Singapore GDP Data Due On Friday

RTTNews | 692 days ago
Singapore GDP Data Due On Friday

(RTTNews) - Singapore will on Friday release preliminary Q1 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity.

GDP is expected to slip 0.2 percent on quarter and rise 0.6 percent on year after adding 0.3 percent on quarter and 2.1 percent on year in the previous three months.

New Zealand will see March results for the manufacturing PMI from BusinessNZ, with forecasts suggesting a score of 51.0 - down from 52.0 in February.

Also, the markets in Thailand remain closed on Friday for the Songkran Festival; they re-open on Monday.

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Japanese Market Significantly Higher

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The Australian market is trading notably lower on Thursday, extending the losses in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to a tad near the 8,100 level, with weakness in energy, technology s and financial stocks partially offset by gains in mining stocks.
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