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Japan Leading Index Due On Wednesday
(RTTNews) - Japan will on Wednesday see September figures for its leading index, highlighting a light day for Asia-Pacific economic activity. The index is expected to see a score of 108.8, easing from 109.2 in August.
Australia will release September numbers for building approvals, with forecasts suggesting a decline of 4.6 percent on month following the 7.0 percent increase in August.
Malaysia will see unemployment data for September; in August, the jobless rate was 3.4 percent.
Taiwan will provide October figures for imports, exports and consumer prices. In September, imports were down 12.2 percent on year and exports rose an annual 3.4 percent for a trade surplus of $10.32 billion. Overall inflation was up 2.93 percent on year.
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Bay Street May Open On Weak Note
Canadian shares may open on a weak note Monday morning, tracking lower metal prices and European stocks. However, energy stocks may find support on higher oil prices, and help limit market's downside.
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Před 2 h 1 min
Dollar Extends Losses Amidst Powell's Dovish Surprise
A markedly dovish tone in Fed Chair Jerome Powell's speech at the Jackson Hole symposium on Friday weakened the Dollar, resulting in further losses for the currency during the week ended August 22.
RTTNews
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Před 2 h 46 min
German Ifo Business Confidence Strongest Since 2024
German business sentiment hit the highest level in more than two years in August on expectations that the fiscal stimulus would help to kickstart the economic recovery. The business climate index rose to 89.0 in August from 88.6 in the previous month. This was the highest score since April 2024 and also came in above economists' forecast of 88.6. The German economy's recovery remains weak.
RTTNews
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Před 2 h 49 min
CAC 40 Down Nearly 0.6% In Cautious Trade
French stocks remain in negative territory on Monday, with investors mostly making cautious moves, looking for some more clarity on U.S. - EU trade deal, and awaiting crucial inflation data from the region.
RTTNews
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Před 3 h 23 min
DAX Modestly Lower As Investors Wait For Directional Clues
The German market is languishing in negative territory after a weak start on Monday as investors remain a bit reluctant to pick up stocks, choosing to wait for crucial inflation data from several major countries in Europe.
RTTNews
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Před 3 h 57 min
Sensex, Nifty End Higher As IT Stocks Surge On Dovish Fed Boost
Indian shares ended modestly higher on Monday, with IT stocks leading the surge following dovish remarks from U.S. Federal Reserve Chair Jerome Powell.
RTTNews
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Před 4 h 13 min
Antipodean Currencies Traded Higher Amid Risk-on Mood
The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.
RTTNews
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Před 4 h 40 min
European Shares Inch Lower As Focus Shifts To Inflation Readings
European stocks drifted lower on Monday ahead of key inflation releases from Germany, France, Italy, and Spain due later in the week.
RTTNews
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Před 5 h 39 min
