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Hong Kong Unemployment Data Due On Monday
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(RTTNews) - Hong Kong will on Monday release jobless figures for August, highlighting a light day for Asia-Pacific economic activity. In July, the unemployment rate was 4.3 percent.
China will see August results for foreign direct investment in July, FDI was up 17.3 percent on year.
New Zealand will see August figures for the Performance of Services Index from BusinessNZ; in July, the index score was 51.2.
Finally, the markets in Japan are closed on Monday for Respect for the Aged Day and will re-open on Tuesday.
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Singapore Unemployment Data Due On Tuesday
Singapore will on Tuesday release Q1 numbers for unemployment, highlighting a very light day for Asia-Pacific economic activity.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against its major counterparts in the New York session on Monday, as investors focused on upcoming earnings announcements and some crucial U.S. economic data.
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Swiss Market Ends On Firm Note
After a flat start and a subsequent sluggish spell the Switzerland market moved higher on Monday with stocks gradually gaining in strength as the day progressed.
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European Stocks Close Broadly Higher Ahead Of Earnings Announcements
European stocks closed higher on Monday, and the U.K. market recorded its longest winning streak in over five years, moving up for the eleventh consecutive session, as investors focused on upcoming earnings announcements and some crucial European and U.S. economic data.
Hopes of a de-escalation in U.S.-China trade friction too contribute to the positive mood in the market.
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Domino's Pizza Q1 Earnings Beat, Revenues Miss, U.S. Same Store Sales Down; Stock Drops
Domino's Pizza Inc. announced Monday higher earnings in its first quarter, above market estimates, amid revenue growth. Meanwhile, the largest pizza company in the world recorded weak income from operations and U.S. same store sales, and its top line missed the Street view. In pre-market activity on the Nasdaq, Domino's Pizza shares were losing around 2.6 percent.
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Bay Street Likely To Open On Mixed Note
The Canadian market is likely to open on a mixed note on Monday with investors mostly making cautious moves, as the nation goes to the polls today.
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Pound Rises As European Shares Traded Higher
The British pound strengthened against other major currencies in the European session on Monday amid increased risk appetite, as tariff tensions eased and investors looked ahead to a busy week of earnings, with four of the Magnificent Seven companies— Amazon, Apple, Meta Platforms and Microsoft — due to report their quarterly results.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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