Japan Industrial Production Data Due On Tuesday

RTTNews | 953 dias atrás
Japan Industrial Production Data Due On Tuesday

(RTTNews) - Japan will on Tuesday release final April figures for industrial production, highlighting a modest day for Asia-Pacific economic activity. In March, output was up 0.3 percent on month and down 1.7 percent on year, while capacity utilization sank 1.6 percent on month.

China will see May numbers for foreign direct investment; in April, FDI surged 20.5 percent on year.

Hong Kong will provide Q1 figures for industrial production; in the previous three months, output was up 5.8 percent on year.

Australia will release Q1 data for house prices; in the previous three months, house prices jumped 4.7 percent on quarter and 23.7 percent on year.

New Zealand will see May numbers for food prices; in April, food prices jumped 6.4 percent on year.

read more
CAC 40 Rises To Near 7-month High

CAC 40 Rises To Near 7-month High

French stocks are up in positive territory Wednesday morning, tracking positive cues from other markets in Europe, amid hopes the European Central Bank will lower interest rate, and that there will be a couple of interest rate cuts by the Federal Reserve this year. Concerns about imposition of trade tariffs by the Trump administration weigh a bit, limiting market's upside.
RTTNews | 5h 14min atrás
DAX Rises On Rate Cut Hopes, Adidas' Upbeat Results

DAX Rises On Rate Cut Hopes, Adidas' Upbeat Results

Despite lingering concerns about potential trade tariffs, German stocks are up firmly in positive territory Wednesday morning, reacting to upbeat earnings updates from Adidas, and U.S. President Donald Trump's announcement of a big investment in AI infrastructure in the United States.
RTTNews | 5h 39min atrás
Netflix Stock Gains On Upbeat Q4, Bullish Guidance

Netflix Stock Gains On Upbeat Q4, Bullish Guidance

Netflix Inc.'s shares gained around 14 percent in the after-hours trading on Tuesday and are currently up 14 percent in the pre-market activity, as the streaming video giant issued positive outlook for its first quarter and lifted fiscal 2025 view. The fourth-quarter earnings beat market estimates with significant growth. The results and outlook mainly reflected 19 million net additions...
RTTNews | 5h 41min atrás
Pound Slides Amid BoE Rate Cut Speculation

Pound Slides Amid BoE Rate Cut Speculation

The British pound weakened against other major currencies in the Asian session on Wednesday, as traders speculate a rate cut by the Bank of England (BoE) in February.
RTTNews | 5h 46min atrás
Asian Shares Mixed Amid Trump's Tariff Threats

Asian Shares Mixed Amid Trump's Tariff Threats

Asian stocks ended mixed on Wednesday, with Chinese and Hong Kong markets falling sharply after U.S. President Donald Trump threatened tariffs on the EU and China to address trade imbalances and combat fentanyl trafficking.
RTTNews | 6h 25min atrás
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 6h 45min atrás
Yen Falls As Asian Stock Markets Traded Higher

Yen Falls As Asian Stock Markets Traded Higher

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher following the broadly positive cues from global markets overnight, as optimism about a few interest rate cuts by the U.S. Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the U.S. administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
RTTNews | 8h 36min atrás