Indonesia Rate Decision On Tap For Thursday

RTTNews | 564 dias atrás
Indonesia Rate Decision On Tap For Thursday

(RTTNews) - The central bank in Indonesia will on Thursday wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity.

The central bank is expected to keep its benchmark lending rate (6.00 percent), deposit facility rate (5.25 percent) and lending facility rate (6.75 percent) all unchanged.

Singapore will release October fata for consumer prices and industrial production. In September, overall inflation was up 0.5 percent on month and 4.1 percent on year, while core CPI rose an annual 3.00 percent. Industrial production was up 10.7 percent on month and down 2.1 percent on year.

Taiwan will provide October figures for industrial production; in September, production was down 6.72 percent on year.

Australia will see October results for the services and manufacturing PMIs from Judo Bank; in September, their scores were 47.9 and 48.2, respectively.

Finally, the markets in Japan will be closed on Thursday for Workers Day and will re-open on Friday.

read more
DAX Down Over 0.5% In Cautious Trade

DAX Down Over 0.5% In Cautious Trade

German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day. The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.
RTTNews | 27 minutos atrás
Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Co., Inc. has called back all lots of Zicam nasal swabs and Orajel baby teething swabs citing potential microbial contamination, according to the U.S. Food and Drug Administration. Cold remedy nasal swabs are a zinc-free, homeopathic cold remedy swab designed to shorten the duration of the common cold
RTTNews | 1h 5min atrás
Yen Rises After Japan GDP Data

Yen Rises After Japan GDP Data

The Japanese yen strengthened against other major currencies in the Asian session on Monday, after data showed that an upward revision to Japan's first quarter GDP supporting the interest rate hike expectations.
RTTNews | 3h 9min atrás
China Consumer Prices Fall For Fourth Month; Exports Rise

China Consumer Prices Fall For Fourth Month; Exports Rise

China's consumer prices declined for the fourth consecutive month and the decline in producer prices worsened in May, deepening deflation worries among policymakers as domestic demand remained weak despite taking enormous measures to boost consumption. Another report showed an increase in exports in May despite a sharp decline in shipments to the US due to trade tariff uncertainties.
RTTNews | 3h 41min atrás
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Monday.
RTTNews | 4h 11min atrás