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Australia Producer Price Data Due On Friday
(RTTNews) - Australia will on Friday release Q4 figures for producer prices, setting the pace for a light day in Asia-Pacific economic activity. In the previous three months, producer prices rose 1.9 percent on quarter and 6.4 percent on year.
Australia also will see Q4 data for import and export prices; in the three months prior, import prices were up 3.0 percent on quarter and export prices fell 3.6 percent.
Japan will see January data for Tokyo inflation; in December, both overall inflation and core CPI were up 4.0 percent on year.
Finally, the markets in Taiwan and China remain closed for the Lunar New Year holiday they return to action on Monday.
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Europe Car Registrations Rise For Second Month
Europe's new car registrations increased for the second straight month in August, the European Automobile Manufacturers' Association, or ACEA, said on Thursday. New car sales registered an annual increase of 5.3 percent in August compared to a 7.4 percent rise in July. This was the second straight month of growth.
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1h 22min ago
European Economic News Preview: Swiss Monetary Policy Decision Due
The monetary policy announcement from the Swiss National Bank and consumer sentiment survey results from Germany and France are the top economic news due on Thursday. At 2.00 am ET, the market research group GfK publishes Germany's consumer sentiment survey results. The forward-looking confidence index is forecast rise to -23.3 in October from -23.6 in September.
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2h 3min ago
European Shares Seen Opening On Cautious Note
European stocks are seen opening broadly lower on Thursday as investors fret about stretched valuations and ponder the outlook for interest rates and economic growth.
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2h 21min ago
Sensex, Nifty Marginally Lower In Lackluster Trade
Indian shares were slightly lower in lackluster trade on Thursday amid mixed signals on U.S.-India trade talks and uncertainty about the outlook for U.S. interest rates.
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3h 11min ago
Australian Market Swings To Gains In Mid-market
The Australian market is swinging to gains in mid-market moves on Thursday after alternating across the unchanged line, recouping some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,750 level, with gains in energy stocks and a mixed performance across most other sectors.
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4h 28min ago
Asian Markets Track Wall Street Lower
Asian markets are mostly lower in on Thursday, following the negative cues from Wall Street overnight, as traders remain cautious amid lingering uncertainty about the outlook for interest rates as they fretted about sticky US inflation and a slowing US job market. They also reacted to mixed messages from the US Fed officials on interest rates, with Fed Chair Jerome Powell striking a cautious tone.
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4h 51min ago
Sensex, Nifty Set For Weak Open
Indian shares look set to open on a sluggish note Thursday, tracking mostly weak cues from global markets and amid mixed signals on U.S.-India trade talks.
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5h 19min ago
Lower Open Called For Thai Stock Market
The Thai stock market on Wednesday snapped the five-day losing streak in which it had dropped more than 35 points or 2.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,280-point plateau although it may open in the red again on Thursday.
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5h 52min ago
