Australia Home Loan Data Due On Friday
(RTTNews) - Australia will on Friday release March figures for home loans, highlighting a light day for Asia-Pacific economic activity. In February, loans were up 1.6 percent on month and investment lending added 1.2 percent.
Singapore will provide March data for retail sales; in February, sales were up 3.0 percent on month and 8.4 percent on year.
Hong Kong will see March numbers for retail sales; in February, sales were up 1.9 percent on year.
Finally, the markets in China remain shuttered for Labor Day, and will reopen on Monday. Japan is also off for Constitution Memorial Day.
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Japan Household Spending Data Due On Friday
Japan will on Friday release April figures for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is tipped to rise 0.2 percent on month and 0.6 percent on year after rising 1.2 percent on month and falling 1.2 percent on year in March.
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6h 22min atrás
Materials, Energy Stocks Lift TSX
After moving in a narrow range in somewhat lackluster trades, the Canadian market ended modestly higher on Thursday, thanks to strong gains in materials and energy sectors.
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7h 10min atrás
Dollar Loses Ground Against Major Counterparts Ahead Of Jobs Data
The U.S. dollar stayed largely subdued on Thursday with traders digesting the European Central Bank's rate cut decision, and awaiting the crucial U.S. jobs data that could provide some clues about the likely timing of an interest rate cut by the Federal Reserve.
RTTNews
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7h 30min atrás
Swiss Market Ends On Bright Note
The Switzerland market ended on a bright note on Thursday with the mood remaining quite upbeat following the European Central Bank's decision to cut interest rate.
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10h 24min atrás
European Stocks Close On Firm Note After ECB Cuts Interest Rate
European stocks closed on a firm note on Thursday, after the European Central Bank cut interest rate for the first time since September 2019. Expectations of an interest rate cut by the Federal Reserve in September also helped underpin sentiment.
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10h 39min atrás
Euro Strengthens After ECB Rate Cut
The euro firmed against its major counterparts in the New York session on Thursday, as the European Central Bank cut interest rates by 25 basis points as widely expected, but did not provide clues on rate cut path in the future.
RTTNews
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11h 26min atrás
Canadian Market Modestly Higher In Cautious Trade
Canadian shares are turning in a mixed performance on Thursday with investors digesting the rate cut moves by the Bank of Canada and the European Central Bank, in addition to the latest batch of economic data from Canada and the U.S.
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12h 56min atrás
U.S. Labor Productivity, Costs Increase Less Than Previously Estimated In Q1
Revised data released by the Labor Department on Thursday showed U.S. labor productivity increased by slightly less than previously estimated in the first quarter of 2024. Unit labor costs also jumped by less than previously estimated during the quarter.
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14h 30min atrás
