Australia Home Loan Data Due On Wednesday

RTTNews | 12小时2分钟前
Australia Home Loan Data Due On Wednesday

(RTTNews) - Australia will on Wednesday release December data for home loans, highlighting a light day for Asia-Pacific economic activity. In November, home loans were up 0.1 percent on month and investment lending slipped 1.0 percent.

Japan will see January results for M2 money stocks and machine tool orders. The M2 (1.3 percent) and tool orders (11.2 percent) are both expected to be unchanged.

Indonesia will provide December numbers for retail sales; in November, sales were up 0.9 percent on year.

Finally, the markets in Thailand are closed on Wednesday for Makha Bucha Day and will re-open on Thursday.

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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious amid raising fears of a brewing global trade war and its impact on inflation. They also reacted to US Fed Chair Jerome Powell's cautious remarks on interest-rate cuts and awaited the release of U.S. CPI data for additional clues on future monetary policy.
RTTNews | 7小时8分钟前
Australian Market Turns To Green In Mid-market

Australian Market Turns To Green In Mid-market

The Australian stock market turns to green in mid-market trading on Wednesday after opening in the red, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,500 level, following the mixed cues from Wall Street overnight, with gains in energy and financial stocks partially offset by weakness in mining and technology stocks.
RTTNews | 7小时36分钟前
Sensex, Nifty Set For Muted Open

Sensex, Nifty Set For Muted Open

Indian shares look set to open on a positive note Wednesday, though volatility cannot be ruled out in the wake of lingering concerns over ongoing foreign fund outflows, signs of slowing corporate earnings growth and geopolitical tensions involving Israel and Hamas.
RTTNews | 7小时59分钟前
Indonesia Stock Market May End Losing Streak

Indonesia Stock Market May End Losing Streak

The Indonesia stock market has finished lower in five straight sessions, slumping more than 540 points or 7.9 percent in that span. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's overdue for support on Wednesday.
RTTNews | 9小时4分钟前
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher in post-holiday trading on Wednesday, adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,800 level, with gains index heavyweights, exporter and technology stocks partially offset by weakness in automakers and financial stocks.
RTTNews | 9小时10分钟前
Mild Upside Seen For Hong Kong Stock Market

Mild Upside Seen For Hong Kong Stock Market

The Hong Kong stock market on Tuesday ended 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 21,300-point plateau and it's looking at a steady start for Wednesday's trade.
RTTNews | 9小时17分钟前
Slightly Higher Open Called For China Stock Market

Slightly Higher Open Called For China Stock Market

The China stock market on Tuesday snapped 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 3,320-point plateau and it may find renewed if modest support on Wednesday.
RTTNews | 9小时32分钟前