Japan Producer Price Data Due On Thursday
(RTTNews) - Japan will on Thursday release January figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
Producer prices are expected to rise 0.3 percent on month and 4.0 percent on year after adding 0.3 percent on month and 3.8 percent on year in December.
New Zealand will see January numbers for electronic card retail sales; in December, sales were up 2.0 percent on month and down 1.0 percent on year.
Thailand will see January results for its consumer confidence index; in December, the index score was 57.9.
China will release January data for new loans, with forecasts suggesting a value of CNY770.0 billion, down from CNY990.0 billion in December.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the Asian session on Thursday.
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European Shares Seen Higher On Russia-Ukraine Peace Hopes
European stocks are likely to open higher on Thursday after U.S. President Donald Trump and Russian President Vladimir Putin have agreed to start talks to end the Ukraine War in a significant step towards resolving the conflict.
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7j 13min yang lalu
European Economic News Preview: UK GDP Data Due
Quarterly national accounts and foreign trade from the UK and final inflation from Germany are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and trade deficit. The economy is forecast to shrink 0.1 percent sequentially in the fourth quarter after remaining flat in the third quarter.
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7j 46min yang lalu
Sensex, Nifty Open Higher On RBI Rate Cut Bets
Indian shares opened on a firm note Thursday as signs of a slowing economy towards the end of 2024 and falling retail inflation reinforced the views that the Reserve Bank of India (RBI) will continue to loosen its monetary policy in coming months.
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8j 3min yang lalu
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as data showing a bigger than expected increase in U.S. consumer price inflation raised speculation the US Fed will leave interest rates on hold for a prolonged period. Traders also remain cautious amid raising fears of a brewing global trade war and its impact on inflation.
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9j 10min yang lalu
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming early gains in mid-market moves on Thursday, but extends the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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10j 0min yang lalu
Sensex, Nifty Set To Follow Asian Peers Higher Amid Ukraine Peace Talks
Indian shares may open a tad higher on Thursday as a bond sell-off paused and U.S. President Donald Trump said the U.S. and Russia will immediately begin negotiations toward ending the Ukraine conflict.
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10j 8min yang lalu
