Indonesia Interest Rate Decision Due On Wednesday

RTTNews | 109天前
Indonesia Interest Rate Decision Due On Wednesday

(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The benchmark lending rate (5.75 percent), deposit facility rate (5.00 percent) and lending facility rate (6.50 percent) are all seen to be unchanged.

Singapore will release March numbers for consumer prices; in February, overall inflation was up 0.8 percent on month and 0.9 percent on year, while core CPI rose an annual 0.6 percent.

Taiwan will provide March data for industrial production; in February, production was up 17.91 percent on year.

Hong Kong will see March figures for consumer prices; in February, overall inflation was down 0.1 percent on month and up 1.4 percent on year.

Malaysia will release March numbers for consumer prices; in February, overall inflation was up 0.4 percent on month and 1.5 percent on year.

Australia will see preliminary April results for the manufacturing and services PMIs from S&P Global; in March, their scores were 52.1 and 51.5, respectively.

Japan will see preliminary April results for the manufacturing and services PMIs from Jibun Bank; in March, their scores were 48.4 and 50.0, respectively.

New Zealand will provide March numbers for credit card spending; in February, spending was up 0.9 percent on year.

read more
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves. A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
RTTNews | 1天前
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
RTTNews | 1天前
Positive Start Seen For Canadian Stocks

Positive Start Seen For Canadian Stocks

Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment. Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
RTTNews | 1天前
UK Market Roughly Flat; Mining Stocks Move Higher

UK Market Roughly Flat; Mining Stocks Move Higher

Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
RTTNews | 2天前
CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
RTTNews | 2天前