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Singapore Import, Export Price Data Due On Thursday
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(RTTNews) - Singapore will on Thursday release August figures for import, export and producer prices, highlighting a light day in Asia-Pacific economic activity. In July, import prices were up 14.7 percent on year, while export prices jumped 19.4 percent and producer prices advanced 19.0 percent.
New Zealand will see September results for the business confidence index from ANZ; in August, the index score was -47.8.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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European Shares Seen Opening Up On US-China Trade Truce
European stocks may open higher on Tuesday as the United States and China agreed to extend their tariff truce for another 90 days.
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European Economic News Preview: UK Unemployment Data Due
Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK unemployment data. The jobless rate is forecast to remain unchanged at 4.7 percent in the second quarter. At 3.00 am ET, retail sales figures are due from Turkey.
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Sensex, Nifty Slightly Higher In Early Trade
Indian shares were slightly higher on Tuesday despite mixed cues from global markets.
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Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.
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Sensex, Nifty Set For Muted Open On Mixed Global Cues
Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.
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