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Australia Inflation Gauge Data Due On Monday
(RTTNews) - Australia will on Monday see September data for the inflation gauge from the Melbourne Institute, highlighting a light day for Asia-Pacific economic activity. In August, inflation was seen lower by 0.3 percent on month.
Thailand is scheduled to release September figures for inflation; in August, overall inflation was down 0.79 percent on year and core CPI rose an annual 0.81 percent.
Hong Kong and Singapore will see September results for their respective private sector PMIs from S&P Global; in August, their scores were 50.7 and 48.8, respectively.
Finally, the markets in South Korea (Chuseok), Taiwan (Mid-Autumn Festival) and China (National Day) are off on Monday.
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Bay Street Likely To Open Higher Again
Canadian shares are likely to open on a positive note Wednesday morning, tracking the firm trend in European markets, and higher commodity prices.
The undertone is likely to remain firm amid expectations of an interest rate cut by the Federal Reserve at its upcoming monetary policy meeting.
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Pred 1 h 4 min
New York Manufacturing Index Unexpectedly Returns To Positive Territory
New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday.
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Pred 1 h 5 min
Eurozone Industrial Production Declines
Eurozone industrial production logged a monthly fall in August, reflecting the uncertainty surrounding the global trade environment. Industrial output dropped 1.2 percent month-on-month, in contrast to the 0.5 percent increase in July, Eurostat said Wednesday. However, the decline was less severe than the forecast of 1.6 percent.
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Pred 1 h 27 min
FTSE 100 Drifts Lower
The UK stock market is down in negative territory on Wednesday, unlike its peers Germany and France, which have moved higher thanks to a good show by stocks from the luxury sector after French major LVMH reported better-than-expected sales in the third quarter.
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Pred 1 h 41 min
CAC 40 Rises Over 2% As Luxury Stocks Sparkle
France's benchmark CAC 40 is up firmly in positive territory around early afternoon on Wednesday with luxury stocks turning in a fine performance after sector major LVMH's fairly strong sales in the third-quarter pointing to a recovery in global luxury demand.
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Pred 2 h 7 min
DAX Modestly Higher In Cautious Trade
After opening slightly higher and moving further up subsequently, the German market briefly fell into negative territory Wednesday morning before emerging above the flat line in cautious trade.
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Pred 3 h 2 min
Sensex, Nifty End Notably Higher On Firm Global Cues
Indian shares rose notably on Wednesday after Federal Reserve Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring.
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Pred 3 h 15 min
Euro Rises Amid Risk-on Mood
The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher with French markets outperforming their regional peers, after LVMH, the owner of Louis Vuitton and Christian Dior, unexpectedly returned to sales growth in the third quarter.
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Pred 3 h 37 min
