Australia Trade Data Due On Thursday
(RTTNews) - Australia will on Thursday release February figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In January, imports were up 5.0 percent on month and exports rose 1.0 percent for a trade surplus of A$11.688 billion.
China will see March results for its services and manufacturing PMIs from Caixin; in February, their scores were 55.0 and 51.6, respectively.
Hong Kong will see March results for the private sector PMI from S&P Global; in February, the index score was 53.9.
Finally, the markets in Thailand are closed on Thursday for Chakri Day and will re-open on Friday.
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European Shares Set For Firm Open Ahead Of Fed Verdict
European stocks are seen opening a tad higher on Wednesday ahead of the U.S. Federal Reserve's interest-rate decision later in the day, with markets pricing in a 92.4 percent chance of a 25-bps rate hike in response to a recent hot inflation report.
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1h 48min ago
Indian Shares Modestly Higher In Cautious Trade
Indian shares were modestly higher on Wednesday after falling sharply in the previous session on concerns over rising oil and U.S. bond yields amid escalating Middle East tensions.
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2h 42min ago
Australian Market Slightly Trims Early Gains In Mid-market
The Australian stock market is slightly trimming its early gains in mid-market moves on Wednesday, reversing some of the losses in the previous session, with the benchmark S&P/ASX 200 moving well above the 8,650 level, despite the broadly negative cues from Wall Street overnight, with gains in energy and financial stocks partially offset by weakness in technology stocks.
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3h 58min ago
Asian Markets Trade Mostly Higher
Asian stock markets are mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as traders are cautious and seemed reluctant to make more significant moves ahead of the US Fed's monetary policy decision later in the day. Some traders are looking to pick stocks at a bargain following the recent slump in the markets. Asian markets closed mostly lower on Tuesday.
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4h 14min ago
Indian Shares Seen Flat To Higher At Open
Indian shares may see a fragile, tentative recovery at the open on Wednesday following the previous session's sell-off.
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4h 43min ago
Continued Consolidation Called For Thai Stock Market
The Thai stock market has moved lower in five straight sessions, retreating more than 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,580-point plateau and it's expected to spin its wheels again on Wednesday.
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5h 21min ago
Lower Open Expected For Indonesia Bourse
The Indonesia stock market has finished lower in five straight sessions, sinking more than 225 points or 3.4 percent along the way. The Jakarta Composite Index now sits just above the 6,460-point plateau and it's looking at another soft start again on Wednesday.
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5h 51min ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Wednesday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling to near the 63,350 level, with weakness index heavyweights partially offset by gains in automakers and financial stocks.
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5h 53min ago
