South Korea Industrial Production On Tap For Thursday

RTTNews | 914 दिनों पहले
South Korea Industrial Production On Tap For Thursday

(RTTNews) - South Korea will on Thursday release January figures for industrial production and retail sales, highlighting a modest day for Asia-Pacific economic activity.

Industrial production is expected to slip 0.4 percent on month and 8.9 percent on year after shedding 2.9 percent on month and 7.3 percent on year in December. Retail sales were up 1.4 percent on month in December.

Japan will see Q4 numbers for capital spending and February figures for monetary base and household confidence. Capex is expected to rise 6.9 percent on year, slowing from 9.8 percent in the previous three months. The monetary base is called lower by an annual 3.2 percent after sinking 3.8 percent in January. The household confidence index is tipped to see a score of 32.0, up from 31.0 a month earlier.

Hong Kong will provide January data for retail sales; in December, sales were up 1.1 percent on year.

Australia will release January figures for building approvals, with forecasts suggesting a decline of 9.0 percent on month after surging 18.5 percent in December.

read more
DAX Advances; Pharma Stocks Among Notable Gainers

DAX Advances; Pharma Stocks Among Notable Gainers

The German market is modestly higher on Monday, as a U.S. appeals court ruling that many of Donald Trump's tariffs were illegal. Healthcare stocks are finding support after Danish pharma company Novo Nordisk's weight-loss drug Wegovy offered better heart-protective benefits than rival treatments from U.S.-based Eli Lilly.
RTTNews | 34 मिनटों पहले
U.S. Dollar Falls Amid Rising Fed Rate Cut Bets

U.S. Dollar Falls Amid Rising Fed Rate Cut Bets

The U.S. dollar weakened against other major currencies in the late Asian session on Monday, due to growing speculation that the U.S. Federal Reserve (Fed) may lower interest rates at its September meeting.
RTTNews | 1घंटे 13 मिनट पहले
U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the late Asian session on Monday.
RTTNews | 1घंटे 36 मिनट पहले
UK House Price Growth Softens In August

UK House Price Growth Softens In August

UK house prices logged a slower pace of growth in August due to stretched affordability, the Nationwide Building Society said Monday. House prices increased 2.1 percent on a yearly basis in August, slower than the 2.4 percent rise seen in July. On a monthly basis, house prices edged down 0.1 percent, in contrast to the 0.5 percent increase in the previous month.
RTTNews | 1घंटे 39 मिनट पहले
Asian Shares Mixed After US Tech Selloff

Asian Shares Mixed After US Tech Selloff

Asian stocks turned in a mixed performance on Monday as China's factory activity data painted a mixed picture of the world's second-largest economy and investor enthusiasm for artificial intelligence waned.
RTTNews | 2घंटे 31 मिनट पहले
China Manufacturing Activity Returns To Growth

China Manufacturing Activity Returns To Growth

China's manufacturing sector returned to growth in August as rising orders pushed up purchasing activity and unfinished business but firms remained cautious about hiring, survey data from S&P Global showed on Monday. The RatingDog manufacturing Purchasing Managers' Index posted 50.5 in August, up from 49.5 in July. A reading above 50.0 indicates expansion in the sector.
RTTNews | 3घंटे 53 मिनट पहले