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Japan GDP Fata Due On Thursday
(RTTNews) - Japan will on Thursday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
GDP is expected to fall 0.4 percent on quarter and 1.5 percent on year after adding 0.1 percent on quarter and 0.4 percent on year in the previous three months.
Japan also will see final March data for industrial production, with forecasts suggesting an increase of 3.8 percent on month following the 0.6 percent decline in February.
Australia will see April figures for unemployment, with forecasts pegging the jobless rate at 4.9 percent - up from 3.8 percent in March. The economy is expected to have added 25,300 jobs following the loss of 6,600 jobs in the previous month.
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Swiss Market Ends Moderately Lower
After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
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European Markets Close Weak After Cautious Session
European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
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il y a 1h 23min
Canadian Market Down More Than 0.5% On Profit Taking
After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.
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U.S. New Home Sales Pull Back From Upwardly Revised Level In July
New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
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il y a 3h 47min
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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il y a 6h 28min
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.
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il y a 7h 14min
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.
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il y a 7h 16min
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.
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il y a 7h 51min
