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New Zealand Money Supply Data Due On Wednesday
(RTTNews) - New Zealand will on Wednesday see November numbers for its M3 money supply, highlighting a very light day for Asia-Pacific economic activity.
In October, the money supply was worth NZ$405.9 billion.
Also, the markets in Japan remain closed on Wednesday for the New Yea holiday and will re-open on Thursday.
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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.
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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.
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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.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings
German stocks are up in positive territory on Tuesday, gaining for a second straight session, as investors continue to focus on earnings and other corporate news, even while continuing to follow the developments on the trade front ahead of new tariffs that come into force later in the week.
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Yen Rises Amid BoJ Rate Hike Speculation
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
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Sensex, Nifty End Modestly Lower After Trump's Tariff Threat
Indian shares ended Tuesday's session lower after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
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European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge
European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.
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