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BoJ Tankan Survey On Tap For Wednesday

RTTNews | 967 dias atrás

BoJ Tankan Survey On Tap For Wednesday

(RTTNews) - The Bank of Japan will on Wednesday release its quarterly Tankan survey of business sentiment, highlighting a modest day for Asia-Pacific economic activity. The large manufacturers index is expected to see a score of +6, down from +8 in Q3, while the outlook is also pegged at +6 - down from +9 in the three months prior.

Japan also will see October numbers for core machine orders and industrial production. Machine orders are expected to add 2.6 percent both on month and on year after slipping 4.6 percent on month and surging 21.5 percent on year in September.

Singapore will provide Q3 data for unemployment; in the previous three months, the jobless rate was 2.1 percent.

South Korea will see November figures for unemployment; in October, the jobless rate was 2.8 percent.

China will provide November numbers for foreign direct investment; in October, FDI was up 14.4 percent on year.

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Bank Of England Cuts Rate In Tight Vote

Bank Of England Cuts Rate In Tight Vote

The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.

RTTNews | 43 minutos atrás

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.

RTTNews | 1h 25min atrás

U.S. Labor Productivity Surges 2.4% In Second Quarter

U.S. Labor Productivity Surges 2.4% In Second Quarter

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.

RTTNews | 1h 32min atrás

U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.

RTTNews | 1h 39min atrás

Pound Jumps After BoE Rate Decision

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.

RTTNews | 2h 7min atrás

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.

RTTNews | 2h 8min atrás

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.

RTTNews | 2h 24min atrás

Euro Rises Amid Trump's Tariff Implementations

Euro Rises Amid Trump's Tariff Implementations

The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.

RTTNews | 2h 42min atrás

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