Australia GDP Data Due On Wednesday

RTTNews | 974 dias atrás
Australia GDP Data Due On Wednesday

(RTTNews) - Australia will on Wednesday release Q3 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.7 percent on quarter and 6.2 percent on year after gaining 0.9 percent on quarter and 3.6 percent on year in the previous quarter.

Australia also will see October data for building permits; in September, permits were down 8.1 percent on month and 12.9 percent on year.

The Philippines will provide October numbers for unemployment and industrial production; in September, the jobless rate was 5.0 percent and production jumped an annual 10.0 percent.

Japan will release preliminary October figures for its leading and coincident indexes; in September, their scores were 97.5 and 101.4, respectively.

Taiwan will see November data for imports, exports and trade balance. Imports are expected to add 0.6 percent on year, down from 8.2 percent in October. Exports are tipped to fall an annual 6.7 percent after dipping 0.5 percent in the previous month. The trade surplus id called at $3.2 billion, up from $2.99 billion a month earlier.

China will release November numbers for imports, exports and trade balance. Imports are expected to sink 6.0 percent on year after dipping 0.7 percent in October. Exports are called lower by an annual 3.5 percent after easing 0.3 percent in the previous month. The trade surplus is pegged at $78.1 billion, down from 85.1 billion a month earlier.

Thailand will see November figures for consumer prices; in October, overall inflation rose 0.33 percent on month and 5.98 percent on year, while core CPI rose an annual 3.17 percent.

read more
European Economic News Preview: BoE Likely To Cut Rates

European Economic News Preview: BoE Likely To Cut Rates

The Bank of England is widely expected to cut its interest rates for the fifth time in a year to support the economy even as inflation continued to stay stubbornly above the target. Markets anticipate a quarter-point cut, bringing the bank rate to 4.00 percent, which will be the lowest since early 2023.
RTTNews | 20 minutos atrás
European Shares Poised For Mixed Open

European Shares Poised For Mixed Open

European stocks are seen opening on a mixed note Thursday after U.S. President Donald Trump announced he will impose a 100 percent tariff on imports of semiconductors and chips, with exemptions for companies relocating production to the U.S.
RTTNews | 45 minutos atrás
Sensex, Nifty Open Lower On Tariff Concerns

Sensex, Nifty Open Lower On Tariff Concerns

Indian shares opened a tad lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
RTTNews | 1h 53min atrás
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending early losses in mid-market moves on Thursday, snapping a three session winning streak, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in iron ore miners and energy stocks.
RTTNews | 2h 49min atrás
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the broadly positive cues from Wall Street overnight, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the US Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | 3h 17min atrás
Thai Stock Market May See Continued Support On Thursday

Thai Stock Market May See Continued Support On Thursday

The Thai stock market has moved higher in three straight sessions, gathering more than 45 points or 3.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,265-point plateau and it's expected to extend its gains again on Thursday.
RTTNews | 4h 20min atrás