Indonesia Rate Decision On Tap For Thursday

RTTNews | 642 hari yang lalu
Indonesia Rate Decision On Tap For Thursday

(RTTNews) - The central bank in Indonesia will on Thursday wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity.

The central bank is expected to keep its benchmark lending rate (6.00 percent), deposit facility rate (5.25 percent) and lending facility rate (6.75 percent) all unchanged.

Singapore will release October fata for consumer prices and industrial production. In September, overall inflation was up 0.5 percent on month and 4.1 percent on year, while core CPI rose an annual 3.00 percent. Industrial production was up 10.7 percent on month and down 2.1 percent on year.

Taiwan will provide October figures for industrial production; in September, production was down 6.72 percent on year.

Australia will see October results for the services and manufacturing PMIs from Judo Bank; in September, their scores were 47.9 and 48.2, respectively.

Finally, the markets in Japan will be closed on Thursday for Workers Day and will re-open on Friday.

read more
Canadian Market Down More Than 0.5% On Profit Taking

Canadian Market Down More Than 0.5% On Profit Taking

After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.
RTTNews | 47 minit yang lalu
U.S. New Home Sales Pull Back From Upwardly Revised Level In July

U.S. New Home Sales Pull Back From Upwardly Revised Level In July

New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
RTTNews | 2j 31min yang lalu
Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares may open on a weak note Monday morning, tracking lower metal prices and European stocks. However, energy stocks may find support on higher oil prices, and help limit market's downside.
RTTNews | 5j 12min yang lalu
Dollar Extends Losses Amidst Powell's Dovish Surprise

Dollar Extends Losses Amidst Powell's Dovish Surprise

A markedly dovish tone in Fed Chair Jerome Powell's speech at the Jackson Hole symposium on Friday weakened the Dollar, resulting in further losses for the currency during the week ended August 22.
RTTNews | 5j 58min yang lalu
German Ifo Business Confidence Strongest Since 2024

German Ifo Business Confidence Strongest Since 2024

German business sentiment hit the highest level in more than two years in August on expectations that the fiscal stimulus would help to kickstart the economic recovery. The business climate index rose to 89.0 in August from 88.6 in the previous month. This was the highest score since April 2024 and also came in above economists' forecast of 88.6. The German economy's recovery remains weak.
RTTNews | 6j 0min yang lalu
CAC 40 Down Nearly 0.6% In Cautious Trade

CAC 40 Down Nearly 0.6% In Cautious Trade

French stocks remain in negative territory on Monday, with investors mostly making cautious moves, looking for some more clarity on U.S. - EU trade deal, and awaiting crucial inflation data from the region.
RTTNews | 6j 35min yang lalu
DAX Modestly Lower As Investors Wait For Directional Clues

DAX Modestly Lower As Investors Wait For Directional Clues

The German market is languishing in negative territory after a weak start on Monday as investors remain a bit reluctant to pick up stocks, choosing to wait for crucial inflation data from several major countries in Europe.
RTTNews | 7j 8min yang lalu