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Singapore Inflation Data Due On Wednesday
(RTTNews) - Singapore will on Wednesday release consumer price data for September, highlighting a light day for Asia-Pacific economic activity.
Overall inflation is expected to rise 0.5 percent on month and 1.9 percent on year, easing from 0.7 percent on month and 2.2 percent on year in August. Core CPI is called steady at an annual 2.7 percent.
Taiwan will see September figures for industrial production; in August, industrial production was up 13.42 percent on year.
Finally, the markets in Thailand are closed on Wednesday for Chulalongkorn Day and will re-open on Thursday.
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European Markets Close Mostly Higher Ahead Of Central Bank Policy Meetings
The markets in Europe closed mostly higher on Monday, although the UK market underperformed and settled slightly lower. Investors digested a batch of regional economic data, and looked ahead to the monetary policy announcements from the Federal Reserve, the Bank of England the Bank of Japan due later in the week.
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28 minuter sedan
Canadian Market Modestly Higher; Energy, Materials Stocks Rise
The Canadian market is up in positive territory Monday afternoon, with stocks from energy, materials, technology and consumer discretionary sectors contributing to the upmove.
The mood remains cautious with investors looking ahead to interest rate decisions from the Bank of Canada and the Federal Reserve on Wednesday.
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1h 54minuter sedan
Major European Markets Up In Positive Territory As Investors Eye Central Bank Meetings
After a cautious start, European markets are up in positive territory Monday afternoon with investors picking up stocks amid hopes of a rate cut by the Federal Reserve on Wednesday.
The Bank of England, which is scheduled to announce its monetary policy on Thursday, is widely expected to hold rates steady. The Bank of Japan's policy announcement is also due this week.
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4h 54minuter sedan
New York Manufacturing Index Unexpectedly Turns Negative In September
A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September. The New York Fed said its general business conditions index plunged to a negative 8.7 in September from a positive 11.9 in August, with a negative reading indicating contraction. Economists had expected the index to fall to a positive 5.0.
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5h 6minuter sedan
Mixed Open Seen For Canadian Shares
Bay Street may open on a mixed note Monday morning, tracking commodity prices. With rate decisions from the Federal Reserve and the Bank of Canada due on Wednesday, the mood is likely to remain a bit cautious at times.
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5h 47minuter sedan
New York Manufacturing Index Plunges Much More Than Expected In September
A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September.
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6h 1minuter sedan
UK Stocks Turning In Mixed Performance
The UK stock market's benchmark FTSE 100 is roughly flat about an hour past noon on Monday, with stocks turning in a mixed performance. Shares of mining companies are exhibiting weakness due to data showing a slowdown in China's industrial output in the month of August.
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6h 21minuter sedan
Dollar Slips As Rate Cut Hopes Deepen
The U.S. Dollar declined during the week ended September 12 amidst renewed hopes of a rate cut by the Federal Reserve on September 17.
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6h 25minuter sedan
