Month: November 2024

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Update: Asia-Pacific markets rose Monday, with investors awaiting a slew of economic data this week including Korea central bank’s rate decision and India’s third-quarter GDP numbers

Singapore later in the day will release its inflation figures for October. Economists polled by Reuters expect the headline inflation rate of 1.8%, down from the 2% in the previous month. Should this forecast prove correct, this will be Singapore’s lowest rate of inflation since March 2021

Other economic data this week include China’s year to date industrial profits up to October, due on Wednesday

Australia’s S&P/ASX 200 rose 0.75%, hitting a new all-time high of 8,458.9 early in the trading session
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