News Formal

Asia stocks set to rise as investors await China and Australia data this week; Japan and South Korea markets closed

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

On Monday, composite purchasing managers’ index readings will be released by S&P Global for Hong Kong, while service PMI will be out for mainland…

Asia stocks set to rise as investors await China and Australia data this week; Japan and South Korea markets closedAsia-Pacific markets were set to climb as investors awaited the Reserve Bank of Australia's rate decision on Tuesday and China's April trade data on Thursday.

However, the analysts said Australia's inflation data was better than they had expected, and compared to the US, the country's economy had slowed more with the labor market softening substantially. As such, they forecast no change to the RBA's rate of 4.35%.On Monday, composite purchasing managers' index readings will be released by S&P Global for Hong Kong, while service PMI readings will be out for mainland China and India.On Friday in the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia markets climb ahead of consumer confidence data from Japan, business confidence survey from AustraliaInvestors in Asia will observe business confidence surveys out from Australia and consumer confidence data from Japan.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »