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China Inflation Data On Tap For Wednesday
(RTTNews) - China will on Wednesday release August figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity.
Overall inflation is expected to slip 0.2 percent on year following the flat reading in July, while producer prices are seen lower buy an annual 2.6 percent after slumping 3.6 percent a month earlier.
South Korea will see unemployment data for August; in July, the jobless rate was 2.5 percent.
Indonesia will provide July numbers for retail sales; in June, sales were up 1.3 percent on year.
Malaysia will see July figures for unemployment; in June, the jobless rate was 3.0 percent.
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Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Wednesday, amid growing optimism about the outlook for interest rates after sharp downward revisions in U.S. jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
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42 phút trước
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.
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1h 15phút trước
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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1h 19phút trước
China Falls Back Into Deflation; PPI Continues To Decline
China's consumer prices declined more than expected in August on weaker demand and producer prices continued to fall, strengthening calls for more actions to bolster domestic consumption amid slowing exports growth. The consumer price index dropped 0.4 percent from a year ago after remaining flat in July, the National Bureau of Statistics reported Wednesday. Prices were expected to fall 0.2 perc
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1h 34phút trước
European Markets Seen Opening Positive On Wednesday
Stock markets in Europe are expected to open on a mildly positive note on Wednesday amidst the strong rally in Wall Street on Tuesday fueled by Fed rate cut hopes.
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3h 17phút trước
European Economic News Preview: Italy Industrial Output Data
Industrial production from Italy and Spain are the major economic reports due on Wednesday. At 2.00 am ET, Statistics Norway publishes consumer prices for August. In July, inflation advanced to 3.3 percent from 3.0 percent in June. At 3.00 am ET, Statistics Spain is set to issue industrial production data for July. Output had climbed 2.3 percent on a yearly basis in June.
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3h 59phút trước
Sensex, Nifty Up Firmly In Positive Territory; IT Stocks Shine Again
Indian stocks are up firmly in positive territory Wednesday morning after a bright start, with technology and PSU bank stocks hogging the limelight.
Expectations of more reductions in GST rates, and reports about prospects of trade talks between India and the U.S. contribute to the positive mood in the markets.
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4h 4phút trước
Australian Market Extends Early Gains In Mid-market
The Australian market is extending its early gains in mid-market moves on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
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6h 3phút trước
