Asia-Pacific markets mostly lower ahead of Australia's May inflation figures

Australia's weighted consumer price index is expected to be 3.8% in May, according to a Reuters poll of economists, higher than the 3.6% recorded in April.

Singapore's May factory output will also be released Wednesday, with a Reuters poll of economists predicting a 2% year-on-year growth rate, as compared to a 1.6% decline recorded in April. Asia-Pacific markets mostly opened lower Wednesday as investors anticipate Australia's inflation numbers for May and Singapore's May manufacturing output data.rate is expected to come in at 3.8% in May, according to a Reuters poll of economists. This is higher than the 3.6% recorded in April.at its last meeting.

Singapore's May factory output will also be released Wednesday, with a Reuters poll of economists predicting a 2% year-on-year growth rate, as compared to a 1.6% decline recorded in April. The yuan's status as a global currency might be gaining ground. But top CEOs see more hurdles to clearChina should focus on financial system reform to increase productivityBucks County

Finance Finance Latest News, Finance Finance Headlines

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

Asia-Pacific markets set for mixed open ahead of Australia's May inflation figuresAustralia's weighted consumer price index is expected to be 3.8% in May, according to Reuters poll of economists, higher than the 3.6% recorded in April.
Source: CNBC - 🏆 12. / 72 Read more »

Asia-Pacific markets set for lower open; Australia and Japan inflation readings expected this weekInvestors in Asia will look toward Australia’s CPI data on Wednesday, after the RBA considered hiking rates at its last meeting.
Source: nbcchicago - 🏆 545. / 51 Read more »

Asia-Pacific markets mixed as China's May inflation misses expectationsChina’s May inflation rate is expected to inch up to 0.4%, compared to April’s growth rate of 0.3%.
Source: nbcchicago - 🏆 545. / 51 Read more »

Asia-Pacific markets mixed as China's May inflation rises for the 4th straight monthChina’s May inflation rate is expected to inch up to 0.4%, compared to April’s increase of 0.3%.
Source: NBCLA - 🏆 319. / 59 Read more »

Asia-Pacific markets rebound after S&P 500 hits new highs; Australia rate decision on tapThe RBA is expected to hold rates at 4.35%, but investors will be watching the language used in the monetary policy statement.
Source: CNBC - 🏆 12. / 72 Read more »

Asia-Pacific markets rebound as Wall Street rallies overnight; Australia rate decision on tapThe RBA is expected to hold rates at 4.35%, but investors will be watching the language used in the monetary policy statement.
Source: nbcsandiego - 🏆 524. / 51 Read more »