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New Zealand Retail Sales Data Due On Friday
(RTTNews) - New Zealand will on Friday release Q1 numbers for retail sales, highlighting a modest day for Asia-Pacific economic activity. Sales are expected to be flat on quarter after rising 0.9 percent in the three months prior.
Japan will provide April figures for national consumer prices; in March, overall inflation was up 0.3 percent on month and 3.6 percent on year, while core CPI rose an annual 3.2 percent.
Singapore will see April numbers for consumer prices; in March, overall inflation was down 0.1 percent on month and up 0.9 percent on year, while core CPI rose an annual 0.5 percent.
Taiwan will release April data for industrial production; in March, production was up 13.65 percent on year.
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New Zealand Unemployment Data Due On Wednesday
New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.
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13 minutes ago
U.S. Dollar Declines Amid Soft ISM PMI Data
The U.S. dollar dropped against its most major counterparts in the New York session on Tuesday amid soft ISM services PMI data for July.
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54 minutes ago
TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes
The Canadian market is up sharply on Tuesday with traders picking up stocks across the board, betting on hopes of an interest rate cut by the Federal Reserve next month.
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4h 13min ago
Swiss Market Ends Modestly Higher
The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
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4h 46min ago
European Stocks Close Broadly Higher
European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
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5h 6min ago
U.S. Service Sector Growth Unexpectedly Slows In July
A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
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7h 44min ago
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
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8h 30min ago
U.S. Trade Deficit Narrows Slightly More Than Expected In June
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.
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9h 34min ago
