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New Zealand Rate Decision On Tap For Wednesday
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and the announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBNZ is widely expected to trim its Official Cash Rate by 25 basis points, to 3.25 percent from 3.50 percent.
Australia will release Q1 numbers for construction work, with forecasts suggesting no change at 0.5 percent on quarter.
Taiwan will see Q1 data for gross domestic product, with forecasts calling for an increase of 5.37 percent on year - accelerating from 2.90 percent in the three months prior.
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TSX Settles Lower As Trade Tensions Resurface
Despite hitting record highs earlier in the week, the Canadian market ended weak for a second straight day as trade tensions weighed on sentiment, prompting investors to tread cautiously on Friday.
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Před 14 h 46 min
Crude Oil Prices Slip On Friday
Crude suffered a weekly loss of more than 1 percent due to uncertainty over U.S. President Donald Trump's tariffs and their likely impact on global growth and fuel demand.
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Před 19 h 24 min
Pound Drops As Trade Tensions Renew
The pound fell against its major counterparts in the New York session on Friday, as trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month.
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Před 19 h 25 min
Weighed Down By Tariff Uncertainty, Gold Slides
The swift changes in successive US court rulings on tariffs and a softer inflation report caused a slide in gold price on Friday.
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Před 19 h 33 min
Swiss Market Ends Modestly Higher
Save for a few minutes at the start when it stayed a bit weak, the Switzerland market remained positive on Friday, and despite coming off the day's high hit around noon, ended the session modestly higher.
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Před 21 h 39 min
Major European Markets Close Slightly Higher
Despite uncertainty surrounding Trump administration's tariff plans, The major European markets mostly closed higher on Friday.
Trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month, but investors picked up stocks amid expectations of an interest rate cut by the European Central Bank.
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Před 22 h 4 min
Canadian Market Modestly Lower, Looks Headed For Another Weak Close
The Canadian market is exhibiting weakness on Friday, weighed down by losses in energy, healthcare and technology sectors. Amid renewed concerns about a global trade war, the mood in the market remains cautious.
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Před 23 h 1 min
U.S. Stocks Broadly Lower In Cautious Trade
U.S. stocks are turning in a weak performance on Friday amid renewed concerns over trade tensions, and a batch of mixed economic data.
The major averages all are down in negative territory, with the tech-laden Nasdaq underperforming.
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Před 23 h 33 min
