Korea Rate Decision On Tap For Thursday

RTTNews | 47 วันที่ผ่านมา
Korea Rate Decision On Tap For Thursday

(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a lit day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate steady at 2.50 percent.

Japan will release June numbers for producer prices, with forecasts suggesting a dip 0.2 percent on month and a gain of 2.9 percent on year. That follows the 0.2 percent monthly contraction and the 3.2 percent yearly gain in May.

Malaysia will see May figures for unemployment; in April, the jobless rate was 3.0 percent.

Finally, the markets in Thailand are closed on Thursday for Asarnha Bucha Day and will reopen on Friday.

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TSX Modestly Higher As Financials, Mining Stocks Move Up

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Swiss Market Settles Weak

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U.S. Consumer Confidence Index Edges Lower In August

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Bay Street May Open On Weak Note

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Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.
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Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.
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FTSE 100 Modestly Lower

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After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.
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