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New Zealand Unemployment Data Due On Wednesday
(RTTNews) - New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.
Australia will see July results for the manufacturing and construction indexes from the Australian Industry Group; in June, their scores were -29.3 and -14.9, respectively.
Taiwan will provide July numbers for consumer prices; in June, overall inflation was up 0.14 percent on month and 1.37 percent on year.
Thailand will release July data for consumer prices; in June, overall inflation was down 0.25 percent on year and core CPI rose an annual 1.06 percent.
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DAX Up Sharply As Investors React Positively To Earnings
German stocks are up sharply on Thursday, with investors shrugging tariff concerns and going on a buying spree across the board, focusing mostly on earnings. A report showing a growth in the nation's exports in the quarter ended June is aiding sentiment, somewhat outweighing the data showing a sharp drop in industrial output in the month fof June.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
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German Industrial Output Declines Most In 11 Months
Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday. Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.Production for May was revised down from the initially estimated 1.2 percent increase.
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Indian Rupee Rises To 3-day High Against U.S. Dollar
The Indian rupee strengthened against the U.S. dollar in the Asian session on Thursday, as the monetary policy outlook from the Reserve Bank of India (RBI) helped the Indian currency amid rising trade tensions with the United States (US).
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1घंटे 6 मिनट पहले
Sensex, Nifty End Marginally Higher After Early Losses
Indian shares reversed early losses to end on a flat note Thursday. A cautious undertone prevailed after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
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1घंटे 16 मिनट पहले
European Shares Mostly Higher Before BoE Rate Decision
European stocks were mostly higher on Thursday, with U.K. markets underperforming ahead of the Bank of England's interest-rate decision.
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2घंटे 19 मिनट पहले
Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
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Asian Shares End Mostly Higher As Trump's New Tariffs Go Into Effect
Asian stocks advanced on Thursday as U.S. President Donald Trump's sweeping new tariffs take effect against dozens of countries.
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2घंटे 56 मिनट पहले
