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Singapore Retail Sales Data Due On Friday
(RTTNews) - Singapore will on Friday release June figures for retail sales, highlighting a light day for Asia-Pacific economic activity.
Sales are expected to be flat on month and rise 2.7 percent on year after slipping 0.2 percent on month and adding 1.8 percent on year in May.
Japan will see June numbers for average cash earnings; in the previous month, earnings were up 2.5 percent on year.
Finally, the Reserve Bank of Australia is scheduled to release its regular monetary policy statement.
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U.S. Service Sector Growth Unexpectedly Slows In July
A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
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hace 1h 51min
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
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hace 2h 37min
U.S. Trade Deficit Narrows Slightly More Than Expected In June
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.
RTTNews
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hace 3h 41min
Eurozone Private Sector Continues To Expand
Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
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hace 3h 44min
Bay Street May Open Slightly Higher
Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
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hace 3h 55min
FTSE 100 Advances On Upbeat Earnings
The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.
RTTNews
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hace 4h 24min
Pound Rises As Traders Await BoE Monetary Policy Meeting
The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
RTTNews
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hace 4h 35min
CAC 40 Modestly Higher
The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.
RTTNews
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hace 4h 55min
