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South Korea Industrial Production On Tap For Thursday

RTTNews | 860 days ago

South Korea Industrial Production On Tap For Thursday

(RTTNews) - South Korea will on Thursday release January figures for industrial production and retail sales, highlighting a modest day for Asia-Pacific economic activity.

Industrial production is expected to slip 0.4 percent on month and 8.9 percent on year after shedding 2.9 percent on month and 7.3 percent on year in December. Retail sales were up 1.4 percent on month in December.

Japan will see Q4 numbers for capital spending and February figures for monetary base and household confidence. Capex is expected to rise 6.9 percent on year, slowing from 9.8 percent in the previous three months. The monetary base is called lower by an annual 3.2 percent after sinking 3.8 percent in January. The household confidence index is tipped to see a score of 32.0, up from 31.0 a month earlier.

Hong Kong will provide January data for retail sales; in December, sales were up 1.1 percent on year.

Australia will release January figures for building approvals, with forecasts suggesting a decline of 9.0 percent on month after surging 18.5 percent in December.

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Renewed Selling Pressure Likely For Japan Shares

Renewed Selling Pressure Likely For Japan Shares

The Japanese stock market bounced higher again on Tuesday, one day after ending the two-day winning streak in which it had added just 50 points or 0.2 percent. The Nikkei 225 now sits just beneath the 39,690-point plateau although it's likely to head south again on Wednesday.

RTTNews | 10 minutes ago

KOSPI May Run Out Of Steam On Wednesday

KOSPI May Run Out Of Steam On Wednesday

The South Korea stock market has finished higher in back-to-back sessions, collecting more than 60 points or 1.9 percent along the way. The KOSPI now sits just beneath the 3,115-point plateau although investors may lock in gains on Wednesday.

RTTNews | 25 minutes ago

New Zealand Interest Rate Decision Due On Wednesday

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The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to hold its Official Cash Rate steady at 3.25 percent.

RTTNews | 1h 25min ago

U.S. Dollar Higher As Trump Delays Tariff Deadline

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The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as President Donald Trump announced a delay in implementation of tariffs to August 1.

RTTNews | 2h 4min ago

American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey

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U.S. households' inflation expectations were largely unchanged in June and they were more optimistic regarding their financial situation and access to credit in the year-ahead, results of a survey by the Federal Reserve Bank of New York showed on Tuesday.

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Swiss Market Settles Marginally Up

Swiss Market Settles Marginally Up

Despite spending much of the day's trading session in negative territory, the Switzerland market closed marginally higher on Tuesday thanks to some brisk buying in the final minutes.

RTTNews | 4h 25min ago

European Markets Close On Positive Note

European Markets Close On Positive Note

European markets closed on a positive note on Tuesday, as investors shrugged off concerns about tariffs and picked up stocks, amid hopes major European countries will strike trade deals with the U.S. before the newly announced August 1 deadline.

RTTNews | 4h 47min ago

Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns

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Data showing an unexpectedly strong payrolls addition curtailed the dollar's losses in a week marked by anxiety about the U.S. fiscal outlook.

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