Japan Producer Price Data Due On Thursday
(RTTNews) - Japan will on Thursday release January figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
Producer prices are expected to rise 0.3 percent on month and 4.0 percent on year after adding 0.3 percent on month and 3.8 percent on year in December.
New Zealand will see January numbers for electronic card retail sales; in December, sales were up 2.0 percent on month and down 1.0 percent on year.
Thailand will see January results for its consumer confidence index; in December, the index score was 57.9.
China will release January data for new loans, with forecasts suggesting a value of CNY770.0 billion, down from CNY990.0 billion in December.
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Indian shares may open a tad higher on Thursday as a bond sell-off paused and U.S. President Donald Trump said the U.S. and Russia will immediately begin negotiations toward ending the Ukraine conflict.
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5h 8min ago
Thai Shares Expected To Return To The Downside
Ahead of Wednesday's holiday for Makha Bucha Day, the Thai stock market had moved higher in two of three trading days since the end of the seven-day losing streak in which it had plummeted more than 85 points or 6.3 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau and it figures to open under pressure on Thursday.
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5h 46min ago
Little Movement Expected For Indonesia Stock Market
The Indonesia stock market on Wednesday ended the five-day losing streak in which it had plummeted more than 540 points or 7.9 percent. The Jakarta Composite Index now sits just beneath the 6,650-point plateau and it's expected to remain in that neighborhood again on Thursday.
RTTNews
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6h 16min ago
Japanese Market Sharply Higher
The Japanese market is trading sharply higher on Thursday, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,400 level, with gains across most sectors led by most index heavyweights and financial stocks.
RTTNews
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6h 20min ago
Overbought Hang Seng Tipped To Open In The Red
The Hong Kong stock market rebounded hard on Wednesday, one day after snapping 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 21,860-point plateau although it's looking at a soft start on Thursday.
RTTNews
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6h 31min ago
Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews
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6h 45min ago
Lower Open Called For China Stock Market
The China stock market bounced higher again on Wednesday, one day after snapping 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 3,350-point plateau although it may open in the red on Thursday.
RTTNews
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6h 46min ago
Taiwan Stock Market May See Continued Consolidation
The Taiwan stock market has moved lower in two of three trading days since the end of the four-day winning streak in which it had spiked more than 760 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 23,380-point plateau and it may take further damage on Thursday.
RTTNews
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7h 16min ago
