Australia Interest Rate Decision Due On Tuesday

RTTNews | Pred 501 dňami
Australia Interest Rate Decision Due On Tuesday

(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at 4.35 percent.

Australia also will see March figures for retail sales, with forecasts suggesting a decline of 0.2 percent on month following the 0.3 percent increase in February.

Japan will see April results for its Services PMI from Jibun Bank, with forecasts suggesting a score of 54.6 - up from 54.1 in March.

Thailand will provide April numbers for consumer prices; in March, overall inflation was down 0.47 percent on year, while core CPI rose an annual 0.37 percent.

Taiwan will release April results for consumer prices; in March, overall inflation was up 0.26 percent on month and 2.14 percent on year.

read more
Swiss Market Ends Higher For 2nd Straight Session

Swiss Market Ends Higher For 2nd Straight Session

The Switzerland market opened on a slightly weak note on Friday, but recovered swiftly and then kept edging higher to eventually end the day's session on a firm note.
RTTNews | Pred 13 h 36 min
Major European Markets Close Slightly Weak

Major European Markets Close Slightly Weak

The major European markets closed slightly down on Friday as investors assessed recent moves of the central banks and weighed the potential impact of tariffs. A bit of profit taking also contributed to the market's weak close.
RTTNews | Pred 14 h 0 min
TSX Marches On, Hits Fresh Record High; Materials Stocks Rally

TSX Marches On, Hits Fresh Record High; Materials Stocks Rally

The Canadian market is up firmly in positive territory a little past noon on Friday, extending recent gains, thanks largely to strong buying in the materials sector. Energy stocks are struggling for support due to weak oil prices. The mood remains fairly bullish amid expectations the Bank of Canada and the Federal Reserve will announce further easing this year to boost growth.
RTTNews | Pred 15 h 6 min
Bank Of Japan Holds Rate Steady; Plans To Lower ETF Holdings

Bank Of Japan Holds Rate Steady; Plans To Lower ETF Holdings

The Japanese central bank left its key interest rate unchanged on Friday, as expected, but surprised markets with a decision to reduce the holdings of its massive stock of exchange-traded funds, suggesting that the monetary policy normalization is underway. The Bank of Japan policy board, led by Governor Kazuo Ueda, voted 7-2 to hold the uncollateralized overnight call rate at around 0.5 percen
RTTNews | Pred 18 h 1 min
Bay Street Likely To Open On Subdued Note

Bay Street Likely To Open On Subdued Note

Canadian shares may open on a somewhat subdued note on Friday with investors reacting to retail sales data, and looking to take some profits following recent gains.
RTTNews | Pred 18 h 46 min
Pound Slides As UK Bond Yield Soars

Pound Slides As UK Bond Yield Soars

The British pound weakened against other major currencies in the European session on Friday, as long-dated UK bond yields rise sharply in response to increasing public sector borrowings in August.
RTTNews | Pred 20 h 30 min