Japan Money Stock Data Due On Monday
(RTTNews) - Japan will on Monday release April figures for money stock, highlighting a light day for Asia-Pacific economic activity. The M2 money stock is expected to hold steady, higher by 2.5 percent.
New Zealand will see April results for the Performance of Services Index from BusinessNZ; in March, the index score was 47.5.
Australia will see April results for the indexes of business confidence and conditions from NAB; in March, their scores were +1 and +9, respectively.
Taiwan will provide Q1 figures for gross domestic product, with forecasts suggesting an increase of 6.51 percent on year - accelerating from 4.93 percent in the previous three months.
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Dollar Gains After A Hawkish FOMC
A hawkish Fed that scaled back rate cut expectations boosted the U.S. dollar during the week ended June 14. The dollar also benefitted from weakness in the euro beset by political uncertainty in France and the yen's prospects hurt by a dovish monetary policy update from the Bank of Japan.
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4s 56 dakika önce
New York Manufacturing Index Indicates Notably Slower Contraction In June
New York manufacturing activity contracted at a notably slower rate in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index climbed to a negative 6.0 in June from a negative 15.6 in May, although a negative reading still indicates contraction.
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5s 44 dakika önce
Aerovate Says Phase 2b Portion Of Trial Of AV-101 Fails To Meet Primary And Secondary Endpoints
Biopharmaceutical company Aerovate Therapeutics, Inc. (AVTE) announced Monday topline results from the Phase 2b portion of the Inhaled iMatinib Pulmonary Arterial Hypertension Clinical Trial (IMPAHCT), a Phase 2b/Phase 3, randomized, double-blind, placebo-controlled, multi-national trial of AV-101.
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5s 59 dakika önce
Beyond Eliminates Co-Chief Executive Roles And Dual Chief Merchant Roles Amid Structural Changes
Beyond, Inc. (BYON), owner of Overstock, Bed Bath & Beyond and Zulily, announced Monday structural changes to its leadership team and broader organization which are laser focused on driving efficiencies.
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6s 10 dakika önce
Eurozone Labor Cost Growth Exceeds Expectations
The euro area hourly labor cost growth accelerated more than expected in the first quarter, which aligns with trends revealed by other indicators and the European Central Bank's view that wage pressures are set to remain elevated for some time before entering a downward trajectory next year. Hourly labor cost grew at a faster pace of 5.1 percent on a yearly basis.
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6s 13 dakika önce
Dycom Industries Promotes COO Daniel Peyovich To Succeed Steven Nielsen As CEO
Dycom Industries, Inc. (DY) announced Monday that Chief Executive Officer Steven Nielsen will retire on November 30, 2024 after 25 years of service. The company has named Executive Vice President and Chief Operating Officer Daniel Peyovich to succeed Nielsen upon his retirement.
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6s 20 dakika önce
New York Manufacturing Index Rebounds More Than Expected But Remains Negative
New York manufacturing activity contracted at a notably slower rate in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday.
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6s 26 dakika önce
Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open mixed Monday morning, tracking the trend in commodity markets. Also, with no significant triggers to warrant any big moves, trading is likely to remain somewhat lackluster today.
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6s 35 dakika önce
