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Malaysia Industrial Production Data Due On Monday
(RTTNews) - Malaysia will on Monday release January figures for industrial production, highlighting a light day for Asia-Pacific economic activity. Production is expected to rise 2.6 percent on year, slowing from 3.0 percent in December. Manufacturing production rose 6.9 percent in the previous month.
Japan will see Q1 results for its large manufacturing conditions BSI; in the previous three months, the BDI fell 3.6 percent.
The Philippines will provide January numbers for imports, exports and trade balance. In December, imports were worth $10.26 billion and exports were at $5.67 billion for a trade deficit of $5.67 billion.
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Bay Street Looks Set To Extend Upmove
Canadian shares look headed for a positive start on Wednesday, riding on some impressive corporate earnings updates, and higher oil prices. The focus will also be on the developments on the trade front.
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1h 5min ago
Eurozone Retail Sales Recover In June
Euro area retail sales rebounded in June suggesting that household spending likely supported economic growth in the second quarter, official data revealed on Wednesday. Retail sales grew 0.3 percent on a monthly basis in June, offsetting May's 0.3 percent decline, Eurostat said. However, this was marginally weaker than economists' forecast for a 0.4 percent increase.
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1h 14min ago
Euro Rises As European Shares Traded Higher
The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
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1h 47min ago
Disney Lifts FY25 EPS View After Q3 Profit Beats Market; ESPN In Deal With WWE, NFL
Media and entertainment major Walt Disney Co. (DIS) on Wednesday raised fiscal 2025 outlook for earnings.above the Street after reporting significantly higher profit in its third quarter, above market estimates. Meanwhile, revenues missed the market view, despite reporting a growth. Separately, Disney announced that its unit ESPN has signed a landmark rights agreement with WWE.
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2h 4min ago
Dynatrace Boosts FY26 Outlook - Update
While reporting financial results for the first quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) provided its adjusted earnings and revenue guidance for the second quarter and raised its outlook for the full-year 2026.
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2h 10min ago
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.
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2h 38min ago
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.
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3h 9min ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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3h 12min ago
