New Zealand Trade Data Due On Tuesday
(RTTNews) - New Zealand will on Tuesday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
South Korea will see September numbers for producer prices; in August, producer prices were down 0.1 percent on month and up 1.6 percent on year.
Hong Kong will provide September data for consumer prices; in August, overall inflation was flat on month and up 2.5 percent on year.
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Indian Shares Set To Follow Global Peers Higher
Indian shares are seen opening higher on Tuesday, tracking mostly positive cues from global markets as oil extended declines, helping ease concerns around inflation and input costs ahead of the Reserve Bank of India's monetary policy announcement due this week.
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Thai Stock Market May Tick Higher Again On Tuesday
The Thai stock market has tracked higher in three straight sessions, gathering more than 15 points or 1.0 percent in that span. The Stock Exchange of Thailand now sits just above the 1,575-point plateau and it may see additional support again on Tuesday.
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Japanese Market Modestly Higher
The Japanese stock market is trading modestly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 70,150 level, with gains in automakers, financial stocks.
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Australian Markets Notably Higher
The Australian stock market is notably higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving well above the 8,700 level, with gains in mining and technology stocks partially offset by weakness in energy stocks.
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Higher Open Expected For Indonesia Stock Market
The Indonesia stock market has moved higher in two straight sessions, climbing almost 110 points or 1.6 percent in that span. The Jakarta Composite Index now sits just beneath the 6,120-point plateau and it's likely to open to the upside again on Tuesday.
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Hong Kong Stock Market May Extend Monday's Gains
The Hong Kong stock market has alternated between positive and negative finishes through the last five 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 23,830-point plateau and it's tipped to open in the green again on Tuesday.
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Overbought Taiwan Shares Nonetheless Called Higher Again
The Taiwan stock market has moved higher in four straight sessions, climbing more than 2,050 points or 4.4 percent along the way. The Taiwan Stock Exchange now sits just above the 49,700-point plateau and it may see mild upside again on Tuesday.
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Singapore Stock Market May Crack Resistance At 5,700 Points
The Singapore stock market on Monday snapped the four-day losing streak in which it had slumped almost 100 points or 1.8 percent. The Straits Times Index now sits just above the 5,660-point plateau and it's expected to open to the upside again on Tuesday.
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