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Japan Producer Price Data Due On Monday
(RTTNews) - Japan will on Monday release February figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to rise 1.5 percent on year, easing from 1.6 percent in the previous month.
China will see February numbers for industrial profits; in January, profits were up 0.8 percent on year.
Hong Kong will provide February figures for imports, exports and trade balance. In January, imports were down 30.2 percent on year and exports slumped an annual 36.7 percent for a trade deficit of HKD25.4 billion.
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Fed Minutes Reveal Mixed Views About December Rate Cut
The Federal Reserve released the minutes of its latest monetary policy meeting on Wednesday, revealing officials had mixed views about the outlook for interest rates. The minutes of the Fed's October 28-29 meeting said participants expressed "strongly differing views" about what policy decision would most likely be appropriate at the central bank's next meeting on December 9-10.
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1小时4分钟前
TSX Moderately Higher; Technology, Materials Stocks Shine
The Switzerland market is up firmly in positive territory Wednesday afternoon, lifted by strong gains in technology and materials sectors.
After recent losses, investors are picking up stocks, expecting the market to stabilise a bit around current levels.
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1小时27分钟前
Swiss Market Ends On Firm Note
The Switzerland market closed on a positive note on Wednesday, staying firm right through the day's trading session.
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1小时57分钟前
Major European Markets Closed Slightly Weak
The major European markets closed on a negative note on Wednesday, although the downside was just marginal, as stocks found some support at lower levels after having suffered notable losses in recent sessions amid concerns about AI bubble and uncertainty surrounding Fed interest rate moves, and release of some crucial U.S. economic data.
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2小时19分钟前
U.S. Trade Deficit Narrows In August As Imports Plunge
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports. The Commerce Department said the trade deficit shrank to $59.6 billion in August from a revised $78.2 billion in July. Economists had expected the trade deficit to decrease to $61.0 billion.
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5小时24分钟前
U.S. Trade Deficit Narrows Slightly More Than Expected In August
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports.
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6小时51分钟前
Canadian Market May Open With Slightly Positive Bias
Canadian stocks may open with a positive bias Wednesday morning with firm metal prices triggering some buying in the materials sectors. Weak oil prices may weigh on energy stocks and limit market's upside.
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7小时10分钟前
Iceland Unexpectedly Cuts Policy Rate By 25 Bps
Iceland's central bank lowered its key interest rate unexpectedly as the economy is expected to recover more slowly than previously anticipated due to worsening prospects for exports. The Monetary Policy Committee of the Central Bank of Iceland, led by Governor Ásgeir Jónsson, unanimously decided to cut the rate on seven-day term deposits to 7.25 percent from 7.50 percent.
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7小时46分钟前
