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Soft Start Anticipated For China Stock Market
The China stock market has moved higher in three straight sessions, gathering more than 85 points or 2.8 percent along the way. The Shanghai Composite Index now rests just above the 3,165-point plateau although it may spin its wheels on Friday.
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Australia Home Loans Drop 2.9% In October
The value of owner-occupied home loans issued in Australia in October was down a seasonally adjusted 2.9 percent on month, coming in at A$17.16 billion.
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Australia Retail Sales Dip 0.2% In October
The value of retail sales in Australia was down a seasonally adjusted 0.2 percent on month in October, the Australian Bureau of Statistics said on Friday - coming in at A$35.017 billion.
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Rally May Stall For Taiwan Stock Market
The Taiwan stock market has finished higher in three consecutive sessions, gathering more than 450 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just above the 15,000-point plateau although it may run out of steam on Friday.
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Japan Monetary Base Falls 6.4% On Year In November
The monetary base in Japan was down 6.4 percent on year in November, the Bank of Japan said on Friday - coming in at 616.820 trillion yen.
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Singapore Shares May See Resistance At 3,300 Points
The Singapore stock market has moved higher in three straight sessions, gaining more than 50 points or 1.6 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau although it may be stuck in neutral on Friday.
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Little Movement Anticipated For Malaysia Stock Market
The Malaysia stock market has tracked higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,490-point plateau and it's expected to see a steady start on Friday.
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South Korea Inflation Jumps 5.0% On Year In November
Consumer prices in South Korea were up 5.0 percent on year in November, Statistics Korea said on Friday.
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South Korea Stock Market May Be Stuck In Neutral On Friday
The South Korea stock market has finished higher in three straight sessions, advancing more than 70 points or 2.9 percent along the way. The KOSPI now rests just beneath the 2,480-point plateau and it's likely to remain in that neighborhood again on Friday.
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New Zealand Terms Of Trade Sink 3.4% In Q3
New Zealand's terms of trade fell 3.4 percent on quarter in the third quarter of 2022, Statistics New Zealand said on Friday.
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Australia Home Loans Data Due On Friday
Australia will on Friday release October figures for home loans, highlighting a light day for Asia-Pacific economic activity. Home loans are expected to sink 4.5 percent on month after dropping 9.3 percent in September.
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TSX Ends Modestly Higher
The Canadian market ended modestly higher on Thursday, aided by gains in healthcare, technology and materials sectors.
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Dollar Slips Against Major Rivals As Powell's Dovish Comments Weigh
The U.S. dollar lost ground against its major counterparts on Thursday, weighed down by Fed Chair Jerome Powell's comments signaling a slower pace of rate hikes from this month.
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