Japan GDP Data Due On Tuesday
(RTTNews) - Japan will on Tuesday release preliminary Q4 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to expand 0.5 percent on quarter and 2.0 percent on year after sinking 0.2 percent on quarter and 0.8 percent on year.
Japan also will see final December numbers for industrial production; previous, industrial production eased 0.1 percent on month and capacity utilization fell 1.4 percent on month.
Australia will see February results for the consumer sentiment index from Westpac and January's business confidence survey from NAB. In January, the consumer sentiment index jumped 5.0 percent, while the business confidence index survey had a score of +12 in December.
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South Korea Stock Market May Extend Winning Streak
The South Korea stock market has moved higher in three straight sessions, collecting more than 60 points or 2.4 percent along the way. The KOSPI now rests just above the 2,580-point plateau and it may add to its winnings on Friday.
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5h 15min ago
Malaysia GDP Data Due On Friday
Malaysia will on Friday release Q4 figures for gross domestic product and current account, highlighting a light day for Asia-Pacific economic activity. GDP is expected to expand 4.8 percent on year, moderating from 5.3 percent in the previous three months. The current account surplus in Q3 was MYR2.20 billion.
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5h 45min ago
New Zealand Manufacturing Sector Climbs Into Expansion - BusinessNZ
The manufacturing sector in New Zealand moved up into expansion territory in January, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI core of 51.4.
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6h 37min ago
Canadian Market Looks Set To End Week On A Firm Note
The Canadian market remains firmly placed in positive territory Thursday afternoon, lifted by gains in communications, technology and real estate sectors recording impressive gains.
Despite concerns about tariff and fears of a trade war, the mood in the market remains fairly bullish.
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8h 9min ago
Swiss Market Ends On Buoyant Note
The Switzerland market closed on a buoyant note on Thursday with stocks from across several sectors moving higher on sustained buying interest amid optimism about earnings and hopes of some interest rate cuts by central banks.
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9h 4min ago
European Stocks Closed On Firm On Earnings, Slightly Easing Geopolitical Concerns
European markets closed higher on Thursday, and several indexes climbed to fresh record or multi-month highs, as investors picked up stocks, reacting to earnings and on hopes of an end to the war in Ukraine.
Hopes of more monetary easing by central banks, and optimism about an end to the ongoing war in Ukraine contributed to markets' upmove.
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9h 34min ago
U.S. Dollar Drops On Russia-Ukraine Peace Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Thursday, amid optimism about ending the Russia-Ukraine war.
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10h 2min ago
U.S. Producer Price Growth Slightly Exceeds Estimates In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January. The Labor Department said its producer price index for final demand rose by 0.4 percent in January after climbing by an upwardly revised 0.5 percent in December.
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13h 4min ago
