Japan Rate Decision On Tap For Friday
(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate steady at -0.1 percent.
Singapore will provide May numbers for non-oil domestic exports, which are expected to rise 1.4 percent on month and 7.6 percent on year after sinking 3.3 percent on month and gaining 6.4 percent on year in April. The trade surplus in April was SGD4.280 billion.
Hong Kong will release May unemployment data; in April, the jobless rate was 5.4 percent.
New Zealand will see May results for the manufacturing PMI from BusinessNZ; in April, the index score was 51.2.
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European stocks are likely to open mostly higher on Monday, heading into a holiday-shortened week.
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European Economic News Preview: UK GDP Data Due
Quarterly GDP data from the UK is the only major economic report due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP data. The economy is forecast to grow marginally by 0.1 percent, as initially estimated in the third quarter, following a 0.5 percent expansion in the second quarter.
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6h 54min ago
Sensex, Nifty Open Higher; Metal Stocks And Financials Outperform
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7h 38min ago
Asian Markets A Sea Of Green
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8h 45min ago
Australian Market Extends Gains In Mid-market
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9h 27min ago
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9h 43min ago
Thai Stock Market May Stop The Bleeding On Monday.
The Thai stock market has moved lower in back-to-back sessions, stumbling almost 35 points or 2.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,365-point plateau although it may find traction on Monday.
RTTNews
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10h 10min ago
Indonesia Stock Market May Extend Friday's Gains
The Indonesia stock market on Thursday halted the six-day losing streak in which it had plummeted more than 480 points or 5.6 percent. The Jakarta Composite Index now rests just above the 6,980-point plateau and it may pick up steam on Monday.
RTTNews
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10h 40min ago
