Japan Rate Decision On Tap For Friday

RTTNews | Pred 507 dňami
Japan Rate Decision On Tap For 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 modest day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate steady at 0.1 percent.

Japan also will see April data for Tokyo inflation. Overall inflation is expected to hold steady at an annual 2.6 percent, while core CPI is tipped to rise 2.2 percent on year - easing from 2.4 percent a month earlier.

Australia will see Q1 numbers for import, export and producer prices. In the previous three months, import prices rose 1.1 percent on quarter and export prices jumped 5.6 percent on quarter. Producer prices were up 0.9 percent on quarter and 4.1 percent on year.

Singapore will release March figures for industrial production in February, with forecasts suggesting a decline of 8.8 percent on month and 1.5 percent on year. That follows the 14.2 percent monthly surge and the 3.8 percent annual gain in February.

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Sensex, Nifty Snap Winning Streak, Settle On Weak Note

Sensex, Nifty Snap Winning Streak, Settle On Weak Note

The major Indian stock indices Sensex and the Nifty ended on a weak note on Monday as investors chose to take some profits ahead of the Federal Reserve's monetary policy announcement due later this week.
RTTNews | Pred 19 minútami
DAX Modestly Higher In Cautious Trade

DAX Modestly Higher In Cautious Trade

The German stock market is up in positive territory on Monday with investors making some selective purchases ahead of key central bank policy meetings later this week. The Federal Reserve, the Bank of England and the Bank of Japan are scheduled to make their monetary policy announcements this week.
RTTNews | Pred 57 minútami
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Monday.
RTTNews | Pred 1 h 26 min
China Industrial Output, Retail Sales Miss Expectations

China Industrial Output, Retail Sales Miss Expectations

China's industrial production and retail sales grew at weaker than expected rates in August and fixed asset investment logged only a meagre growth, strengthening the call for both monetary and fiscal stimulus. Industrial output expanded 5.2 percent on a yearly basis in August, weaker than the 5.7 percent increase in July, the National Bureau of Statistics reported Monday.
RTTNews | Pred 1 h 51 min
European Economic News Preview: Eurozone Foreign Trade Data Due

European Economic News Preview: Eurozone Foreign Trade Data Due

Foreign trade from Eurozone and wholesale prices from Germany are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for August. Economists forecast prices to rise 0.2 percent month-on-month, reversing a 0.1 percent fall in July.
RTTNews | Pred 5 h 24 min
Australian Market Slashes Early Losses In Mid-market

Australian Market Slashes Early Losses In Mid-market

The Australian stock market is slashing its early losses in mid-market trading on Monday, giving up some of the gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,850.00 level, with weakness in mining stocks and a mixed performance across other sectors.
RTTNews | Pred 7 h 31 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, as traders remain cautious ahead of the anticipated interest rate cut after recent US data signaled softer labor conditions and muted inflation. The escalating geopolitical concerns in the Middle East are also weighing on market sentiment. Asian markets closed mostly higher on Friday.
RTTNews | Pred 7 h 43 min
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in six straight sessions, adding more than 40 points or 3.3 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,295-point plateau although it may be stuck in neutral on Monday.
RTTNews | Pred 9 h 18 min