Australia Unemployment Data On Tap For Thursday

RTTNews | 693 dias atrás
Australia Unemployment Data On Tap For Thursday

(RTTNews) - Australia will on Thursday release August figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The unemployment rate is expected to hold steady at 3.7 percent, with the addition of 24,300 jobs following the loss of 14,600 jobs in July. The participation rate is seen unchanged at 66.7 percent.

Japan will provide July numbers for core machine orders and revised industrial production. Machine orders are expected to sink 0.9 percent on month and 10.7 percent on year after rising 2.7 percent on month and dropping 5.8 percent on year in June. Industrial production is expected to slip 2.0 percent on month, unrevised.

Singapore will see unemployment data for the second quarter of 2023, with forecasts expecting the jobless rate to hold steady at 1.9 percent.

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Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, 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 U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | 43 minutos atrás
China Exports Growth Accelerates; Imports Rise Unexpectedly

China Exports Growth Accelerates; Imports Rise Unexpectedly

China's exports logged a robust growth in July as the sharp decline in shipments to the US was offset by the rise in exports to the EU and other markets, official data revealed Thursday. Exports surged 7.2 percent on a yearly basis, following June's 5.8 percent increase, the customs office reported. Exports were forecast to climb 5.4 percent.
RTTNews | 1h 16min atrás
UK House Prices Rise At Fastest Pace In 6 Months

UK House Prices Rise At Fastest Pace In 6 Months

UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax showed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a steady pace of 0.1 percent in July. Moreover, this was the fastest growth sinc
RTTNews | 1h 56min atrás
German Exports Recover In June

German Exports Recover In June

Germany's exports grew for the first time in three months in June despite falling shipments to the US, data from Destatis revealed Thursday. Exports advanced 0.8 percent on a monthly basis in June, reversing a fall of 1.4 percent in May. Shipments were expected to rise 0.5 percent. Reflecting the impact of higher tariff, exports to the United States dropped 2.1 percent on a monthly basis.
RTTNews | 2h 27min atrás