New Zealand Electronic Card Sales Data Due On Wednesday

RTTNews | 729 hari yang lalu
Stocktwits
New Zealand Electronic Card Sales Data Due On Wednesday

(RTTNews) - New Zealand will on Wednesday release July figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. Sales are expected to be flat on month and climb 9.8 percent on year after gaining 1.0 percent on month and 4.2 percent on year in June.

Japan will see July numbers for money stock, with M2 expected to rise 2.5 percent on year, easing from 2.6 percent in June.

South Korea will provide July data for unemployment; the jobless rate is expected to ease to 2.5 percent from 2.6 percent in June.

Taiwan will release July numbers for consumer prices, with forecasts suggesting an increase of 1.9 percent on year, up from 1.75 percent in June.

China will see July figures for consumer and producer prices. Consumer prices are tipped to rise 0.1 percent on month and fall 0.4 percent on year after easing 0.2 percent on month and being flat on year in June. Producer prices are expected to decline an annual 4.1 percent after shedding 5.4 percent in the previous month.

Finally, the markets in Singapore are closed on Wednesday for the National Day holiday and will re-open on Thursday.

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Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

Save for a few minutes about an hour after the opening bell, the Switzerland market stayed weak on Wednesday with several stocks reeling under selling pressure. Investors were cautious amid concerns about the impact of U.S. tariffs, and Donald Trump's fresh threat that his government might consider imposing tariffs on chips and pharmaceuticals.
RTTNews | 3j 40min yang lalu
Canadian Stocks Surge Higher Again; TSX Scales New Record High

Canadian Stocks Surge Higher Again; TSX Scales New Record High

Canadian stocks are up firmly in positive territory on Wednesday, and the benchmark S&P/TSX Composite Index stays high up after hitting a fresh record. Rising optimism about a rate cut by the Federal Reserve in September, firm oil prices and some upbeat corporate earnings announcements are contributing to the positive mood in the market.
RTTNews | 5j 0min yang lalu
India Holds Key Interest Rates Steady As Trade Tensions Escalate

India Holds Key Interest Rates Steady As Trade Tensions Escalate

The Reserve Bank of India left its key interest rates unchanged on Wednesday after an aggressive cut in June as the economy faces another threat from the US due to its Russian oil imports. The RBI Monetary Policy Committee, led by Governor Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.50 percent. The bank had reduced the rate by 50 basis points in June.
RTTNews | 7j 32min yang lalu
Bay Street Looks Set To Extend Upmove

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.
RTTNews | 9j 1min yang lalu
Eurozone Retail Sales Recover In June

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.
RTTNews | 9j 10min yang lalu
Euro Rises As European Shares Traded Higher

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.
RTTNews | 9j 43min yang lalu
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