Australia Retail Sales Data Due On Wednesday

RTTNews | 8h 7min ago
Stocktwits
Australia Retail Sales Data Due On Wednesday

(RTTNews) - Australia will on Wednesday release May figures for retail sales, highlighting a modest day for Asia-Pacific economic activity. Sales are expected to rise 0.3 percent on month after easing 0.1 percent in April.

Australia also will see May numbers for building approvals, with forecasts suggesting an increase of 5.0 percent on month following the 5.7 percent drop in the previous month.

Japan will see June figures for monetary base, with expectations for a fall of 3.5 percent on year following the 3.4 percent drop in May.

South Korea will release June data for consumer prices, with forecasts suggesting a flat monthly reading and a 2.1 percent yearly gain. That follows the 0.1 percent monthly contraction and the 1.9 percent yearly increase.

Hong Kong will see May numbers for retail sales; in April, sales slumped 2.3 percent on year.

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European Shares Seen Broadly Higher, Trump's Tariffs And Tax Bill In Focus

European Shares Seen Broadly Higher, Trump's Tariffs And Tax Bill In Focus

European stocks may open broadly higher on Wednesday as investors monitor progress on trade negotiations and assess the economic impact of U.S. President Donald Trump's massive tax-cut and spending bill, which may face additional hurdles in the House ahead of a July 4 deadline set by Trump.
RTTNews | 31 minutes ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Wednesday, reversing the slight losses in the previous session, with the benchmark S&P/ASX 200 well moving above the 8,550 level, following the mixed cues from Wall Street overnight, with gains in iron ore miners and energy stocks as well as a mixed performance in all other sectors.
RTTNews | 2h 30min ago
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders cautiously watch developments on the tariff front as the deadline of July 9 set by the US President Donald Trump nears. US Fed Chair Jerome Powell stated that the looming threat of a global trade war stopped the Fed from slashing interest rates. Asian markets closed mixed on Tuesday.
RTTNews | 2h 41min ago
Sensex, Nifty Seen Flat To Higher At Open

Sensex, Nifty Seen Flat To Higher At Open

Indian shares look set to open higher on Wednesday as reports suggest that the India-U.S. trade deal is in its final stages of negotiations.
RTTNews | 3h 33min ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Wednesday, extending the sharp losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 39,650 level, with weakness in technology and financial stocks as well as mixed performance in most other sectors.
RTTNews | 3h 50min ago
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in two straight sessions, collecting almost 30 points or 2.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,110-point plateau although it may run out of steam on Wednesday.
RTTNews | 4h 7min ago
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, reversing the slight losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,550 level, following the mixed cues from Wall Street overnight, with gains in iron ore miners and energy stocks as well as a mixed performance in all other sectors.
RTTNews | 4h 33min ago
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