Australia Trade Data On Tap For Thursday

RTTNews | 69 days ago
Australia Trade Data On Tap For Thursday

(RTTNews) - Australia will on Thursday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In March, imports were down 2.2 percent on month and exports rose 7.6 percent for a trade surplus of A$6.90 billion.

South Korea will provide April numbers for current account; in March, the current account surplus was $9.14 billion.

Singapore will see April numbers for retail sales; in March, sales were down 2.8 percent on month and up 1.1 percent on year.

Taiwan will release May figures for consumer prices; in April, overall inflation was up 0.27 percent on month and 2.03 percent on year.

China will see May results for the services PMI from Caixin; in April, the index score was 50.7.

Thailand will provide May numbers for consumer prices; in April, overall inflation was down 0.22 percent on year, while core CPI climbed an annual 0.98 percent.

read more
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Wednesday, despite struggling for support mid way through the day's trading session. Investors largely made their moves, reacting to the most recent earnings updates.
RTTNews | 3h 28min ago
European Stocks Close Mostly Higher

European Stocks Close Mostly Higher

European stocks closed mostly higher on Wednesday on rising optimism about a rate cut by the Federal Reserve in September, and easing trade and geopolitical tensions. Gains were somewhat modest in several markets and traders chose to stay cautious at higher levels, choosing to wait for more economic data, and news from the tariff front.
RTTNews | 3h 46min ago
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian stocks may open higher on Wednesday, amid continued optimism about Fed interest rate cut, and easing geopolitical tensions ahead of talks between U.S. President Donald Trump and Russian President Vladimir Putin that is scheduled to take place on Friday.
RTTNews | 8h 30min ago
U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
RTTNews | 8h 55min ago
CAC 40 Up Nearly 0.5%; Essilor Rises Sharply

CAC 40 Up Nearly 0.5%; Essilor Rises Sharply

French stocks are gaining some ground in positive territory on Wednesday, extending previous session's rise, amid continued optimism the Fed will reduce interest rate next month, and on slightly easing concerns about tariff after the U.S. decided to extend its pause on higher tariffs against China till November 10.
RTTNews | 10h 7min ago
DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

The German market is up firmly in positive territory on Wednesday, with stocks from several sectors posting solid gains, amid expectations of a rate cut by the Federal Reserve next month, and on hopes that the impact of tariffs on growth will be less severe than feared earlier. Investors are also digesting the nation's inflation data.
RTTNews | 10h 32min ago