Australia Unemployment Data Due On Thursday

RTTNews | 172天前
Australia Unemployment Data Due On Thursday

(RTTNews) - Australia will on Thursday release January figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.

The Australian economy is expected to have added 19,700 jobs last month after the addition of 56,300 in the previous month. The jobless rate is expected to tick up to 4.1 percen4t from 4.0 percent in December, while the participation rate is seen steady at 67.1 percent.

Malaysia will see January figures for imports, exports and trade balance. In December, imports were up 11.9 percent on year and exports jumped an annual 16.9 percent for a trade surplus of MYR19.20 billion.

Taiwan will provide January data for export orders and Q4 data for current account. In December, export orders jumped 20.8 percent on year. In the third quarter of 2024, the current account surplus was $27.48 billion.

Hong Kong will release January numbers for consumer prices; in December, overall inflation was up 0.1 percent on month and 1.4 percent on year.

read more
Rate Cut Hopes Drag The Dollar Down

Rate Cut Hopes Drag The Dollar Down

The U.S. dollar declined against major currencies during the week ended August 8 amidst weak economic data that renewed hopes of a larger-than expected and higher-than-expected monetary policy easing by the Federal Reserve.
RTTNews | 38分钟前
Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Canadian stocks may open with a slightly positive bias on Monday with investors looking ahead to the crucial U.S. inflation data due this week. The focus is also Trump administration's trade negotiations with China, and on the upcoming talks between the U.S. and Russia, aimed at bringing an end to the war in Ukraine.
RTTNews | 2小时50分钟前
FTSE 100 Up Marginally As Investors Look For Direction

FTSE 100 Up Marginally As Investors Look For Direction

The U.K. market is up in positive territory a little before noon on Monday with select counters attracting some strong buying interest. Uncertainty on the tariff front is rendering the mood a bit cautious and limiting the market's upside.
RTTNews | 4小时26分钟前
CAC 40 Drifts Lower In Lackluster Trade

CAC 40 Drifts Lower In Lackluster Trade

French stocks are down in negative territory on Monday as investors look for direction and make cautious moves while awaiting U.S. - Russia talks set to take place later in the week.
RTTNews | 4小时46分钟前
UK Job Placements Decline Sharply On Weaker Confidence & Budget Pressures

UK Job Placements Decline Sharply On Weaker Confidence & Budget Pressures

UK job placements logged a steep decline in July due to weaker confidence around the economic outlook and rising employment costs, monthly data from S&P Global showed Monday. Permanent staff appointments declined sharply in July and temp billings registered its biggest fall in five months, the KPMG/REC Report on Jobs said.
RTTNews | 5小时45分钟前