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New Zealand Card Retail Sales Data Due On Tuesday
(RTTNews) - New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. In March, sales sank 0.8 percent on quarter and 1.6 percent on year.
Japan will provide April numbers for producer prices, with forecasts suggesting an increase of 0.2 percent on month and 4.0 percent on year - easing from 0.4 percent on month and 4.2 percent on year in March.
Australia will see Q1 data for wage prices; in the three months prior, wage prices were up 0.7 percent on quarter and 3.2 percent on year.
South Korea will release April numbers for unemployment; in March, the jobless rate was 2.9 percent.
Finally, the markets in Indonesia remain closed on Tuesday for Wesak Day.
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Honda Cuts EV Sales, Investment Targets As It Shifts Focus
Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.
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19 minuter sedan
Bay Street Likely To Open On Cautious Note; Inflation Data In Focus
The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.
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2h 49minuter sedan
U.S. Dollar Slides Amid U.S. Tariff Uncertainty
The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.
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3h 15minuter sedan
FTSE 100 Moderately Higher As Investors Focus On Earnings
U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.
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4h 3minuter sedan
Home Depot Q1 Profit Misses Market, But Sales Beat; Backs Outlook; Stock Up
Home Depot Inc. reported Tuesday weak first-quarter profit below market estimates, while sales grew from last year and beat the Street view with slightly higher comparable sales in the U.S. Further, the home improvement retailer maintained its fiscal 2025 guidance, expecting weak earnings, but higher sales and comparable sales. In the pre-market activity on the NYSE, Home Depot shares were gaining
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4h 23minuter sedan
CAC 40 Modestly Higher
The French market is modestly higher in cautious trade on Tuesday with investors closely following the developments on the geopolitical front.
Tensions between Russia and Ukraine linger despite an announcement from U.S. President Donald Trump that the two nations would soon begin ceasefire negotiations.
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4h 36minuter sedan
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
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4h 40minuter sedan
Sensex, Nifty Tumble As Investor Seek Tariff Clarity
Indian shares fell sharply on Tuesday as investors watched the latest developments in the ongoing India-U.S. trade discussions.
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4h 42minuter sedan
