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Hong Kong Trade Data Due On Monday
(RTTNews) - Hong Kong will on Monday release April data for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In March, imports were up 5.3 percent on month and exports rose 4.7 percent for a trade deficit of HKD45.0 billion.
China will see April figures for industrial profits; in March, profits were up 4.3 percent on year.
Japan will provide April scores for its leading and coincident indexes; in March, they were down 0.7 percent on month and up 2.4 percent, respectively.
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Higher Open Anticipated For South Korea Shares
The South Korea stock market on Wednesday ended the two-day slide in which it had slumped almost 50 points or 1.4 percent. Now at a fresh record closing high, the KOSPI rests just above the 3,655-point plateau and it's tipped to open in the green again on Thursday.
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U.S. Dollar Weakens Against Majors
The U.S. dollar fell against its major counterparts in the New York session on Wednesday.
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Australia Unemployment Data On Tap For Thursday
Australia will on Thursday release September figures for unemployment, highlighting a light day for Asia-Pacific economic activity.
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Fed's Beige Book Says U.S. Economic Activity Little Changed
Economic activity in the U.S. has shown little change since early September, according to the Federal Reserve's Beige Book.
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U.S. Mortgage Applications Fall For Third Week: MBA
Mortgage applications for house purchase in the U.S. decreased for a third week in a row, survey results from the Mortgage Bankers Association showed on Wednesday.
The market composite index, which measures the house purchase mortgage loan application volume, dropped a seasonally adjusted 1.8 percent in the week ended October 10 following a 4.7 percent decline in the previous week, results of th
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New York Manufacturing Index Unexpectedly Indicates Growth In October
New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index surged to a positive 10.7 in October after plunging to a negative 8.7 in September, with a positive reading indicating growth.
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Bay Street Likely To Open Higher Again
Canadian shares are likely to open on a positive note Wednesday morning, tracking the firm trend in European markets, and higher commodity prices.
The undertone is likely to remain firm amid expectations of an interest rate cut by the Federal Reserve at its upcoming monetary policy meeting.
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10h 37minuter sedan
New York Manufacturing Index Unexpectedly Returns To Positive Territory
New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday.
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10h 39minuter sedan
