New Zealand Interest Rate Decision Due On Wednesday
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1134 hari yang lalu
(RTTNews) - The Reserve Bank of New Zealand will on Wednesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBNZ is widely expected to keep its Official Cash Rate unchanged at 5.50 percent.
South Korea will see July data for imports, exports and trade balance. In June, imports were down 25.4 percent and exports sank 16.5 percent for a trade surplus of $1.63 billion.
Australia will see July results for the leading index from the Melbourne Institute; in June, the index rose 0.1 percent on month.
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Asian Markets Trade Mostly Higher
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Indian Shares Seen Little Changed At Open
Indian shares are seen opening flat to slightly higher on Wednesday after reports suggested that Saudi Arabia has restarted its East-West oil pipeline and may have resumed exports from the Red Sea port of Yanbu following drone attacks on September 11.
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Thai Stock Market Tipped To Open Under Water On Wednesday
The Thai stock market has moved higher in four straight sessions, collecting more than 40 points or 2.7 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,605-point plateau although it's likely to open to the downside on Wednesday.
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Indonesia Stock Market May Tick Higher On Wednesday
The Indonesia stock market has finished lower in three straight sessions, surrendering almost 190 points or 3 percent in that span. The Jakarta Composite Index now sits just above the 6,275-point plateau although it's due for support on Wednesday.
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Rally May Stall For Hong Kong Stock Market
The Hong Kong stock market has climbed higher in three straight sessions, improving more than 480 points or 1.9 percent in that span. The Hang Seng Index now sits just above the 25,080-point plateau although it's looking at a soft start on Wednesday.
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