Japan Inflation Data Due On Friday

RTTNews | 185 dagar sedan
Japan Inflation Data Due On Friday

(RTTNews) - Japan will on Friday release January figures for national consumer prices, highlighting a modest day for Asia-Pacific economic activity. In December, overall inflation was up 0.6 percent on month and 3.6 percent on year, while core CPI rose an annual 3.0 percent.

Japan also will see February results for the manufacturing and services PMIs from Jibun Bank; in January, their scores were 48.7 and 53.0, respectively.

Malaysia will provide January data for consumer prices; in December, inflation was up 0.1 percent on month and 1.7 percent on year.

Australia also will see February results for the manufacturing and services PMIs from S&P Global in January, their scores were 50.2 and 51.2, respectively.

New Zealand will provide January numbers for imports, exports and trade balance. In December, imports were NZ$6.62 billion and exports were at NZ$6.84 billion for a trade surplus of NZ$219 million.

read more
U.S. New Home Sales Pull Back From Upwardly Revised Level In July

U.S. New Home Sales Pull Back From Upwardly Revised Level In July

New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
RTTNews | 11 minuter sedan
Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares may open on a weak note Monday morning, tracking lower metal prices and European stocks. However, energy stocks may find support on higher oil prices, and help limit market's downside.
RTTNews | 2h 53minuter sedan
Dollar Extends Losses Amidst Powell's Dovish Surprise

Dollar Extends Losses Amidst Powell's Dovish Surprise

A markedly dovish tone in Fed Chair Jerome Powell's speech at the Jackson Hole symposium on Friday weakened the Dollar, resulting in further losses for the currency during the week ended August 22.
RTTNews | 3h 38minuter sedan
German Ifo Business Confidence Strongest Since 2024

German Ifo Business Confidence Strongest Since 2024

German business sentiment hit the highest level in more than two years in August on expectations that the fiscal stimulus would help to kickstart the economic recovery. The business climate index rose to 89.0 in August from 88.6 in the previous month. This was the highest score since April 2024 and also came in above economists' forecast of 88.6. The German economy's recovery remains weak.
RTTNews | 3h 40minuter sedan
CAC 40 Down Nearly 0.6% In Cautious Trade

CAC 40 Down Nearly 0.6% In Cautious Trade

French stocks remain in negative territory on Monday, with investors mostly making cautious moves, looking for some more clarity on U.S. - EU trade deal, and awaiting crucial inflation data from the region.
RTTNews | 4h 15minuter sedan
DAX Modestly Lower As Investors Wait For Directional Clues

DAX Modestly Lower As Investors Wait For Directional Clues

The German market is languishing in negative territory after a weak start on Monday as investors remain a bit reluctant to pick up stocks, choosing to wait for crucial inflation data from several major countries in Europe.
RTTNews | 4h 48minuter sedan
Antipodean Currencies Traded Higher Amid Risk-on Mood

Antipodean Currencies Traded Higher Amid Risk-on Mood

The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.
RTTNews | 5h 32minuter sedan