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Australia Building Approval Data Due On Thursday
(RTTNews) - Australia will on Thursday release December data for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 1.0 percent on month after sinking 9.0 percent in November.
Japan will provide January numbers for monetary base, with forecasts suggesting a decline of 3.2 percent on year following the 6.1 percent decline in the previous month.
South Korea will see January figures for consumer prices, with forecasts calling for an increase of 0.5 percent on month and 5.0 percent on year. That follows the 0.2 percent monthly increase and the 5.0 percent yearly gain in December.
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Swiss Market Ends Notably Lower; Sika, Novartis Decline Sharply
The Switzerland market kept drifting lower and lower after a weak start on Tuesday and eventually ended the day's session firmly in negative territory.
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3h 47min ago
European Stocks Close Mostly Lower As Investors Await Central Banks Rate Decisions
European stocks settled mostly lower on Tuesday as investors reacted a slew of corporate earnings announcements, and awaited the interest rate decisions from several central banks, including the Federal Reserve and the European Central Bank.
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4h 11min ago
Canadian Market Advances; Cameco, Celestica Up Sharply
The Canadian market is up in positive territory around late morning on Tuesday thanks to gains in technology stocks. Energy stocks are weak, weighed down by a sharp drop in crude oil prices.
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6h 14min ago
U.S. Consumer Confidence Edges Modestly Lower In October
Consumer confidence in the U.S. saw a modest deterioration in the month of October, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index dipped to 94.6 in October from an upwardly revised 95.6 in September.
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7h 40min ago
PayPal Lifts FY25 Outlook Above Market, Teams With OpenAI; Stock Up
Shares of PayPal Holdings, Inc. were gaining around 15 percent in the pre-market activity on the Nasdaq, after the company issued earnings forecast for its fourth quarter expecting year-over-year growth, and raised fiscal 2025 outlook above the market estimates. The payment technology major also initiated quarterly cash dividend after reporting higher third-quarter results above market.
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8h 55min ago
Falling Commodity Prices Likely To Weigh On Canadian Market At Open
Canadian market is likely to open on a negative note Tuesday morning, weighed down by falling crude oil and gold prices.
The mood is likely to remain cautious ahead of the monetary policy announcements from the Bank of Canada and the Federal Reserve on Wednesday.
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9h 20min ago
German GfK Consumer Sentiment To Continue Falling On Weak Income Expectations
German consumer confidence is likely to continue its downward trend in November on weaker income expectations, monthly survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Tuesday. The forward-looking consumer climate indicator fell unexpectedly to -24.1 in November from revised -22.5 in October. The score was expected to improve to -22.0.
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10h 12min ago
UPS Sees Q4 Revenues Above Street As Q3 Beats Market, Despite A Fall; Stock Gains
Shares of United Parcel Service Inc. were gaining around 9 percent in the pre-market activity on Tuesday after the logistics major issued fourth-quarter outlook for revenues above market estimates after the third-quarter adjusted earnings and top line beat the Street. On a reported basis, third-quarter earnings were down mainly as revenues were hit by weak results in U.S. Domestic and Supply Chain
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10h 29min ago
