Australia Building Approval Data Due On Thursday

RTTNews | 70 days ago
Australia Building Approval Data Due On Thursday

(RTTNews) - Australia will on Thursday see January numbers for building approvals, highlighting a light day for Asia-Pacific economic activity.

Overall approvals are seen higher by 6.3 percent on month after adding 0.7 percent in December. Private house approvals are expected to rise 1.1 percent after sinking 3.0 percent in the previous month.

Hong Kong will provide Q4 figures for industrial production and producer prices; in the three months prior, industrial production was down 0.1 percent on year and producer prices were up an annual 3.2 percent.

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Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday on increased risk-off sentiment, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets.
RTTNews | 2h 22min ago
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash purchasing managers' survey results from the major euro area economies and business sentiment from Germany and France are due on Thursday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data for April. The budget deficit is forecast to rise to GBP 18 billion from GBP 16.4 billion in March.
RTTNews | 3h 25min ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 3h 26min ago
NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 3h 41min ago
Sensex, Nifty Tumble On US Fiscal Concerns

Sensex, Nifty Tumble On US Fiscal Concerns

Indian shares were sharply lower on Thursday after Wall Street saw one of its most brutal selling sessions overnight in over a month on concerns about deteriorating U.S. fiscal outlook.
RTTNews | 4h 8min ago
Australian Market Slightly Trims Early Losses In Mid-market

Australian Market Slightly Trims Early Losses In Mid-market

The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
RTTNews | 4h 57min ago