Japan Money Stock Data Due On Monday
(RTTNews) - Japan will on Monday release April figures for money stock, highlighting a light day for Asia-Pacific economic activity. The M2 money stock is expected to hold steady, higher by 2.5 percent.
New Zealand will see April results for the Performance of Services Index from BusinessNZ; in March, the index score was 47.5.
Australia will see April results for the indexes of business confidence and conditions from NAB; in March, their scores were +1 and +9, respectively.
Taiwan will provide Q1 figures for gross domestic product, with forecasts suggesting an increase of 6.51 percent on year - accelerating from 4.93 percent in the previous three months.
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Higher Open Called For Thai Stock Market
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Japanese Market Modestly Lower
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Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling to near the 8,700 level, despite the broadly positive cues from Wall Street overnight, with weakness in iron ore miners and financial stocks partially offset by gains in gold miners and technology stocks.
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Taiwan Shares May Crack Resistance At 50,000 Points
The Taiwan stock market has moved higher in five straight sessions, climbing more than 2,150 points or 4.6 percent along the way. The Taiwan Stock Exchange now sits just above the 49,820-point plateau and it may see mild upside again on Wednesday.
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Singapore Stock Market May Add To Its Winnings
The Singapore stock market has tracked higher in back-to-back trading days, collecting more than 65 points or 1.2 percent along the way. The Straits Times Index now sits just above the 5,700-point plateau and it's expected to open to the upside again on Wednesday.
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Win Streak May Continue For Malaysia Stock Market
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