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Australia Wage Price Data Due On Wednesday
(RTTNews) - Australia will on Wednesday release Q3 numbers for wage prices, highlighting a light day for Asia-Pacific economic activity.
Wage prices are expected to rise 0.9 percent on quarter and 3.6 percent on year after gaining 0.8 percent on quarter and 4.1 percent on year in the three months prior.
Japan will see October figures for producer prices, with forecasts suggesting a flat monthly reading and an increase of 2.9 percent on year. That follows the flat monthly reading and the 2.8 percent yearly gain in September.
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TSX Continues To Climb New Highs As Rate Cut Hopes Rise
The Canadian market is up firmly in positive territory around noon on Thursday, led by strong gains in financials, real estate, consumer discretionary and industrials stocks.
Rising prospects of a rate cut by the Federal Reserve following data showing the annual growth of consumer prices in the U.S. came in line with estimates, and signs of weakness in the labor market, help undermine sentiment.
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24 минут назад
ECB's Lagarde Says Eurozone Remains In "A Good Place", Risks More Balanced
European Central Bank President Christine Lagarde tread carefully on Thursday as she attempted to paint a rosier view for the euro area economy without dismissing the impact of the lingering uncertainty linked to the trade tariffs, the political turmoil in France and a stronger euro.
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35 минут назад
U.S. Jobless Claims Unexpectedly Climb To Nearly Four-Year High
First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended September 6th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 263,000, an increase of 27,000 from the previous week's revised level of 236,000. Economists had expected jobless claims to edge down to 235,000.
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2ч 45мин назад
U.S. Consumer Prices Climb 0.4% In August, Slightly More Than Expected
Following yesterday's report showing an unexpected dip by producer prices, the Labor Department released a separate report on Thursday showing U.S. consumer prices rose by slightly more than expected in the month of August. The Labor Department said its consumer price index climbed by 0.4 percent in August after inching up by 0.2 percent in July.
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2ч 50мин назад
Turkish Central Bank Cuts Key Rates Sharply For Second Time
Turkey's central bank slashed its key interest rates for the second straight meeting on Thursday citing slowdown in the underlying trend of inflation. The Monetary Policy Committee of the Republic of Turkey decided to reduce the policy rate to 40.5 percent from 43.0 percent. Previously, the bank had reduced the rate by 300 basis points in July.
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3ч 3мин назад
U.S. Weekly Jobless Claims Unexpectedly Climb To 263,000
First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended September 6th, according to a report released by the Labor Department on Thursday.
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4ч 3мин назад
U.S. Consumer Prices Climb Slightly More Than Expected In August
Following yesterday's report showing an unexpected dip by producer prices, the Labor Department released a separate report on Thursday showing U.S. consumer prices rose by slightly more than expected in the month of August.
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4ч 6мин назад
Bay Street May Open With Positive Bias; US CPI Data In Focus
The Canadian market may open with a positive bias on Thursday, but weak commodity prices could weigh on energy and metal stocks. The focus is on U.S. consumer price inflation data for the month of August.
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4ч 15мин назад
