Japan Interest Rate Decision Due On Friday

RTTNews | 837 일 전
Japan Interest Rate Decision Due On Friday

(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at -0.10 percent.

Japan also will see July numbers for Tokyo-area inflation; in June, overall Tokyo inflation was up 3.1 percent on year and core CPI rose an annual 3.2 percent.

Australia will provide June figures for retail sales and Q2 data for producer prices. Sales are expected to be flat on month after adding 0.7 percent in May. Producer prices are tipped to add 0.9 percent on quarter and 3.9 percent on year, easing from 1.0 percent on quarter and 5.2 percent on year in the three months prior.

South Korea will release June figures for industrial production and retail sales. Output is expected to slump 2.3 percent on month and 7.6 percent on year after adding 3.2 percent on month and falling 7.3 percent on year in May. Sales are called flat on month after adding 0.4 percent in May.

Singapore will see Q2 numbers for unemployment; in the three months prior, the jobless rate was 1.8 percent.

Taiwan will release preliminary Q2 results for gross domestic product in the previous three months, GDP was down 2.87 percent on year.

Finally, the markets in Thailand are closed on Friday for King Maha's birthday; they will re-open on Monday.

read more
Asian Shares End On Mixed Note

Asian Shares End On Mixed Note

Asian stocks gave up early gains to end mixed on Tuesday after rising in the previous session as U.S. lawmakers moved toward reopening the federal government.
RTTNews | 1 시간 9 분 전
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic sentiment from Germany are the major economic reports due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK labor market statistics. The jobless rate is forecast to rise to 4.9 percent in the three months to September from 4.8 percent in the preceding period.
RTTNews | 3 시간 2 분 전
Sensex, Nifty Modestly Lower In Cautious Trade

Sensex, Nifty Modestly Lower In Cautious Trade

Indian shares were a tad lower on Tuesday despite firm cues from global markets and comments from U.S. President Donald Trump that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.
RTTNews | 5 시간 22 분 전
Australian Market Slips To Losses In Mid-market

Australian Market Slips To Losses In Mid-market

The Australian stock market is slipping in to the red in mid-market trading on Tuesday after early gains, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,850 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 6 시간 25 분 전
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react to further progress made towards ending the US government shutdown, with the US Senate commencing a series of votes on a package to reopen the government and end the longest shutdown on record. Asian markets closed mostly higher on Monday.
RTTNews | 6 시간 44 분 전
Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

Indian shares look set to open on a positive note Tuesday after U.S. President Donald Trump indicated he would reduce the tariff rate on Indian goods "at some point," and that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.
RTTNews | 7 시간 16 분 전
Thai Shares Expected To Open To The Upside On Tuesday

Thai Shares Expected To Open To The Upside On Tuesday

The Thai stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,305-point plateau and it's called higher again on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.
RTTNews | 7 시간 48 분 전