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Japan Data On Tap For Monday
(RTTNews) - Japan is scheduled to release a handful of reports on Monday, highlighting a light day for Asia-Pacific economic activity. On tap are January results for current account and leading and coincident indexes, as well as February figures for bank lending.
The current account is expected to show a deficit of 230 billion yen following the 1.077 trillion yen surplus in December. The leading index was up 0.5 percent on month in the previous month and the coincident index rose 1.0 percent. Bank lending is tipped to add 3.1 percent on year, up from 3.0 percent in January.
Singapore will see Q4 numbers for unemployment; the jobless rate is expected to hold steady at 1.9 percent.
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European Shares Seen Opening Up Despite US Growth Concerns
European stocks may open on a positive note Monday as investors bet on increased spending on infrastructure and defense in the region to beef up security and ensure that Ukraine will still be protected.
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6h 55min atrás
U.S. Dollar Slides Amid U.S. Fed Rate Cut Prospects
The U.S. dollar weakened against other major currencies in the Asian session on Monday amid prospects of the U.S. Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.
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7h 42min atrás
U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
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8h 3min atrás
Sensex, Nifty Tad Higher In Early Trade
Indian shares opened on a positive note Monday despite mixed cues from global markets.
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8h 18min atrás
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid prospects of the US Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.
RTTNews
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9h 6min atrás
Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market trading on Monday, reversing some of the losses in the previous four sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to well above the 7,950.00 level, with gains across most sectors led by iron ore miners and energy stocks.
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9h 48min atrás
Sensex, Nifty To Open On Muted Note
Indian shares look set to open on a flat note Monday after Federal Reserve Chair Jerome Powell said the U.S. central bank is "well positioned to wait for greater clarity" about the impact of President Trump's policy changes.
RTTNews
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10h 0min atrás
Additional Support Anticipated For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had tumbled almost 40 points or 3.2 percent. The Stock Exchange of Thailand now sits just above the 1,200-point plateau and it may add to its winnings on Monday.
RTTNews
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10h 36min atrás
