Asian Stock Market: Trades lower amid the fear of US higher rate, China's economic woes

cites anonymous sources on Wednesday to affirm that the Japanese government is likely to launch a stimulus plan in October to support companies' wage increases and to lower energy bills. rose 0.88% YoY in August from 0.38% in the previous reading. While Philippine’s Consumer Price Index increased 5.3% YoY in August from the previous reading of a 4.7% increase in July.

Looking ahead, the US weekly Initial Jobless Claims and Unit Labor Costs for Q2 will be due on Thursday. The attention will shift to the Japanese Gross Domestic Product for Q2 on Friday. The quarterly growth number is expected to grow by 1.3%.Information on these pages contains forward-looking statements that involve risks and uncertainties.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Stock market today: Asian markets are mostly lower as oil prices push higherShares are mostly lower in Asia after a decline on Wall Street as traders returned from a long holiday weekend.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: European shares lower after mixed Asian trading as China property shares soarShares opened mostly lower in Europe and Asian shares were mixed as Chinese stocks were lifted by hopes for further support for the country's faltering property market.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: European shares lower after mixed Asian trading as China property shares soarShares opened mostly lower in Europe and Asian shares were mixed as Chinese stocks were lifted by hopes for further support for the country's faltering property market.
Source: wjxt4 - 🏆 246. / 63 Read more »

Asian Stock Market: Bears keep the reins as China property stocks fail to tame growth fearsAsia-Pacific equities grind lower on early Wednesday, despite a corrective bounce in China property stocks, as market players consolidate the previous
Source: FXStreetNews - 🏆 14. / 72 Read more »

Stock Market News Today: Dow Falls More Than 200 Points; AMC Stock in FocusLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market Today: Dow ends lower as Treasury yields surge, but energy jumps By Investing.comStock Market Today: Dow ends lower as Treasury yields surge, but energy jumps
Source: Investingcom - 🏆 450. / 53 Read more »