Australia Building Approval Data Due On Tuesday
(RTTNews) - Australia will on Tuesday release November numbers for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to sink 3.6 percent on month after climbing 4.2 percent in October.
Japan will see November figures for current account and December data for bank lending and for the eco watchers index.
In November, the current account surplus was 2.456 trillion yen. In December, bank lending rose 3.0 percent on year, while the eco watchers survey had a score of 49.4.
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Bargain Hunting May Boost Singapore Stock Market
The Singapore stock market has finished lower in three straight sessions, shedding almost 65 points or 1.2 percent in that span. The Straits Times Index now sits just above the 5,665-point plateau although it's due for support on Friday.
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Japan Jobless Rate Climbs To 2.5%
The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in August, the Ministry of Internal Affairs and Communications said on Friday.
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Tokyo Inflation Jumps To 2.7% Annually In September
Overall consumer prices in Japan were up 2.7 percent on year in September, the Ministry of Internal Affairs and Communications said on Friday.
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Malaysia Bourse May See Recovery On Friday
The Malaysia stock market headed south again on Thursday, one day after snapping the five-day losing streak in which it had slumped more than 40 points or 2.5 percent. The Kuala Lumpur Composite Index now sits just above the 1,630-point plateau although it may bounce higher again on Friday.
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South Korea Consumer Prices Rise 0.3% In September
Consumer prices in South Korea were up a seasonally adjusted 0.3 percent on month in September, Statistics Korea said on Friday.
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Steady Start Seen For Japan Stock Market
The Japan stock market has moved higher in back-to-back sessions, rallying almost 3,500 points or 5.6 percent along the way. The Nikkei 225 now sits just above the 68,950-point plateau and it may see additional upside again on Friday.
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Mild Upside Seen For South Korea Shares
The South Korea stock market on Thursday ended the three-day losing streak in which it had stumbled more than 240 points or 3.5 percent. The KOSPI now sits just beneath the 6,920-point plateau and it may tick higher again on Friday.
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South Korea Inflation Data Due On Friday
South Korea will on Friday release September figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. Inflation is expected to rise 0.4 percent on month and 2.9 percent on year after adding 0.2 percent on month and 3.1 percent on year in August.
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