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Australia Building Approval Data Due On Monday
(RTTNews) - Australia will on Monday see September figures for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 12.0 percent on month after slipping 6.0 percent in August.
Japan will release preliminary September figures for its leading and coincident indexes; in August, the leading index was up 1/3 percent on month and the coincident fell 1.3 percent.
Malaysia will see September data for unemployment; in August, the jobless rate was 3.0 percent.
Indonesia will see October results for its consumer confidence index; in September, the index score was 115.9.
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Sensex, Nifty Surge On Trade Deal Hopes; IT Stocks Lead Gains
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Yen Falls After Japan PM Takaichi Comments
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Japan's Prime Minister Sanae Takaichi signals a looser fiscal target and calls for caution in the Bank of Japan (BoJ) rate hike.
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European Shares Climb On Hopes Of US Shutdown Ending
European stocks hit a new record peak on Wednesday as an effort to end the longest-ever U.S. government shutdown headed to a final vote in the House of Representatives.
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Asian Shares Mixed As Tech Stocks Drag
Asian stocks ended mixed on Wednesday as concerns persisted about a potential Artificial Intelligence (AI)-driven market bubble and new data added to signs of a weakening U.S. labor market.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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European Shares Seen Mostly Higher At Open
European stocks are seen opening broadly higher on Wednesday as traders hope for the end of the longest government shutdown in U.S. history.
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European Economic News Preview: Germany Final Inflation Data Due
Final inflation from Germany and industrial production from Italy are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's final inflation data for October. The flash estimate showed that consumer price inflation is forecast to ease to 2.3 percent from 2.4 percent in September.
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Sensex, Nifty Extend Gains As IT Stocks Surge
Indian shares opened on a buoyant note Wednesday, with IT stocks surging amid positive global cues and on growing optimism over a potential trade deal with the United States.
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