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South Korea Trade Data Due On Tuesday
(RTTNews) - South Korea will on Tuesday see June results for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In May, imports were down 11.7 percent on year and exports fell n annual 6.0 percent for a trade surplus of $1.13 billion.
Japan will see June results for its tertiary industry index, with forecasts suggesting an increase of 0.4 percent on month - slowing from 1.2 percent in the previous month.
Hong Kong will provide June numbers for unemployment; the jobless rate is expected to creep up to 3.1 percent from 3.0 percent in May.
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European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment
European stocks were mostly higher on Thursday as Nvidia's positive results helped ease AI slowdown fears. U.K. markets underperformed as banks and utilities declined.
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17 minutes ago
Asian Shares Rise As Nvidia Beats Expectations
Asian stocks ended mostly higher on Thursday as Nvidia's strong results quelled worries over weakening AI demand.
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42 minutes ago
U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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46 minutes ago
Europe Car Sales Rebound In July
Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
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1h 50min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
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2h 12min ago
European Shares Seen Higher At Open
European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
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3h 41min ago
Sensex Nifty Decline On Tariff Worries
Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
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4h 34min ago
European Economic News Preview: Eurozone Economic Sentiment Data Due
Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
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4h 35min ago
