Australia Unemployment Data On Tap For Thursday

RTTNews | vor 692 Tagen
Stocktwits
Australia Unemployment Data On Tap For Thursday

(RTTNews) - Australia will on Thursday release August figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The unemployment rate is expected to hold steady at 3.7 percent, with the addition of 24,300 jobs following the loss of 14,600 jobs in July. The participation rate is seen unchanged at 66.7 percent.

Japan will provide July numbers for core machine orders and revised industrial production. Machine orders are expected to sink 0.9 percent on month and 10.7 percent on year after rising 2.7 percent on month and dropping 5.8 percent on year in June. Industrial production is expected to slip 2.0 percent on month, unrevised.

Singapore will see unemployment data for the second quarter of 2023, with forecasts expecting the jobless rate to hold steady at 1.9 percent.

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FTSE 100 Modestly Higher; Hiscox Soars 9%

FTSE 100 Modestly Higher; Hiscox Soars 9%

U.K. stocks are turning in a mixed performance on Wednesday with investors digesting corporate earnings announcements, and continuing to assess the economic impact of the Trump administration's tariffs that are set to become effective this week.
RTTNews | vor 28 Minuten
CAC 40 Up In Positive Territory In Cautious Trade

CAC 40 Up In Positive Territory In Cautious Trade

The French market is modestly higher on Wednesday with corporate earnings announcements providing some direction. Despite data showing a sharp drop in French construction sector activity, and fresh concerns about tariffs following U.S. President Donald Trump's fresh tariff threat, the mood is a bit positive amid hopes the Fed will cut interest rate next month.
RTTNews | vor 1Std 0 Minuten
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | vor 1Std 3 Minuten
Sensex, Nifty End Slightly Lower As RBI Hits Pause

Sensex, Nifty End Slightly Lower As RBI Hits Pause

Indian shares ended modestly lower on Wednesday after U.S. President Donald Trump said that he would increase the tariffs charged on Indian imports "very substantially" over the next 24 hours because of India's continued purchases of Russian oil.
RTTNews | vor 1Std 11 Minuten
DAX Modestly Higher As Investors React To Earnings

DAX Modestly Higher As Investors React To Earnings

Despite disappointing factory orders data, and U.S. President Donald Trump's threat that he would impose tariffs on pharma and chips, German stocks are gaining some ground in positive territory on Wednesday. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
RTTNews | vor 1Std 53 Minuten
Commodity Currencies Rise Amid Risk-Appetite

Commodity Currencies Rise Amid Risk-Appetite

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major peers in the Asian session on Wednesday, as Asian markets traded higher after Trump hailed his "good relationship" with his Chinese counterpart Xi Jinping, adding that a deal with China was taking shape.
RTTNews | vor 1Std 57 Minuten
Downturn In UK Construction Activity Deepens

Downturn In UK Construction Activity Deepens

The UK construction sector downturn deepened in July as volumes of work carried out across all sectors decreased markedly, survey results from S&P Global showed on Wednesday. The headline construction Purchasing Managers' Index fell to 44.3 in July from 48.8 in June. The score signaled the sharpest contraction since May 2020.
RTTNews | vor 2Std 20 Minuten
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