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Indonesia Rate Decision Due On Wednesday
(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.
The benchmark lending rate (5.50 percent), deposit facility rate (4.75 percent), and lending facility rate (6.25 percent) are all expected to be unchanged.
South Korea will provide June numbers for imports, exports and trade balance. In May, imports were up 3.3 percent on year and exports rose an annual 4.3 percent for a trade surplus of $9.08 billion.
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Japan Shares May Turn Lower Again On Wednesday
The Japan stock market on Tuesday wrote a finish to the two-day slide in which it had tumbled almost 780 points or 1.8 percent. The Nikkei 225 now sits just shy of the 40,550-point plateau although it may head south again on Wednesday.
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17 분 전
South Korea Shares May Be Stuck In Neutral
The South Korea stock market has moved higher in back-to-back sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau although the rally may stall on Wednesday.
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32 분 전
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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1 시간 32 분 전
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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2 시간 13 분 전
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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5 시간 32 분 전
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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6 시간 5 분 전
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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6 시간 25 분 전
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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9 시간 2 분 전
