China Services PMI Data Due On Monday
(RTTNews) - China will on Monday see December results of the services PMI from Caixin, highlighting a light day for Asia-Pacific economic activity. In November, the PMI score was 51.5.
Australia (Jubo Bank) and Japan (Jibun) also will see services PMI results for December, while Hong Kong and Singapore will see private sector PMIs from S&P Global.
Thailand is scheduled to release December figures for consumer prices; in November, overall inflation was up 0.95 percent on year, while core CPI rose an annual 0.80 percent.
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Thai Stock Market May Extend Thursday's Gains
The Thai stock market on Thursday ended the three-day losing streak in which it had fallen almost 50 points or 3.1 percent. The Stock Exchange of Thailand now sits just above the 1,560-point plateau and it may open to the upside again on Friday.
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Indonesia Stock Market Overdue For Support
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Japanese Market Significantly Lower
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Australian Market Notably Higher
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Higher Open Anticipated For Hong Kong Shares
Ahead of Thursday's holiday for National Day, the Hong Kong stock market had moved higher in two of three trading days since the end of the three-day slide in which it had given up almost 600 points or 2.5 percent. The Hang Seng now sits just above the 24,610-point plateau and it's tipped to open in the green on Friday.
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Taiwan Stock Market May Tick Higher Again On Friday
The Taiwan stock market has moved higher in two straight sessions, climbing more than 700 points or 1.5 percent along the way. The Taiwan Stock Exchange now sits just above the 48,350-point plateau and it may see mild upside again on Friday.
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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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