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Japan Data Due On Wednesday
(RTTNews) - Japan is scheduled to release January figures for current account, highlighting a light day for Asia-Pacific economic activity. The current account deficit is pegged at 818 million yen following the 33 million yen surplus in December.
Japan also will see January results for the leading index and February figures for bank lending. The leading index is expected to show a score of 96.9, down from 97.2 in December. Bank lending was up 3.1 percent on year in January.
Indonesia will see February results for its consumer confidence index; in January, the index score was 123.0.
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Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
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European Stocks Close Weak
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U.S. Pending Home Sales Fall More Than Expected In July
A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates
A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
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