Japan Data On Tap For Monday

RTTNews | 834 hari yang lalu
Japan Data On Tap For Monday

(RTTNews) - Japan is scheduled to release a raft of data on Monday, highlighting a busy day for Asia-Pacific economic activity. On tap are June figures for industrial production, retail sales, construction orders, housing starts and household confidence.

Industrial production is expected to rise 2.4 percent on month after slipping 2.2 percent in May. Retail sales are expected to rise 5.9 percent on year, up from 5.8 percent in the previous month.

Construction orders are expected to climb 7.6 percent on year after rising 4.2 percent a month earlier. Housing starts are tipped to ease an annual 0.2 percent after gaining 3.5 percent in May. The household confidence index is seen at 36.0, down from 36.2 a month prior.

Australia will provide June figures for private sector credit; in May, credit was up 0.4 percent on month.

New Zealand will see July results for the business confidence index from ANZ; in June, the score was -18.0.

China will release July results for its manufacturing, non-manufacturing and composite PMIs from the National Bureau of Statistics; in June, their scores were 49.0, 53.2 and 52.5, respectively.

Hong Kong will provide preliminary Q2 figures for gross domestic product, with forecasts suggesting an increase of 0.9 percent on quarter and a fall of 4.4 percent on year. That follows gains of 5.3 percent on quarter and 2.7 percent on year in the three months prior.

read more
Bay Street May Open Higher Again

Bay Street May Open Higher Again

Canadian stocks may open higher on Tuesday, riding on firm commodity prices. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history, is likely to aid sentiment.
RTTNews | 4j 59min yang lalu
UK Unemployment Rate Highest Since 2021

UK Unemployment Rate Highest Since 2021

The UK unemployment rate increased to the highest since early 2021 in the third quarter, raising chances of an interest rate cut, official data revealed on Tuesday. The ILO jobless rate rose to 5.0 percent in the third quarter from 4.8 percent in the three months to August, the Office for National Statistics said. The rate was above economists' forecast of 4.9 percent.
RTTNews | 5j 54min yang lalu
FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply

FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply

U.K.'s FTSE 100 index has moved up sharply on Tuesday, amid hopes of a rate cut by the Bank of England next month after data showed an increase in the nation's unemployment rate in the third quarter. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history is also aiding sentiment.
RTTNews | 6j 11min yang lalu
CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers

CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers

French stocks are up firmly in positive territory on Tuesday, extending gains from the previous session, following the passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history.
RTTNews | 6j 38min yang lalu
German Economic Confidence Weakens In November

German Economic Confidence Weakens In November

German economic confidence weakened moderately in November as investors became concerned about the ability of economic policies to address its key issues, a monthly survey conducted by the think tank ZEW showed Tuesday. The economic sentiment index fell unexpectedly to 38.5 in November from 39.3 in the previous month. The reading was forecast to rise to 41.0.
RTTNews | 7j 35min yang lalu
Senex, Nifty End Higher On Fed Rate Cut Hopes

Senex, Nifty End Higher On Fed Rate Cut Hopes

Indian shares eked out modest gains on Tuesday, with trade deal hopes and expectations of Federal Reserve interest-rate cuts helping underpin investor sentiment.
RTTNews | 8j 27min yang lalu