BoJ Minutes On Tap For Thursday
(RTTNews) - The Bank of Japan will on Thursday release the minutes from its monetary policy meeting on July 30-31, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the BoJ raised its benchmark rate by 15 basis points and also announced its plan to reduce bond purchases to around JPY 3 trillion by the first quarter of 2026.
Singapore will provide August figures for industrial production; in July, production was up 10.1 percent on month and 1.8 percent on year.
Hong Kong will see August data for imports, exports and trade balance. In July, imports were up 9.9 percent on month and exports jumped 13.1 percent for a trade deficit of HKD21.8 billion.
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TSX Continues To Move Up North, Ends 0.53% Up At New High
The Canadian market climbed to a new record high on Friday, rising for a third straight day, thanks to strong gains in materials stocks as metal prices surged to record highs. Continued optimism about interest rate cuts by the Bank of Canada also aided sentiment.
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vor 14Std 31 Minuten
Dollar Turns Weak After Recent Gains
The U.S. dollar turned a bit weak on Friday, snapping a five-day winning streak, with global stocks moving higher on increased risk appetite after the Chinese government announced a couple of funding schemes.
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vor 15Std 9 Minuten
TSX Rises To New High; Materials Shares Rally
The Canadian market is up firmly in positive territory Friday afternoon after posting a new high for the third straight day. Materials stocks are contributing to the move up north, with firm metal prices triggering hectic buying at several counters in the sector.
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vor 18Std 32 Minuten
Canadian Dollar Weakens As Oil Prices Fall
The Canadian dollar declined against its most major counterparts in the New York session on Friday, as oil prices dropped on concerns about slowing demand from China.
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vor 18Std 50 Minuten
Swiss Market Closes Modestly Higher
The Switzerland market ended modestly higher on Friday after a choppy ride as investors looked ahead to more interest rate cuts from central banks after the European Central Bank cut rates for the third time this year.
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vor 18Std 58 Minuten
Major European Markets Close Higher
European stocks closed higher on Friday and the major markets in the region posted second straight week of gains, as investors continued to cheer the European Central Bank's rate cut decision, and remained optimistic about more rate cuts by several other central banks.
Markets also reacted to positive economic data from China, and digested the latest batch of earnings updates and other corporate
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vor 19Std 21 Minuten
U.S. Housing Starts Pull Back Modestly As Multi-Family Starts Extend Plunge
After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Friday showing a modest pullback by housing starts in the month of September. The Commerce Department said housing starts fell by 0.5 percent to an annual rate of 1.354 million in September.
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vor 22Std 45 Minuten
CPSC Recalls: Textron ROVs, Colsen Fire Pits, Anker Power Banks, Oliva Cigar Lighters
The U.S. Consumer Product safety Commission or CPSC has announced recalls including Textron Specialized Vehicles' Recreational Off Highway vehicles, Colsen Fire Pits LLC's Fire Pits, Anker Innovations Ltd.'s Anker Power Banks, and Oliva Cigars Co. Inc.'s Cigar Lighters, citing various reasons. In most of the recalls, consumers are urged to immediately stop using the recalled product
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vor 22Std 50 Minuten
