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Australia Trade Data Due On Thursday
(RTTNews) - Australia will on Thursday release June figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In May, imports were up 2.0 percent on month and exports rose 4.0 percent for a trade surplus of A$11.791 billion.
Australia also will see Q2 numbers for retail sales, with forecasts suggesting a decline of 1.8 percent on quarter following the 0.6 percent drop in the three months prior.
Finally, some of the regional nations will see July results for their respective services PMIs from S&P Global, including Australia, Japan (Jibun), Hong Kong (private sector), Singapore (private sector), and China (Caixin).
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TSX Tumbles 2%; Technology, Financials Stocks Down Sharply
The Canadian market is down sharply Thursday afternoon, weighed down by a sell-off in tech stocks amid concerns about high valuations. Shares from healthcare, utilities and financials sectors are the other major losers.
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3h 20min ago
Swiss Market Ends Weak
The Switzerland market ended on a weak note on Thursday as stocks failed to hold early gains and drifted lower with investors taking some profits, cashing in recent gains.
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3h 56min ago
European Stocks Retreat After Positive Start, Close Broadly Lower
European stocks closed lower on Thursday as investors chose to take some profits after recent gains, following the signing of a funding bill by U.S. President Donald Trump paving the way for the end of the government shutdown in the world's largest economy.
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4h 25min ago
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note on Thursday, tracking earnings updates, and commodity prices. The end to the U.S. government shutdown following President Donald Trump signing a short term bill is likely to aid sentiment.
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8h 59min ago
European Stocks Pare Early Gains As Markets Digest Earnings, Economic News
European stocks gave up early gains and are broadly lower Thursday afternoon as investors look ahead to some crucial economic data following the longest federal government shutdown in U.S. history coming to an end after President Donald Trump signed a funding package.
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9h 25min ago
Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down
Shares of Walt Disney Co. were losing around 4 percent in the pre-market activity on Thursday after the media and entertainment major reported nearly flat revenues in its fourth quarter below market estimates, even though profit beat the Street. Further, the firm said it expects double digit year-over-year growth in adjusted earnings per share for fiscal 2026 and 2027, and targets doubling share
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9h 37min ago
FTSE 100 Moderately Lower At Noon As Investors React To Earnings, GDP Data
U.K.'s benchmark FTSE 100 is down in negative territory around noon on Thursday with investors digesting a slew of earnings updates, and data showing a marginal increase in the nation's economic growth in the third quarter.
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10h 18min ago
UK Economy Logs Marginal Growth
The UK economy logged only a marginal growth in third quarter as the cyber attack on Jaguar Land Rover hit production, official data revealed on Thursday. Gross domestic product grew 0.1 percent sequentially, following the prior quarter's 0.3 percent expansion, the Office for National Statistics reported Thursday. Output was expected to advance 0.2 percent.
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10h 21min ago
