Hong Kong Trade Data Due On Monday
(RTTNews) - Hong Kong will on Monday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
In August, imports were up 7.9 percent on month ad exports rose 6.4 percent for a trade deficit of HKS33.1 billion.
Thailand is scheduled to see September numbers for imports, exports and trade balance. In August, imports were up 8.9 percent on year and exports rose an annual 7.0 percent for a trade surplus of $0.260 billion.
Finally, the markets in New Zealand are closed on Monday for Labor Day and will re-open on Tuesday.
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Commodity Currencies Drop After Trump's New Tariff Threats
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, after U.S. President-elect Donald Trump announced a 10 percent additional tariff on all Chinese goods and a 25 percent tariff on imports from Mexico and Canada, raising concerns over global trade tensions.
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vor 6Std 30 Minuten
Pound Falls Against Majors
The British pound weakened against other major currencies in the Asian session on Tuesday.
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vor 7Std 11 Minuten
UK Shop Price Deflation Slows: BRC
UK shop prices dropped at a slower pace in November, signalling that shoppers are set to face rising price pressures, the British Retail Consortium revealed on Tuesday. The shop price index declined 0.6 percent on a yearly basis in November, slower than October's 0.8 percent decrease. Food price inflation softened to 1.8 percent from 1.9 percent in October.
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vor 7Std 31 Minuten
European Shares Set To Fall After Trump's New Tariff Threats
European stocks are likely to open lower on Tuesday after U.S. President-elect Donald Trump said on his Truth Social network that he would impose an additional 10 percent tariff on goods from China and 25 percent on all products from Mexico and Canada.
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vor 7Std 57 Minuten
Canadian Dollar Drops Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday.
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vor 7Std 58 Minuten
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
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vor 8Std 23 Minuten
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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vor 8Std 28 Minuten
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, after s US President-elect Donald Trump announced a 10 percent additional tariff on all Chinese goods and a 25 percent tariff on imports from Mexico and Canada, raising concerns over global trade tensions. Asian markets closed mostly higher on Monday.
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vor 10Std 13 Minuten
