Taiwan Trade Data Due On Tuesday

RTTNews | 13j 43min yang lalu
Taiwan Trade Data Due On Tuesday

(RTTNews) - Taiwan will on Tuesday release August figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.

Imports are expected to jump 25.75 percent on year, up from 20.8 percent in July. Exports are called higher by an annual 22.3 percent, down from 42.0 percent in the previous month. The trade surplus is seen at $12.80 billion, down from $14.34 billion a month earlier.

Australia will see August results for the indexes of business confidence and conditions from National Australia Bank, as well as the consumer sentiment index for September from Westpac Bank. In July, the business confidence index had a score of +7 and conditions were at +5. In August, the consumer sentiment index was up 5.7 percent.

New Zealand will provide Q2 data for manufacturing sales volume; in the previous quarter, sales were up 2.4 percent on quarter.

Japan will release August figures for M2 money stock, with forecasts suggesting an increase of 1.1 percent on year - up from 1.0 percent in July.

read more
U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday, as traders remain optimistic about the outlook for interest rates following last week's weaker-than-expected US jobs data. They also remain cautious ahead of key U.S. inflation readings due later in the week that could influence the US Fed's rate trajectory.
RTTNews | 1j 10min yang lalu
CAC 40 Modestly Higher; Renault, Dassault Systemes Among Top Gainers

CAC 40 Modestly Higher; Renault, Dassault Systemes Among Top Gainers

The French market is modestly higher on Tuesday with investors somewhat shrugging off data showing a drop in the nation's industrial production in July. Concerns on the political front appear to be weighing on sentiment and limiting market's upside.
RTTNews | 1j 19min yang lalu
Sensex, Nifty End Higher Led By IT Stocks

Sensex, Nifty End Higher Led By IT Stocks

Indian shares ended modestly higher on Tuesday, tracking mostly positive cues from global markets as weakening labor market data and pressure from the Trump administration bolstered the case for a jumbo rate cut at the U.S. Federal Reserve's upcoming FOMC meeting on September 16-17.
RTTNews | 1j 24min yang lalu
DAX Drifts Lower In Cautious Trade

DAX Drifts Lower In Cautious Trade

After a weak start and a subsequent recovery that resulted in a brief spell in positive territory, the German market slipped Tuesday morning, with investors largely staying cautious while looking ahead to the European Central Bank's monetary policy meeting, and some crucial economic data from the U.S. this week.
RTTNews | 1j 56min yang lalu
Australia Business Conditions Improve; Confidence Falls

Australia Business Conditions Improve; Confidence Falls

Australia's business conditions improved in August but confidence weakened after four consecutive increases, survey results from NAB showed Tuesday. The business conditions gained two points to 7 in August and remained around its long-run average. The improvement in August reflected gains in employment and profitability, while trading conditions stayed unchanged compared to the prior month.
RTTNews | 2j 4min yang lalu
Asian Shares Mixed Before Key US Inflation Data

Asian Shares Mixed Before Key US Inflation Data

Asian stocks turned in a mixed performance on Tuesday amid global political turmoil and ahead of key U.S. inflation readings due this week that could influence the Federal Reserve's rate trajectory.
RTTNews | 3j 8min yang lalu