Advertisement
New Zealand Rate Decision Due On Wednesday
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day in Asia-Pacific economic activity.
The RBNZ is widely expected to keep its Official Cash Rate unchanged at 5.50 percent.
Australia will provide Q3 data for construction work done, with forecasts suggesting an increase of 0.3 percent on quarter following the 0.4 percent gain in the three months prior.
The central bank in Thailand will conclude its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep its benchmark lending rate steady at 2.50 percent.
read more
FTSE 100 Modestly Higher; Hiscox Soars 9%
U.K. stocks are turning in a mixed performance on Wednesday with investors digesting corporate earnings announcements, and continuing to assess the economic impact of the Trump administration's tariffs that are set to become effective this week.
RTTNews
|
29分前
CAC 40 Up In Positive Territory In Cautious Trade
The French market is modestly higher on Wednesday with corporate earnings announcements providing some direction. Despite data showing a sharp drop in French construction sector activity, and fresh concerns about tariffs following U.S. President Donald Trump's fresh tariff threat, the mood is a bit positive amid hopes the Fed will cut interest rate next month.
RTTNews
|
1時0分前
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
1時3分前
Sensex, Nifty End Slightly Lower As RBI Hits Pause
Indian shares ended modestly lower on Wednesday after U.S. President Donald Trump said that he would increase the tariffs charged on Indian imports "very substantially" over the next 24 hours because of India's continued purchases of Russian oil.
RTTNews
|
1時11分前
Indian Rupee Rises To 2-day High After RBI Rate Decision
The Indian rupee strengthened against the U.S. dollar in the European session, as the India's central bank retained its key interest rates.
RTTNews
|
1時21分前
DAX Modestly Higher As Investors React To Earnings
Despite disappointing factory orders data, and U.S. President Donald Trump's threat that he would impose tariffs on pharma and chips, German stocks are gaining some ground in positive territory on Wednesday. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
RTTNews
|
1時54分前
Commodity Currencies Rise Amid Risk-Appetite
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major peers in the Asian session on Wednesday, as Asian markets traded higher after Trump hailed his "good relationship" with his Chinese counterpart Xi Jinping, adding that a deal with China was taking shape.
RTTNews
|
1時57分前
Downturn In UK Construction Activity Deepens
The UK construction sector downturn deepened in July as volumes of work carried out across all sectors decreased markedly, survey results from S&P Global showed on Wednesday. The headline construction Purchasing Managers' Index fell to 44.3 in July from 48.8 in June. The score signaled the sharpest contraction since May 2020.
RTTNews
|
2時21分前
