Australia Leading Index Data Due On Wednesday
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(RTTNews) - Australia will on Wednesday see August results for the leading economic index from Westpac Bank, highlighting a light day for Asia-Pacific economic activity. In July, the index was down 0.2 percent on month.
New Zealand will release August numbers for credit card spending; in July, spending was up 4.9 percent on year.
Indonesia will see August figures for loan growth; in July, growth was at 10.71 percent.
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European Shares Rise As Bond Yields Ease
European stocks edged higher on Wednesday as bond yields eased after the release of softer-than-expected U.S. producer inflation data.
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il y a 5h 36min
Asian Shares Muted Ahead Of US CPI Data
Asian stocks ended little changed on Wednesday after reports emerged that U.S. President-elect Donald Trump's economic advisers are discussing slowly ramping up tariffs month by month.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the pre-European session on Wednesday.
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Yen Rises As BoJ Governor Ueda Signals Rate Hike
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, after Bank of Japan Governor Kazuo Ueda signaled raising interest rates at next week's meeting.
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il y a 7h 21min
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK and industrial production from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for December. Inflation is forecast to remain unchanged at 2.6 percent.
Economists forecast output prices to remain flat on year, following a 0.6 percent drop in November.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.
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il y a 8h 3min
European Shares Seen Modestly Higher At Open; US CPI Data Eyed
European stocks may see modest gains at open on Wednesday as investors await the U.S. consumer price index (CPI) report for December 2024 later in the day for clues on the path of Federal Reserve policy.
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il y a 9h 11min
Sensex, Nifty Modestly Higher Led By PSU Stocks; Financials Drift Lower
Indian shares were slightly higher in early trade on Wednesday after bouncing back from a four-day losing streak the previous day on signs of easing retail inflation in the country.
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il y a 9h 58min