Japan Interest Rate Decision Due On Friday

RTTNews | Pred 837 dňami
Japan Interest Rate Decision Due On Friday

(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at -0.10 percent.

Japan also will see July numbers for Tokyo-area inflation; in June, overall Tokyo inflation was up 3.1 percent on year and core CPI rose an annual 3.2 percent.

Australia will provide June figures for retail sales and Q2 data for producer prices. Sales are expected to be flat on month after adding 0.7 percent in May. Producer prices are tipped to add 0.9 percent on quarter and 3.9 percent on year, easing from 1.0 percent on quarter and 5.2 percent on year in the three months prior.

South Korea will release June figures for industrial production and retail sales. Output is expected to slump 2.3 percent on month and 7.6 percent on year after adding 3.2 percent on month and falling 7.3 percent on year in May. Sales are called flat on month after adding 0.4 percent in May.

Singapore will see Q2 numbers for unemployment; in the three months prior, the jobless rate was 1.8 percent.

Taiwan will release preliminary Q2 results for gross domestic product in the previous three months, GDP was down 2.87 percent on year.

Finally, the markets in Thailand are closed on Friday for King Maha's birthday; they will re-open on Monday.

read more
Bay Street May Open Higher Again

Bay Street May Open Higher Again

Canadian stocks may open higher on Tuesday, riding on firm commodity prices. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history, is likely to aid sentiment.
RTTNews | Pred 2 h 13 min
UK Unemployment Rate Highest Since 2021

UK Unemployment Rate Highest Since 2021

The UK unemployment rate increased to the highest since early 2021 in the third quarter, raising chances of an interest rate cut, official data revealed on Tuesday. The ILO jobless rate rose to 5.0 percent in the third quarter from 4.8 percent in the three months to August, the Office for National Statistics said. The rate was above economists' forecast of 4.9 percent.
RTTNews | Pred 3 h 8 min
FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply

FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply

U.K.'s FTSE 100 index has moved up sharply on Tuesday, amid hopes of a rate cut by the Bank of England next month after data showed an increase in the nation's unemployment rate in the third quarter. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history is also aiding sentiment.
RTTNews | Pred 3 h 25 min
CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers

CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers

French stocks are up firmly in positive territory on Tuesday, extending gains from the previous session, following the passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history.
RTTNews | Pred 3 h 52 min
German Economic Confidence Weakens In November

German Economic Confidence Weakens In November

German economic confidence weakened moderately in November as investors became concerned about the ability of economic policies to address its key issues, a monthly survey conducted by the think tank ZEW showed Tuesday. The economic sentiment index fell unexpectedly to 38.5 in November from 39.3 in the previous month. The reading was forecast to rise to 41.0.
RTTNews | Pred 4 h 50 min
Senex, Nifty End Higher On Fed Rate Cut Hopes

Senex, Nifty End Higher On Fed Rate Cut Hopes

Indian shares eked out modest gains on Tuesday, with trade deal hopes and expectations of Federal Reserve interest-rate cuts helping underpin investor sentiment.
RTTNews | Pred 5 h 41 min