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Japan Industrial Production Data Due On Monday
(RTTNews) - Japan will on Monday see final August numbers for industrial production, highlighting a light day for Asia-Pacific economic activity. Output is called flat on month after sinking 1.8 percent in July.
New Zealand will see September results for the Performance of Services Index from BusinessNZ; in August, the index score was 47.1.
Indonesia will provide September figures for imports, exports and trade balance. In August, imports were down 14.77 percent on year and exports stumbled an annual 21.21 percent for a trade surplus of $3.12 billion.
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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.
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19 นาทีที่ผ่านมา
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.
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3 ชม. 0 นาทีที่ผ่านมา
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.
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3 ชม. 45 นาทีที่ผ่านมา
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.
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3 ชม. 48 นาทีที่ผ่านมา
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.
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4 ชม. 22 นาทีที่ผ่านมา
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.
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4 ชม. 55 นาทีที่ผ่านมา
Sensex, Nifty End Higher As IT Stocks Surge On Dovish Fed Boost
Indian shares ended modestly higher on Monday, with IT stocks leading the surge following dovish remarks from U.S. Federal Reserve Chair Jerome Powell.
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5 ชม. 12 นาทีที่ผ่านมา
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.
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5 ชม. 39 นาทีที่ผ่านมา
