Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release May data for nationwide inflation, highlighting a light day for Asia-Pacific economic activity.
In April, overall consumer prices were up 0.4 percent on month and 2.5 percent on year, while core CPI rose an annual 2.2 percent.
New Zealand will see May figures for credit card spending; in the previous month, pending was down 0.6 percent on year.
Hong Kong will provide May figures for consumer prices; in April, overall inflation was down 0.7 percent on month and up 1.1 percent on year.
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U.S. Services Index Unexpectedly Climbs To Two-Year High In October
Service sector activity in the U.S. unexpectedly grew at an accelerated rate in the month of October, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its services PMI rose to 56.0 in October from 54.9 in September, with a reading above 50 indicating growth. The uptick surprised economists, who had expected the index to dip to 53.8.
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Před 5 h 56 min
U.S. Trade Deficit Widens To Largest In Over Two Years In September
A report released by the Commerce Department on Tuesday showed a substantial increase in the size of the U.S. trade deficit in the month of September, as imports surged and exports slumped. The Commerce Department said the trade deficit widened to $84.4 billion in September from a revised $70.8 billion in August.
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Před 7 h 9 min
U.S. Trade Deficit Widens Significantly In September
A report released by the Commerce Department on Tuesday showed a substantial increase in the size of the U.S. trade deficit in the month of September, as imports surged and exports slumped.
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Před 8 h 9 min
Bay Street Likely To Open With Positive Bias
Canadian shares may open with a positive bias on Tuesday, tracking higher crude oil and metal prices. The focus is on the U.S. Presidential election, and the upcoming monetary policy announcement from the Federal Reserve. Investors will also be reacting to a slew of earnings updates, and key economic data.
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Před 8 h 57 min
UK Service Sector Logs Weakest Growth In Almost A Year
The UK service sector grew at the slowest pace since November last year as heightened uncertainty and concerns about the domestic economic outlook damped new work, the S&P Global purchasing managers' survey showed on Tuesday. The final services Purchasing Managers' Index registered 52.0 in October, down from 52.4 in September. The reading was above the initial estimate of 51.8.
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Před 9 h 16 min
Spain Unemployment Rises In October
Joblessness in Spain increased in October but logged the smallest gain for the month since 2006 except for the pandemic years of 2021 and 2022, data from the labor ministry showed on Tuesday. The number of unemployed rose by 26,769 persons, which was a below average increase for the month of October. Economists were looking for an increase of 26,500 persons.
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Před 9 h 51 min
Yen Falls Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies during the European session on Tuesday, as traders remain cautious amid a rare political crisis following a Japanese snap election that raises doubts about the Bank of Japan's capacity to raise interest rates further and the U.S. election.
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Před 10 h 21 min
Boeing Strike Ends As Machinists Accept New Contract
Nearly two months long strike at Boeing Co. has ended after a majority of around 33,000 frontline workers voted to approve a new contract that will deliver 43.65 percent compounded wage increase. Following the deal, Boeing shares were gaining around 1.91 percent in the pre-market activity on the NYSE to trade.
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Před 10 h 53 min
