Australia Building Approval Data Due On Thursday

RTTNews | 1000 dias atrás
Australia Building Approval Data Due On Thursday

(RTTNews) - Australia will on Thursday release December data for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 1.0 percent on month after sinking 9.0 percent in November.

Japan will provide January numbers for monetary base, with forecasts suggesting a decline of 3.2 percent on year following the 6.1 percent decline in the previous month.

South Korea will see January figures for consumer prices, with forecasts calling for an increase of 0.5 percent on month and 5.0 percent on year. That follows the 0.2 percent monthly increase and the 5.0 percent yearly gain in December.

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Pound Slides Amid UK Fiscal Concerns

Pound Slides Amid UK Fiscal Concerns

The British pound weakened against other major currencies in the European session on Wednesday, as investors expect that UK Chancellor of the Exchequer Rachel Reeves will have to make tough decisions over where to raise taxes and reduce spending in the approaching Autumn Budget.
RTTNews | 17 minutos atrás
CAC 40 Flat In Cautious Trade Ahead Of Fed Rate Decision

CAC 40 Flat In Cautious Trade Ahead Of Fed Rate Decision

French stocks are mostly subdued Wednesday morning with investors largely refraining from making significant moves while awaiting the Federal Reserve's monetary policy announcement later in the day, and looking ahead to the European Central Bank's rate decision and the meeting of U.S. President Donald Trump and his Chinese counterpart Xi Jinping on Thursday.
RTTNews | 38 minutos atrás
DAX Moves In Tight Range; Earnings, Fed Policy Announcement In Focus

DAX Moves In Tight Range; Earnings, Fed Policy Announcement In Focus

German stocks are turning in a mixed performance on Wednesday with investors mostly reacting to corporate earnings announcements and awaiting the Federal Reserve's interest rate decision due later in the day. The European Central Bank is scheduled to announce its monetary policy on Thursday.
RTTNews | 1h 38min atrás
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Wednesday.
RTTNews | 1h 59min atrás
European Shares Mixed Ahead Of Fed Verdict

European Shares Mixed Ahead Of Fed Verdict

European shares were mixed on Wednesday as investors digested a slew of earnings and looked ahead to the Federal Reserve's interest-rate decision later in the day, with a 25-bps cut fully priced in.
RTTNews | 2h 35min atrás
Asian Shares Rise Ahead Of Fed Decision

Asian Shares Rise Ahead Of Fed Decision

Asian stocks rose broadly on Wednesday, with benchmark indexes in Japan and South Korea reaching new record highs, ahead of a Federal Reserve interest-rate cut expected later in the day.
RTTNews | 2h 57min atrás
Aussie Rises As Robust Inflation Data Spurs RBA Rate Cut Pause

Aussie Rises As Robust Inflation Data Spurs RBA Rate Cut Pause

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as traders' bet on rate cut pause by the Reserve Bank of Australia (RBA), following the release of robust Australia's Consumer Price Index (CPI) data.
RTTNews | 3h 2min atrás