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New Zealand Interest Rate Decision Due On Wednesday
(RTTNews) - The Reserve Bank of New Zealand will on Wednesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBNZ is widely expected to keep its Official Cash Rate unchanged at 5.50 percent.
South Korea will see July data for imports, exports and trade balance. In June, imports were down 25.4 percent and exports sank 16.5 percent for a trade surplus of $1.63 billion.
Australia will see July results for the leading index from the Melbourne Institute; in June, the index rose 0.1 percent on month.
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Swiss Market Closes On Bright Note
The Switzerland market closed on a bright note on Wednesday after holding firm right through the day's trading session thanks to sustained buying at several counters from across various sectors.
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Pred 1 h 8 min
European Stocks Close Higher On Bargain Hunting, Fairly Positive Economic Data
European stocks closed broadly higher on Wednesday as slightly encouraging data on private sector activity in the region aided sentiment. Bargain hunting at several counters after Tuesday's decline helped as well in pushing up prices.
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Pred 1 h 32 min
Consumer Staples, Materials Stocks Rise As TSX Hits New Record High
The Canadian market is up in positive territory a little past noon on Wednesday, thanks to strong gains in consumer staples, materials and technology sectors. Energy and healthcare stocks are weak, while shares from rest of the sectors are turning in a mixed performance.
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Pred 2 h 25 min
U.S. Job Openings Fall To Ten-Month Low In July
Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday. The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.
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Pred 3 h 37 min
U.S. Factory Orders Slump Roughly In Line With Estimates In July
A report released by the Commerce Department on Wednesday showed an extended slump by new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders fell by 1.3 percent in July after plunging by 4.8 percent in June. Economists had expected factory orders to decrease by 1.4 percent.
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Pred 4 h 44 min
Eurozone Private Sector Growth At 1-Year High
The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.
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Pred 5 h 59 min
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.
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Pred 6 h 20 min
FTSE Up Nearly 0.6%; Miners Among Top Gainers
The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.
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Pred 7 h 8 min
