Malaysia Industrial Production Data Due On Monday
(RTTNews) - Malaysia will on Monday release January figures for industrial production, highlighting a light day for Asia-Pacific economic activity. Production is expected to rise 2.6 percent on year, slowing from 3.0 percent in December. Manufacturing production rose 6.9 percent in the previous month.
Japan will see Q1 results for its large manufacturing conditions BSI; in the previous three months, the BDI fell 3.6 percent.
The Philippines will provide January numbers for imports, exports and trade balance. In December, imports were worth $10.26 billion and exports were at $5.67 billion for a trade deficit of $5.67 billion.
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Malaysia Bourse May Head South Again On Tuesday
The Malaysia stock market on Monday halted the four-day losing streak in which it had slumped more than 25 points or 1.4 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,700-point plateau although it may hand back those gains on Tuesday.
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34 minutes ago
Japan Stock Market May Extend Losing Streak
The Japanese stock market has finished lower in back-to-back trading days, shedding more than 1,770 points or 3 percent along the way. The Nikkei 225 now sits just shy of the 63,500-point plateau and it may take further damage again on Tuesday.
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49 minutes ago
Soft Start Anticipated For South Korea Shares
The South Korea stock market has tracked lower in three straight sessions, tumbling more than 365 points or 5 percent in that span. The KOSPI now sits just above the 6,680-point plateau and it may extend its losses again on Tuesday.
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1h 4min ago
China Data Due On Tuesday
China is scheduled to release a batch of data on Tuesday, highlighting a modest day for Asia-Pacific economic activity. On tap are August figures for industrial production, retail sales, fixed asset investment, unemployment and house prices.
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2h 4min ago
U.S. Dollar Advances Amid Fed Rate Hike Expectations, Fresh Crude Oil Supply Concerns
The U.S. Dollar value edged higher on Monday as investors anticipate a possible rate hike by the U.S. Federal Reserve at the end of its two-day meeting which commences tomorrow. In addition, fresh concerns of supply disruptions in the Middle East that pushed crude oil prices higher, supported the U.S. dollar.
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3h 7min ago
Swiss Market Ends On Firm Note
The Switzerland market ended on a strong note on Monday after holding firm right through the day's session thanks to sustained buying at several counters.
Despite lingering concerns about geopolitical tensions and elevated oil prices, the mood in the Swiss market remained quite positive.
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5h 48min ago
European Stocks Close Weak; UK Market Bucks Trend
European stocks closed weak on Monday amid concerns about rising oil prices and geopolitical tensions.
A sell-off in the tech sector following warnings of a potentially large-scale AI-driven cyberattacks hurt the markets.
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6h 4min ago
Canadian Market Edges Higher On Energy Boost
Canadian market's benchmark S&P/TSX Composite Index was modestly higher a little before noon on Monday with investors digesting the nation's inflation data and assessing the potential economic impact of elevated oil prices.
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8h 19min ago
