Japan Inflation Data Due On Tuesday

RTTNews | Pred 545 dňami
Japan Inflation Data Due On Tuesday

(RTTNews) - Japan will on Tuesday release January figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In December, overall inflation was down 0.1 percent on month and up 2.6 percent on year, while core CPI rose an annual 2.3 percent.

Taiwan will provide January results for export orders and Q4 data for current account. Export orders are expected to sink 3.6 percent on year after tumbling 16.0 percent in December. The current account surplus in Q3 was $27.22 billion.

Hong Kong will see January numbers for imports, exports and trade balance. In December, import were up 11.6 percent on year and exports rose 11.0 percent for a trade deficit of HKD59.9 billion.

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Antipodean Currencies Traded Higher Amid Risk-on Mood

Antipodean Currencies Traded Higher Amid Risk-on Mood

The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.
RTTNews | Pred 27 minútami
Asian Shares Rise As Powell Signals Rate Cuts

Asian Shares Rise As Powell Signals Rate Cuts

Asian stocks rose broadly on Monday as Federal Reserve Chair Jerome Powell's dovish signals at the Jackson Hole symposium opened the door to an interest rate cut next month.
RTTNews | Pred 1 h 47 min
Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews | Pred 6 h 55 min