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Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release May figures for consumer prices, highlighting a light day in Asia-Pacific economic activity. In April, overall inflation was up 0.4 percent on month and 2.5 percent on year, while core CPI climbed an annual 2.1 percent.
Singapore will provide May numbers for industrial production, with forecasts suggesting an increase of 2.8 percent on month and 5.8 percent on year. That follows the 2/2 percent monthly increase and the 6.2 percent annual gain in April.
China will see final current account data for the first quarter of 2022; the current account surplus was $118.4 billion in the three months prior.
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Asian Shares End Mostly Higher As Trump's New Tariffs Go Into Effect
Asian stocks advanced on Thursday as U.S. President Donald Trump's sweeping new tariffs take effect against dozens of countries.
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Před 16 minutami
China Exports Growth Accelerates; Imports Rise Unexpectedly
China's exports logged a robust growth in July as the sharp decline in shipments to the US was offset by the rise in exports to the EU and other markets, official data revealed Thursday. Exports surged 7.2 percent on a yearly basis, following June's 5.8 percent increase, the customs office reported. Exports were forecast to climb 5.4 percent.
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Před 36 minutami
UK House Prices Rise At Fastest Pace In 6 Months
UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax showed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a steady pace of 0.1 percent in July. Moreover, this was the fastest growth sinc
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Před 1 h 16 min
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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Před 1 h 36 min
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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Před 1 h 45 min
German Exports Recover In June
Germany's exports grew for the first time in three months in June despite falling shipments to the US, data from Destatis revealed Thursday. Exports advanced 0.8 percent on a monthly basis in June, reversing a fall of 1.4 percent in May. Shipments were expected to rise 0.5 percent. Reflecting the impact of higher tariff, exports to the United States dropped 2.1 percent on a monthly basis.
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Před 1 h 47 min
European Economic News Preview: BoE Likely To Cut Rates
The Bank of England is widely expected to cut its interest rates for the fifth time in a year to support the economy even as inflation continued to stay stubbornly above the target. Markets anticipate a quarter-point cut, bringing the bank rate to 4.00 percent, which will be the lowest since early 2023.
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Před 2 h 52 min
European Shares Poised For Mixed Open
European stocks are seen opening on a mixed note Thursday after U.S. President Donald Trump announced he will impose a 100 percent tariff on imports of semiconductors and chips, with exemptions for companies relocating production to the U.S.
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Před 3 h 17 min
