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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South Korea Shares May Extend Losing Streak
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Bank Of Japan Tankan Survey Due On Thursday
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New Zealand Building Consents Jump 5.6% In August
The total number of building permits issued in New Zealand was up a seasonally adjusted 5.6 percent on month in August, Statistics New Zealand said on Thursday - coming in at 3,440.
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German Inflation Highest Since December 2023
Germany's consumer price inflation accelerated for a third month in September to reach its highest level in nearly three years on the back of a surge in energy prices, yet the European Central Bank is likely to seek more evidence to establish second-round effects of the fuel price shock on the real economy before raising interest rates again.
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Canadian Market Headed For Another Weak Close
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Swiss Market Ends On Weak Note
The Switzerland stock market pared early gains and closed on a negative note on Wednesday as weak investor sentiment data and higher oil prices weighed.
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European Markets Close Weak On Higher Oil Prices, U.S.-Iran Deal Uncertainty
European stocks fell on Wednesday, hurt by higher bond yields and rising oil prices amid lingering uncertainty about Iran and the U.S. reaching a deal to end their conflict and pave the way for the reopening of the Strait of Hormuz.
Some weak economic data from the region - UK GDP report being an exception - weighed as well on sentiment.
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