South Korea Interest Rate Decision Due On Friday
(RTTNews) - The Bank of Korea 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 BoK is expected to keep its benchmark lending rate unchanged at 3.50 percent.
Japan will release September figures for its M2 money stock, with forecasts suggesting an increase of 1.5 percent on year - up from 1.3 percent in August.
Malaysia will see August figures for industrial production; in July, production was up 5.3 percent on year.
Finally, the markets in Hong Kong are closed on Friday for the Double Ninth Festival and will re-open on Monday.
read more
Rebound Anticipated For Malaysia Stock Market
The Malaysia stock market on Wednesday ended the modest two-day winning streak in which it had collected almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,630-point plateau although it figures to bounce higher again on Thursday.
RTTNews
|
4h 4min ago
South Korea Bourse May Reverse Wednesday's Losses
The South Korea stock market on Wednesday snapped the two-day winning streak in which it had gathered more than 35 points or 1.3 percent. The KOSPI now sits just above the 2,610-point plateau although it's expected to rebound again on Thursday.
RTTNews
|
4h 34min ago
Australia Unemployment Data Due On Thursday
Australia will on Thursday release September figures for unemployment, highlighting a light day for Asia-Pacific economic activity.
RTTNews
|
5h 34min ago
TSX Posts New Intraday, Closing Highs
The Canadian market recorded new intraday and closing highs on Wednesday thanks to strong gains in utilities, healthcare and financial sectors. The mood was positive on expectations of a larger interest rate cut by the Bank of Canada next week.
RTTNews
|
5h 48min ago
Dollar Rises Against Major Counterparts
The U.S. dollar climbed higher on Wednesday on speculation the Federal Reserve will not deliver a big interest rate cut at the next policy meeting.
RTTNews
|
6h 39min ago
U.S. Dollar Advances Against Most Majors
The U.S. dollar firmed against its most major counterparts in the New York session on Wednesday.
RTTNews
|
7h 59min ago
Swiss Market Ends Marginally Down
After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly edged up into positive territory in the final hour of the session on Wednesday, but slipped and ended the day marginally down.
RTTNews
|
10h 3min ago
Canadian Dollar Climbs Against Majors
The Canadian dollar rose against its major counterparts in the New York session on Wednesday.
RTTNews
|
10h 21min ago
