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New Zealand Rate Decision On Tap For Wednesday
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.
The RBNZ is expected to hike its Official Cash Rate by 25 basis points, from 5.25 percent to 5.50 percent.
New Zealand also will see Q1 results for retail sales, with forecasts suggesting an increase of 0.2 percent on quarter following the 0.6 percent contraction in the previous three months. Sales are also expected to rise 3.6 percent on year after sinking 4.0 percent in the three months prior.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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13 minutos atrás
French Stocks Mostly Subdued In Cautious Trade
The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
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24 minutos atrás
French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
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50 minutos atrás
Sensex, Nifty Extend Losses On Trade Worries
Indian shares ended lower on Friday to extend recent declines due to concerns over steep U.S. tariffs imposed on Indian goods.
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50 minutos atrás
DAX Down Nearly 0.5% As Investors Focus On Economic Data
German stocks are down in negative territory in cautious trade on Friday as investors digest the nation's import prices and retail sales data and await U.S. inflation data due later in the day,
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58 minutos atrás
European Shares Drift Lower Ahead Of US Inflation Reading
European stocks traded lower on Friday as investors waited for key U.S. inflation data due later in the day that could provide additional clues on a potential Federal Reserve rate cut in September.
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2h 19min atrás
Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
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2h 20min atrás
Asian Shares Mixed Ahead Of US PCE Inflation Data
Asian stocks ended mixed on Friday as caution prevailed ahead of a key U.S. inflation report due later in the day that might show core personal consumption expenditures prices rose 2.9 percent in July, the fastest pace in five months.
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2h 35min atrás
