China Inflation Data Due On Wednesday

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China Inflation Data Due On Wednesday

(RTTNews) - China will on Wednesday release May figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity.

Overall consumer prices are expected to rise 0.4 percent on year after adding 0.3 percent in April. Producer prices are seen lower by an annual 1.5 percent after sinking 2.5 percent in the previous month.

Japan will provide May figures for producer prices, with forecasts suggesting an increase of 0.4 percent on month and 2.0 percent on year, up from 0.3 percent on month and 0.9 percent on year in April.

South Korea will see May data for unemployment; in April, the jobless rate was 2.8 percent.

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European Economic News Preview: BoE To Cut Interest Rate

European Economic News Preview: BoE To Cut Interest Rate

The Bank of England is set to lower its benchmark rate by a quarter-point on Thursday but uncertainty over the future policy easing escalated after Donald Trump won the US presidential election. At the end of two-day policy meeting, the Monetary Policy Committee of the BoE is expected to lower the bank rate to 4.75 percent from 5.00 percent.
RTTNews | il y a 5h 40min
China Exports Growth Fastest In More Than 2 Years; Imports Fall

China Exports Growth Fastest In More Than 2 Years; Imports Fall

China's exports expanded the most in more than two years in October, while imports declined at a sharper-than-expected pace due to weaker domestic demand, official data showed Thursday. Exports grew 12.7 percent on a yearly basis, following an increase of 2.4 percent in September, customs data revealed. Shipments were forecast to climb only 5.0 percent.
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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the broadly positive cues from Wall Street overnight, as traders cautiously weigh the implications of Donald Trump's victory in the U.S. Presidential Election. They are concerned about Trump's tariff plans that could reignite U.S.-China trade tensions. Asian Markets closed mixed on Wednesday.
RTTNews | il y a 8h 55min
Japanese Market Notably Lower

Japanese Market Notably Lower

Reversing the gains in the previous two sessions, the Japanese stock market is notably lower on Thursday after opening in the green, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 39,300 level, with weakness in index heavyweights and technology stocks partially offset by gains in exporters and financial stocks.
RTTNews | il y a 10h 9min
Thai Shares Tipped To Bounce Higher Again On Thursday

Thai Shares Tipped To Bounce Higher Again On Thursday

The Thai stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,465-point plateau although it's expected to rebound on Thursday.
RTTNews | il y a 10h 39min
Indonesia Bourse Likely To Reclaim 7,400-Point Level

Indonesia Bourse Likely To Reclaim 7,400-Point Level

The Indonesia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had slumped almost 100 points or 1.4 percent. The Jakarta Composite Index now rests just above the 7,380-point plateau although it's likely to see renewed support on Thursday.
RTTNews | il y a 11h 9min