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South Korea Rate Decision On Tap For Thursday
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to hike its benchmark lending rate by 25 basis points, from 2.25 percent to 2.50 percent.
New Zealand will provide Q2 numbers for retail sales; in the three months prior, retail sales were down 0.5 percent on quarter and up 2.3 percent on year.
Hong Kong will release July figures for imports, exports and trade balance. In June, imports were up 0.5 percent on year and exports slipped an annual 6.4 percent for a trade deficit of HKD68.5 billion.
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European Shares Inch Higher In Cautious Trade
European stocks were modestly higher on Friday as investors braced for the key U.S. jobs reading due later in the day and French Prime Minister Francois Bayrou's confidence vote on Monday.
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hace 25 minutos
Asian Shares Modestly Higher Before Pivotal US Jobs Report
Asian stocks eked out modest gains on Friday as weak U.S. labor market data reinforced expectations of a Federal Reserve rate cut later this month and U.S. President Donald Trump signed an executive order officially putting into action the U.S.-Japan trade agreement.
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hace 1h 1min
European Shares Set For Steady Open Before US Jobs Report
European stocks may open slightly higher on Friday as investors await the all-important monthly U.S. jobs report later in the day for direction.
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hace 4h 1min
Sensex, Nifty Open Higher On Fed Rate Cut Hopes
Indian shares were modestly higher on Friday as weak U.S. labor market data fueled fresh hopes for a Federal Reserve rate cut this month.
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hace 5h 12min
Australian Market Trims Early Gains In Mid-market
The benchmark S&P/ASX 200 Index is gaining 30.30 points or 0.34 percent to 8,856.80, after touching a high of 8,880.70 earlier. The broader All Ordinaries Index is up 35.00 points or 0.39 percent to 9,126.40. Australian stocks closed significantly higher on Thursday.
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hace 6h 23min
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
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hace 6h 40min
Sensex, Nifty Seen Higher At Open On Firm Global Cues
Indian shares are likely to open higher on Friday, tracking firm cues from global markets and falling oil prices on oversupply concerns ahead of an OPEC+ meeting this weekend.
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hace 7h 9min
Japanese Market Significantly Higher
Extending the gains in the previous session, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 42,900 level, with gains across most sectors led by index heavyweights, automakers and technology stocks.
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hace 8h 1min
