Australia Unemployment Data Due On Thursday
(RTTNews) - Australia will on Thursday release October numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity.
The jobless rate is expected to dip to 4.4 percent from 4.5 percent in September, with the addition of 20.3K jobs following the increase of 14.9K a month earlier. The participation rate is seen steady at 67.0 percent.
Japan will provide October data for producer prices; in September, producer prices were up 0.3 percent on month and 2.7 percent on year.
New Zealand will see September figures for electronic card retail sales; in August, sales were down 0.5 percent on month and up 1.0 percent on year.
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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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26 minutes 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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56 minutes 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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57 minutes ago
Hang Seng May Extend Tuesday's Losses
The Hong Kong stock market headed south again on Tuesday, one day after ending the five-day losing streak in which it had given up more than 850 points or 3 percent. The Hang Seng Index now sits just shy of the 24,670-point plateau and it may be stuck in neutral again on Wednesday.
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1h 11min ago
Australian Market Modestly Higher
Australian shares are trading modestly higher 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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1h 17min ago
China Stock Market Poised To Open Under Pressure
The China stock market has moved lower in four straight sessions, slumping more than 85 points or 2.3 percent in that span. The Shanghai Composite Index now sits just above the 3,860-point plateau and it's tipped to open in the red again on Wednesday.
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1h 26min ago
Losing Streak May Continue For Taiwan Stock Market
The Taiwan stock market has finished lower in four straight sessions, surrendering more than 1,650 points or 3 percent in that span. The Taiwan Stock Exchange now sits just above the 45,500-point plateau and it may continue to sputter on Wednesday.
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1h 56min ago
Japan Has Y1.105 Trillion Trade Shortfall In August
Japan posted a merchandise trade deficit of 1.105 trillion yen in August, the Ministry of Finance said on Wednesday.
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2h 24min ago
