Japan Inflation Data Due On Friday
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33 gün önce
(RTTNews) - Japan will on Friday release March national figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In February, overall inflation was flat on month and up 2.8 percent on year, while core CPI also rose an annual 2.8 percent.
Malaysia will see Q1 numbers for gross domestic product and March data for imports, exports and trade balance. In the previous three months, GDP was up 3.0 percent on year; in February, imports were up 8.4 percent on year and exports fell an annual 0.8 percent for a trade surplus of MYR10.90 billion.
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Asian Shares Mixed As Investors Await Fed Minutes
Asian stocks ended mixed in range-bound trade on Wednesday as investors waited for cues from AI chip leader Nvidia's earnings and the release of minutes of the Federal Reserve's recent meeting.
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4s 12 dakika önce
Pound Rises As U.K. Inflation Slows Less-than-expected
The British pound strengthened against other major currencies in the pre-European session on Wednesday, after data showed that U.K. consumer price inflation slowed less than expected in April, leaving a 50 percent chance of a June rate cut unchanged.
Data from the Office for National Statistics showed that the U.K. consumer price inflation weakened to the lowest since July 2021. Consumer prices rose 2.3 percent on a yearly basis in April, slower than the 3.2 percent increase in March. However, inflation was stronger than economists' forecast of 2.1 percent.
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5s 22 dakika önce
Pound Rises Against Majors
The British pound strengthened against other major currencies in the pre-European session on Wednesday.
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5s 43 dakika önce
NZ Dollar Surges As RBNZ Signals Delay In Rate Cuts
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday, after the New Zealand's central bank signaled delay in interest rate cuts due to lower inflation.
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5s 59 dakika önce
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices and public sector finance from the UK are the major economic reports due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices and public sector finance data. Economists forecast inflation to ease to 2.1 percent in April from 3.2 percent in March. Output price inflation is expected to double to 1.2 percent.
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6s 54 dakika önce
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
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6s 57 dakika önce
European Shares Seen Opening Up As Investors Await Nvidia Earnings
European stocks are likely to open on a steady note Wednesday as investors await highly anticipated earnings results from AI chip leader Nvidia, set for release after the U.S. closing bell.
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7s 16 dakika önce
Sensex, Nifty Marginally Higher In Early Trade
Indian shares were marginally higher on Wednesday despite mixed global cues.
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8s 43 dakika önce