Advertisement
Malaysia Rate Decision Due On Wednesday
(RTTNews) - The central bank in Malaysia will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The bank is widely expected to keep its benchmark lending rate unchanged at 3.00 percent.
Malaysia also will see December figures for consumer prices; in November, inflation was down 0.1 percent on month and up 1.8 percent on year.
Taiwan will release December data for unemployment; in November, the jobless rate was 3.41 percent.
New Zealand will provide Q4 numbers for consumer prices, with forecasts suggesting an increase of 0.5 percent on quarter and 2.1 percent on year - easing from 0.6 percent on quarter and 2.2 percent on year in Q3.
read more
CAC 40 Modestly Higher On Fed Rate Cut Hopes, Easing Political Concerns
After opening modestly higher and moving up further, France's CAC 40 gave up some gains subsequently Wednesday morning, but remains in positive territory.
The undertone is fairly steady following the appointment of Sébastien Lecornu as France's new Prime Minister.
RTTNews
|
Pred 29 minútami
Asian Markets Close Higher
Asian markets finished trading on a positive note, tracking the Wall Street rally on Tuesday.
RTTNews
|
Pred 37 minútami
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
Pred 48 minútami
DAX Slips After Positive Start
After opening on a positive note amid continued optimism about an interest rate cut by the Federal Reserve, the German market pared its gains and slipped into negative territory on Wednesday, with the mood turning cautious as investors await the crucial U.S. inflation data due later in the week, and the European Central Bank's monetary policy announcement on Thursday.
RTTNews
|
Pred 59 minútami
Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Wednesday, amid growing optimism about the outlook for interest rates after sharp downward revisions in U.S. jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
RTTNews
|
Pred 1 h 54 min
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.
RTTNews
|
Pred 2 h 27 min
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
Pred 2 h 31 min
China Falls Back Into Deflation; PPI Continues To Decline
China's consumer prices declined more than expected in August on weaker demand and producer prices continued to fall, strengthening calls for more actions to bolster domestic consumption amid slowing exports growth. The consumer price index dropped 0.4 percent from a year ago after remaining flat in July, the National Bureau of Statistics reported Wednesday. Prices were expected to fall 0.2 perc
RTTNews
|
Pred 2 h 46 min
