ago
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has finished higher in three straight sessions, improving more than 350 points or 5.4 percent along the way. The Jakarta Composite Index now sits just above the 6,635-point plateau and it may extend its gains on Monday.
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6h 17min ago
Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher in choppy trading on Monday, recouping some of the sharp losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving a tad above the 36,900 level, with slight gains in index heavyweights and automaker stocks.
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6h 17min ago
Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market on Friday ended the two-day winning streak in which it had gained more than 1,400 points or 5.7 percent. The Hang Seng Index now rests just above the 24,230-point plateau although it's expected to open to the upside on Monday.
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6h 32min ago
China Shares Expected To Open In The Green.
The China stock market on Friday halted the three-day winning streak in which it had advanced almost 65 points or 2 percent. The SCI now sits just above the 3,370-point plateau, although it's likely to open to the upside on Monday.
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6h 32min ago
