BoJ Tankan Survey On Tap For Wednesday

RTTNews | Před 875 dny
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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Japanese Market Slightly Lower

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Australian Market Slightly Higher

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Canadian Stocks Marginally Down In Cautious Trade

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Swiss Market Ends Flat After Choppy Session

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The Switzerland market closed slightly weak after a choppy ride on Tuesday as investors mostly stayed cautious, looking for fresh triggers. The Federal Reserve and the Bank of England are scheduled to announce their rate decisions on Wednesday and Thursday, respectively.
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European stocks closed broadly lower on Tuesday with investors largely staying cautious, following political and geopolitical developments, digesting economic and earnings updates, and awaiting the monetary policy announcements from the Federal Reserve and the Bank of England, due later in the week.
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UK Car Sales Drop 10.4% In April As Higher Taxes Hurt - SMMT

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New car registrations in the U.K. decreased in April mainly due to customers making purchases early to avoid higher taxes that came into effect at the start of the month, though electric car sales continued to increase, monthly data from the Society of Motor Manufacturers and Traders showed on Tuesday.
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U.S. Trade Deficit Spikes To Record High In March As Import Surge

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The U.S. trade deficit spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday. The report said the trade deficit soared to a record high $140.5 billion in March from a revised $123.2 billion in February.
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