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Japan Industrial Output Data Due On Wednesday
(RTTNews) - Japan will on Wednesday release preliminary November numbers for industrial production, highlighting a light day for Asia-Pacific economic activity.
Industrial output is expected to slip a seasonally adjusted 0.3 percent on month after sinking 3.2 percent in October.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are mixed on Tuesday, following the positive cues from Wall Street overnight, as traders remain cautious and are reluctant to take major positions ahead of the monetary policy announcements from the European Central Bank, the US Fed and the Bank of Japan this week. Optimism about a potential U.S.-China trade deal and an interest rate cut by the Fed are aiding market sentiment.
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Sensex, Nifty To See Muted Start
Indian shares look set to open on a muted note Tuesday, tracking mostly weak cues from other Asian markets.
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Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday, reversing some of the strong gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 50,400 level, with a mixed performance across most sectors.
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Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, reversing to the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
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Canadian Dollar Falls Against Majors
The Canadian dollar weakened against its major counterparts in the New York session on Monday.
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Swiss Market Ends Modestly Lower
The Switzerland market closed on a weak note on Monday, after languishing in negative territory right through the day's trading session as investors remained hesitant to pick up stocks, choosing to wait for some crucial economic data, and the monetary policy announcements from several central banks.
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European Stocks Close Mostly Higher On Easing Trade Tensions
European stocks closed on a positive note on Monday with investors focusing on the upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan, and following the developments on U.S.-China trade front.
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German Business Confidence Improves On Stronger Expectations: Ifo
Business morale in Germany rebounded more than expected in October as companies' expectations were the strongest in over three-and-a-half years, though they gave a weaker assessment of the current situation for a third month in a row, results of a closely watched survey by the ifo institute showed on Monday.
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