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Japan Manufacturing PMI Data Due On Wednesday
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(RTTNews) - Japan will on Wednesday release December results for the manufacturing PMI from Jibun Bank, highlighting a light day for Asia-Pacific economic activity. The PMI is expected to show a score of 48.8, down slightly from 49.0 in November.
Hong Kong will see November numbers for retail sales; in October, sales were up 3.9 percent on year.
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European Economic News Preview: Eurozone Inflation, Unemployment Data Due
Flash inflation, unemployment and final factory Purchasing Managers' survey results from the euro area are due on Friday, headlining a busy day for the European economic news. At 3.15 am ET, Spain's manufacturing PMI survey data is due. Economists forecast the index to rise to 50.0 in April from 49.5 in March.
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Sensex, Nifty Climb In Early Trade; Auto Stocks Take Lead
Indian shares were sharply higher on Friday, with sentiment aided by the prospect of easing global trade tensions after China said it is evaluating trade talks with the U.S.
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Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Friday, adding to the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,200 level, with gains in iron ore miners, financial and energy stocks partially offset by weakness in gold miners and technology stocks.
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Asian Markets Track Wall Street Higher
Asian stock markets are mostly higher on Friday, following the positive cues from Wall Street overnight, amid optimism about possible trade deals, with US President Donald Trump saying he has "potential" trade deals with India, South Korea and Japan as well as expressed optimism about a resolution with China. Traders are also booking some profits following the recent upside in the markets.
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Sensex, Nifty Seen Higher At Open
Indian shares look set to open a tad higher on Friday as markets resume trading after a holiday on Thursday for Maharashtra Day.
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Thai Bourse May Reclaim 1,200-Point Level
Ahead of Thursday's Labor Day holiday, the Thai stock market had moved higher in four straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau and it's expected to tick higher again on Friday.
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Win Streak May Continue For Indonesia Stock Market
Ahead of Thursday's Labor Day holiday, the Indonesia stock market had moved higher in four straight sessions, advancing almost 160 points or 2.5 percent along the way. The Jakarta Composite Index now rests just beneath the 6,770-point plateau and it's tipped to open in the green again on Friday.
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Japanese Market Significantly Higher
Extending the gains in the previous six sessions, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 36,900 level, with gains in index heavyweights, automakers and exporters partially offset by weakness in financial stocks.
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