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Australia Rate Decision On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at 3.60 percent.
South Korea will release October data for consumer prices, with forecasts suggesting a flat monthly reading and a 2.1 percent yearly increase. That follows the 0.5 percent monthly increase and the 2.1 percent annual gain in September.
Japan will see October results for the manufacturing PMI from Jibun Bank; in September, the index score was 48.3.
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Uber Q3 Profit Surges On Higher Trips, Sees Growth In Q4; But Stock Drops
Uber Technologies, Inc. reported Tuesday significantly higher profit in its third quarter as revenues beat market estimates, benefited by strong growth in trips. Bookings also were higher than last year, and the ride-hailing and food delivery company issued fourth-quarter outlook, expecting a growth. Meanwhile, the shares were losing around 5 percent in the pre-market activity.
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Před 1 h 7 min
FTSE 100 Drifts Lower; Miners Among Notable Losers
The U.K. market is down in negative territory on Monday, weighed down by losses in the mining sector. The mood remains quite cautious amid concerns about global economic growth as several central banks, including the Federal Reserve and the European Central Bank signaling that further interest rate cuts are unlikely in the coming months.
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Před 1 h 59 min
CAC 40 Drops To 3-week Low On Widespread Selling
France's CAC 40 index dropped to a three-week low on Tuesday with investors choosing to trim down positions in riskier assets amid concerns about the potential impact of the government shutdown in the U.S., some hawkish comments from Fed officials and mixed corporate earnings from the region.
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Před 2 h 23 min
DAX Down Sharply As Stocks Tumble On Growth Worries
The German market is down sharply in negative territory on Tuesday with stocks from across several sectors reeling under pressure as investors react to mixed earnings updates, and weak U.S. manufacturing data and hawkish comments from some Fed officials.
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Před 3 h 6 min
Sensex Drops Over 500 Points; Nifty Ends Below 25,600
Indian shares ended Tuesday's session lower after three top Federal Reserve officials pushed back against expectations of another interest rate cut in December.
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Před 3 h 33 min
Indian Rupee Rises To 5-day High Against U.S. Dollar
The Indian rupee strengthened against the U.S. dollar in the Asian session on Tuesday, in anticipation that the Reserve Bank of India (RBI) has intervened in the currency market to boost the Indian Rupee.
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Před 3 h 46 min
Commodity Currency's Slide Amid Risk-Off Sentiment
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Tuesday, as Asian stocks traded lower as a tech rally fizzled out due to valuation concerns and investors weighed mixed messages from Federal Reserve officials over the path of interest rates.
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Před 4 h 11 min
European Shares Decline Amid Risk-off Sentiment
European stocks were sharply lower on Tuesday as mixed earnings, weak U.S. manufacturing data and cautious comments from Federal Reserve officials over the path of interest rates soured investors' appetite for riskier assets.
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Před 4 h 52 min
