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South Korea GDP Data Due On Thursday
(RTTNews) - South Korea will on Thursday release preliminary Q4 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
GDP is expected to expand 0.5 percent on quarter and 2.1 percent on year after rising 0.6 percent on quarter and 1.4 percent on year in the three months prior.
Hong Kong will see December data for imports, exports and trade balance. In November, imports were up 7.1 percent on month and exports added 7.4 percent for a trade deficit of HKD27.9 billion.
Finally, the markets in Malaysia are off on Thursday for Thaipusam and will re-open on Friday.
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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.
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Před 20 minutami
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.
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Před 1 h 19 min
Asian Shares Rise As Powell Signals Rate Cuts
Asian stocks rose broadly on Monday as Federal Reserve Chair Jerome Powell's dovish signals at the Jackson Hole symposium opened the door to an interest rate cut next month.
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Před 1 h 40 min
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
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Před 2 h 22 min
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews
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Před 2 h 28 min
European Shares Seen Lower At Open As Nvidia Earnings Loom
European stocks are seen opening broadly lower on Monday as investors look ahead to a busy week of economic data and await Nvidia earnings.
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Před 4 h 38 min
Sensex, Nifty Open Higher On Firm Global Cues; IT Stocks Lead Gains
Indian shares opened higher on Monday, mirroring positive cues from global markets amid renewed optimism over a potential U.S. Federal Reserve rate cut.
RTTNews
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Před 5 h 43 min
Australian Market Slashes Early Gains In Mid-market
The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews
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Před 6 h 49 min
