Australia Consumer Confidence Data Due On Tuesday
(RTTNews) - Australia will on Tuesday see March results for the consumer confidence index from Westpac Bank, highlighting a light day for Asia-Pacific economic activity. In February, the index dipped 6.9 percent.
Australia also will see February results for the business confidence survey from NAB; in January, the survey score was +6.
Singapore will release January results for unemployment; in the previous month, the jobless rate was 2.0 percent.
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Hong Kong Budget Focuses On Spending Cuts, Promoting AI
Hong Kong Financial Secretary Paul Chan unveiled the budget on Wednesday that largely focused on government spending cuts with minimal impact on people's livelihood and underscored the importance of artificial intelligence to enhance competitive edge. The government estimated a consolidated deficit of HK$87.2 billion for 2024-25, which was smaller than the HK$100 billion previous projection.
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hace 5h 25min
FTSE 100 Advances; Convatec Rises On Strong Earnings
U.K. stocks are notably higher Wednesday morning, lifted by gains in mining and banking sectors. Slightly easing concerns over U.S. - Ukraine tensions after the two countries agreed on a minerals deal aid sentiment.
While mining stocks are up on firm copper prices, bank stocks are gaining thanks to some rating upgrades.
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hace 6h 24min
CAC 40 Up Nearly 1%
French stocks are up in positive territory Wednesday morning with markets reacting positively news about U.S. and Ukraine agreeing on a minerals deal, which could help ease ongoing tensions between the two countries. Investors are also digesting some earnings updates.
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hace 7h 20min
DAX Rises 1.2% As Investors React To Quarterly Earnings
Despite concerns about the impact of U.S. President Donald Trump's trade policies, German stocks are up firmly in positive territory Wednesday morning with investors reacting to quarterly earnings updates and news about Ukraine accepting an agreement on mineral rights with the U.S.
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hace 7h 42min
European Shares Climb As US, Ukraine Agree To Minerals Deal
European shares held near record highs on Wednesday after the United States and Ukraine have agreed on the terms of a draft minerals deal amid ongoing talks to end the Ukraine-Russia war.
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hace 7h 48min
Asian Shares Mixed; China And Hong Kong Outperform
Asian markets ended mixed on Wednesday as inflation and trade war fears offset Chinese AI optimism.
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hace 8h 21min
Canadian Dollar Falls As Oil Prices Slide, U.S. Tariff Threats
The Canadian dollar weakened against other major currencies in the Asian session on Wednesday amid crude oil prices slide, as concerns about demand and oversupply in the market weighed and pushed the commodity's prices to the lowest level in about 11 weeks.
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hace 10h 11min
European Economic News Preview: German GfK Consumer Confidence Due
Consumer confidence survey results from Germany and France are the top economic news due on Wednesday. At 2.00 am ET, the market research group GfK releases Germany's consumer sentiment survey results. The forward-looking consumer sentiment index is forecast to improve to -21.6 in March from -22.4 in February.
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hace 10h 32min
