New Zealand Services Index Data Due On Monday

RTTNews | 861 dias atrás
New Zealand Services Index Data Due On Monday

(RTTNews) - New Zealand will on Monday see July results for the Performance of Services Index from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In June, the index score was 50.1.

Also, the markets in Thailand are closed on Monday for the queen's birthday and will re-open on Tuesday.

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Australian Dollar Rises After PBoC Rate Decision

Australian Dollar Rises After PBoC Rate Decision

The Australian dollar strengthened against other major currencies in the Asian session on Monday, after China maintained its benchmark interest rates for the seventh straight month, as widely expected.
RTTNews | 1h 2min atrás
Sensex, Nifty Up Firmly As Tech, Metal Stocks Rally

Sensex, Nifty Up Firmly As Tech, Metal Stocks Rally

Key Indian stock indexes Sensex and the Nifty50 remain firmly placed in positive territory Monday afternoon, holding their early gains intact thanks to sustained buying at several counters, amid rising optimism about more monetary easing by the Federal Reserve, and reacting to some encouraging corporate news.
RTTNews | 1h 13min atrás
European Economic News Preview: UK Revised GDP Data Due

European Economic News Preview: UK Revised GDP Data Due

Revised GDP from the UK is the top economic news due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP data for the third quarter. The initial estimate showed that the economy grew 0.1 percent sequentially, following the prior quarter's 0.3 percent expansion.
RTTNews | 2h 57min atrás
China Keeps Key Interest Rates Unchanged

China Keeps Key Interest Rates Unchanged

China maintained its benchmark interest rates for the seventh straight month, as widely expected, on Monday. The People's Bank of China left its one-year loan prime rate unchanged at 3.0 percent on Monday. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The bank had reduced its both LPRs by quarter points in October 2024.
RTTNews | 3h 27min atrás
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Monday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,650.00 level, with gains across most other sectors led by mining and technology stocks.
RTTNews | 6h 37min atrás
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, boosted by sharp gains in technology shares which mirrored their peers on the tech-heavy Nasdaq amid solid earnings news and easing concerns of a tech bubble. Optimism about more monetary easing by the US Fed following soft inflation data continues to lift the markets.
RTTNews | 6h 41min atrás