China Trade Data On Tap For Friday

RTTNews | 518 दिनों पहले
China Trade Data On Tap For Friday

(RTTNews) - China will on Friday release March data for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In February, imports were up 3.5 percent on year and exports rose an annual 7.1 percent for a trade surplus of $125.16 billion.

The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates; the central bank is widely expected to keep its benchmark lending rate unchanged at 3.50 percent.

Singapore will provide preliminary Q1 numbers for gross domestic product; in the three months prior, GDP was up 1.2 percent on quarter and 2.2 percent on year.

New Zealand will release March data for electronic card retail sales; in February, sales were down 1.8 percent on month and up 2.5 percent on year.

Japan will see final February figures for industrial production, with forecasts suggesting a 0.1 percent decline on month following the 6.7 percent drop in the previous month.

read more
Russia Central Bank Cuts Rate By 100 Bps

Russia Central Bank Cuts Rate By 100 Bps

Russia's central bank slashed its benchmark interest rate for the third time this year as higher lending rates weigh on business activity and damp economic recovery. The Board of Directors of Bank of Russia, governed by Elvira Nabiullina, decided to cut the key interest rate by 100 basis points to 17.00 percent from 18.00 percent.
RTTNews | 16 मिनटों पहले
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Friday.
RTTNews | 36 मिनटों पहले
FTSE 100 Modestly Higher As Miners Rise

FTSE 100 Modestly Higher As Miners Rise

The UK market is up in positive territory a little past noon on Friday, supported by solid gains in the mining sector thanks to higher metal prices. Investors are also digesting the data showing the UK economy stagnated in July as expansions in services and construction sectors were offset by the decline in industrial production.
RTTNews | 1घंटे 17 मिनट पहले
CAC 40 Down Nearly 0.5%

CAC 40 Down Nearly 0.5%

French stocks are exhibiting weakness on Friday with investors largely cautious ahead of Fitch Ratings' review of France's sovereign credit rating. Expectations of a rate cut by the Federal Reserve next week appear to be limiting market's downside.
RTTNews | 1घंटे 35 मिनट पहले
DAX Modestly Lower In Cautious Trade; Auto Stocks Among Major Losers

DAX Modestly Lower In Cautious Trade; Auto Stocks Among Major Losers

German stocks are down in negative territory on Friday in cautious trade amid concerns about a possible downgrade of France's sovereign rating. Optimism about an interest rate cut by the Federal Reserve next week helps limit market's downside.
RTTNews | 1घंटे 51 मिनट पहले
Sensex, Nifty End Higher On Trade Deal Hopes

Sensex, Nifty End Higher On Trade Deal Hopes

Indian shares rose on Friday as rising jobless claims coupled with in-line U.S. consumer price inflation data spurred expectations for more Federal Reserve rate cuts.
RTTNews | 2घंटे 7 मिनट पहले
Asian Shares Follow Wall Street Higher Amid Fed Cut Bets

Asian Shares Follow Wall Street Higher Amid Fed Cut Bets

Asian stocks followed Wall Street higher on Friday as rising jobless claims coupled with in-line U.S. consumer price inflation data spurred expectations for more Federal Reserve rate cuts.
RTTNews | 3घंटे 51 मिनट पहले