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South Korea Industrial Production Data Due On Thursday
(RTTNews) - South Korea will on Thursday release November numbers for industrial production, highlighting a modest day for Asia-Pacific economic activity.
Industrial production is expected to fall 0.8 percent on month and 4.0 percent on year after slipping 3.5 percent on month and 1.1 percent on year in October.
Hong Kong will provide November figures for imports, exports and trade balance. In October, imports were down 11.9 percent on month and exports fell 10.4 percent, resulting in a trade deficit of HKD20.9 billion.
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Czech Central Bank Holds Rate Steady At 3.5% On Rising Inflationary Risks
The Czech National Bank left its key interest unchanged for a third policy session in a row as policymakers assessed that inflation is set to remain elevated for the rest of the year, ruling out further easing.
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U.S. Mortgage Applications Growth Slows
U.S. mortgage applications grew at a modest pace in the week ended September 19 following a surge in the previous week, survey data from the Mortgage Bankers Association showed on Wednesday.
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U.S. New Home Sales Unexpectedly Skyrocket To Three-Year High In August
A report released by the Commerce Department on Wednesday showed new home sales in the U.S. unexpectedly skyrocketed to their highest level in well over three years in the month of August. The Commerce Department said new home sales soared by 20.5 percent to an annual rate of 800,000 in August after slumping by 1.8 percent to a revised rate of 664,000 in July.
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Bay Street Likely To Open Slightly Higher
Modestly higher futures point to a slightly positive start for the Canadian market on Wednesday. However, uncertainty about further interest rate cuts by the Fed this year, and worries about valuations may render the mood cautious and limit market's upside.
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4g 27 minut temu
U.S. Dollar Extends Rise Amid Fed Chair Powell Comments
The U.S. dollar continued to be strong against other major currencies in the European session on Wednesday, weighed down by Federal Reserve Chairman Jerome Powell's comments that equity prices are fairly highly valued by many measures.
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FTSE 100 Modestly Lower In Cautious Trade
U.K. stocks are turning in a mixed performance in cautious trade on Wednesday. Uncertainty about Fed interest rate outlook, and on comments from Fed Chair Jerome Powell's warning that equity valuations are stretched.
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CAC 40 Drifts Lower On Valuation Concerns, Rate Uncertainty
French stocks are showing some weakness on Wednesday amid apprehensions about the outlook for Fed rate cuts, and Fed Chair Jerome Powell's comments that equity valuations are high.
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Sensex, Nifty Extend Declines For Fourth Day
Indian shares ended lower for a fourth day running on Wednesday, with trade-related concerns, rising oil prices and continued selling by foreign investors keeping investors on edge.
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6g 19 minut temu
