Japan GDP Data Due On Friday

RTTNews | Pred 11 dňami
Japan GDP Data Due On Friday

(RTTNews) - Japan will on Friday release preliminary Q2 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.1 percent on quarter and 0.4 percent on year following the flat quarterly reading and the 0.2 percent contraction in the three months prior. Capex is seen higher by 0.5 percent on quarter, easing from 1.1 percent in Q1.

South Korea will provide July figures for imports, exports and trade balance. In June, imports were up 0.7 percent on year and exports rose 5.9 percent on year for a trade surplus of $6.61 billion.

New Zealand will see July results for the manufacturing PMI from BusinessNZ; in June, the index score was 48.8.

China will release July numbers for industrial production, retail sales, fixed asset investment and unemployment. Industrial production is expected to add 6.0 percent on year, down from 6.8 percent in June. Sales are seen higher by an annual 4.6 percent, easing from 4.8 percent in the previous month. FAI is tipped to ease to an annual 2.7 percent from 2.8 percent and the jobless rate is expected to tick up to 5.1 percent from 5.0 percent a month earlier.

Malaysia will provide Q2 data for GDP and current account. In the previous three months, GDP was up 4.4 percent on year and the current account showed a surplus of MYR16.70 billion.

Taiwan will release Q2 numbers for gross domestic product; in the previous quarter, GDP was up 7.96 percent on year.

Hong Kong will see Q2 figures for gross domestic product; in the first quarter, GDP was up 0.4 percent on quarter and 3.1 percent on year.

Finally, the markets in South Korea are closed on Friday for Liberation Day and will re-open on Monday.

read more
TSX Modestly Higher As Financials, Mining Stocks Move Up

TSX Modestly Higher As Financials, Mining Stocks Move Up

Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.
RTTNews | Pred 2 h 19 min
Swiss Market Settles Weak

Swiss Market Settles Weak

After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.
RTTNews | Pred 2 h 37 min
U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.
RTTNews | Pred 6 h 29 min
U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.
RTTNews | Pred 6 h 40 min
Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.
RTTNews | Pred 7 h 59 min
U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.
RTTNews | Pred 8 h 4 min
FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.
RTTNews | Pred 8 h 27 min