Japan Core Machinery Orders Data Due On Monday
(RTTNews) - Japan will Monday release December figures for core machine orders, highlighting a light day for Asia-Pacific economic activity. In November, orders were down 4.9 percent on month and 5.0 percent on year.
Thailand is scheduled to release Q4 numbers for gross domestic product, with forecasts suggesting an increase of 0.1 percent on quarter and 2.5 percent on year. That follows the 0.8 percent quarterly increase and the 1.5 percent yearly gain in the three months prior.
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Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, reversing some of the sharp losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,650 level, with gains in energy, financial and technology stocks.
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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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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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