Australia Consumer Confidence Index Data Due On Tuesday

RTTNews | 1120 dias atrás
Australia Consumer Confidence Index Data Due On Tuesday

(RTTNews) - Australia will on Tuesday see August results for the consumer confidence index from Westpac Bank, highlighting a modest day for Asia-Pacific economic activity. In July, the index slipped 3.0 percent on month to a score of 83.8.

New Zealand will provide July numbers for electronic retail card spending; in June, spending was up 0.1 percent on month and 1.9 percent on year.

Indonesia will release June figures for retail sales; in May, sales were up 2.9 percent on year.

Thailand will see July results for its consumer confidence index; in June, the index score was 41.6.

Japan will provide July data for machine tool orders; in June, orders were up 17.1 percent on year.

Finally, the markets in Singapore are closed on Tuesday for National Day and will re-open on Wednesday.

read more
Pound Slides After UK Starmer's Reshuffle

Pound Slides After UK Starmer's Reshuffle

The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline. In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
RTTNews | 1h 9min atrás
Eurozone Inflation Rises Slightly To 2.1%

Eurozone Inflation Rises Slightly To 2.1%

Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.
RTTNews | 1h 17min atrás
European Shares Slide As Inflation Accelerates

European Shares Slide As Inflation Accelerates

European stocks traded lower on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
RTTNews | 1h 45min atrás
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews | 1h 53min atrás
FTSE Edges Lower As Yields Jump On Debt Concerns

FTSE Edges Lower As Yields Jump On Debt Concerns

U.K. stocks traded lower on Tuesday as the 30-year gilt yield hit a 27-year high at 5.680 percent in early trading on rising debt concerns, in a pre-budget blow for chancellor Rachel Reeves.
RTTNews | 2h 4min atrás