South Korea GDP Data Due On Thursday

RTTNews | 426 days ago
South Korea GDP Data Due On Thursday

(RTTNews) - South Korea will on Thursday release preliminary Q2 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to add 0.6 percent on quarter and 0.4 percent on year after the 0.2 percent quarterly contraction and the flat annualized reading in the three months prior.

Australia will see July numbers for the manufacturing and services PMIs from S&P Global; in June, their scores were 50.6 and 51.8, respectively.

Japan will see July numbers for the manufacturing and services PMIs from Jibun Bank; in June, their scores were 50.1 and 51.7, respectively.

Thailand will provide June data for imports, exports and trade balance. Imports are expected to climb 17.7 percent on year after rising 18.0 percent in May. Exports are called higher by an annual 18.9 percent, up from 18.4 percent in the previous month. The trade surplus is pegged at $0.900 billion, down from $1.120 billion a month earlier.

read more
Rally May Stall For Hong Kong Stock Market

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.
RTTNews | 10 minutes ago
Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 moving well above the 8,750 level, with gains in mining stocks partially offset by weakness in energy and technology stocks.
RTTNews | 17 minutes ago
China Stock Market May Spin Its Wheels On Wednesday

China Stock Market May Spin Its Wheels On Wednesday

The China stock market has finished higher in three straight sessions, climbing more than 75 points or 1.7 percent in that span. The Shanghai Composite Index now sits just above the 3,950-point plateau although it may open in the red on Wednesday.
RTTNews | 25 minutes ago
Taiwan Stock Market Due For Consolidation

Taiwan Stock Market Due For Consolidation

The Taiwan stock market has tracked higher in five straight sessions, surging more than 2,880 points or 6.4 percent along the way. The Taiwan Stock Exchange now sits just above the 47,800-point plateau although it's likely to run out of steam on Wednesday.
RTTNews | 55 minutes ago
Singapore Stock Market May Run Out Of Steam On Wednesday

Singapore Stock Market May Run Out Of Steam On Wednesday

The Singapore stock market has finished higher in two straight sessions, gathering almost 70 points or 1.2 percent along the way. The Straits Times Index now sits just above the 5,720-point plateau although it may spin its wheels on Wednesday.
RTTNews | 1h 25min ago
Little Movement Seen For Malaysia Stock Market

Little Movement Seen For Malaysia Stock Market

The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 20 points or 1.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,680-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | 1h 55min ago
South Korea Stock Market May See Profit Taking

South Korea Stock Market May See Profit Taking

The South Korea stock market has finished higher in three straight sessions, accelerating more than 300 points or 4.2 percent along the way. The KOSPI now sits just above the 7,015-point plateau although investors may lock in gains on Wednesday.
RTTNews | 2h 25min ago
Indonesia Rate Decision On Tap For Wednesday

Indonesia Rate Decision On Tap For Wednesday

The central bank in Indonesia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The benchmark lending rate (5.75 percent), deposit facility rate (4.75 percent) and the lending facility rate (6.50 percent) are all expected to be unchanged.
RTTNews | 3h 25min ago