Australia Consumer Confidence Data Due On Tuesday
(RTTNews) - Australia will on Tuesday see March results for the consumer confidence index from Westpac Bank, highlighting a light day for Asia-Pacific economic activity. In February, the index dipped 6.9 percent.
Australia also will see February results for the business confidence survey from NAB; in January, the survey score was +6.
Singapore will release January results for unemployment; in the previous month, the jobless rate was 2.0 percent.
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European Economic News Preview: German GfK Consumer Confidence Due
Consumer confidence survey results from Germany and France are the top economic news due on Wednesday. At 2.00 am ET, the market research group GfK releases Germany's consumer sentiment survey results. The forward-looking consumer sentiment index is forecast to improve to -21.6 in March from -22.4 in February.
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5h 14min ago
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Wednesday.
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5h 32min ago
Australia Inflation Steady At 2.5%
Australia's consumer price inflation unexpectedly remained unchanged in January supporting the case for further monetary policy easing. The consumer price index registered a steady growth of 2.5 percent in January, data from the Australian Bureau of Statistics showed on Wednesday. Prices were expected to climb 2.6 percent.
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5h 52min ago
European Shares Seen Opening Up As Nvidia Earnings Loom
European stocks may open on a steady note Wednesday as investors await earnings from AI bellwether Nvidia for more clarity about the sustainability of the once-hot artificial intelligence trade.
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6h 12min ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as data showing a deterioration in U.S. consumer confidence in February fueled bets on US Fed interest rate cuts this year. Worries about the potential impact of imminent tariffs by Trump administration on global economic growth limited the market's upside.
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8h 22min ago
Australian Market Maintains Early Losses In Mid-market
The Australian stock market is maintaining its early losses in mid-market trading on Wednesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness across most sectors led by mining amid tumbling metal prices.
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8h 43min ago
Indian Markets Closed For Mahashivratri
Indian markets remain closed today in observance of Mahashivratri.
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9h 13min ago
Thai Shares May Take Further Damage On Wednesday
The Thai stock market has finished lower in two straight sessions, tumbling almost 40 points or 3.2 percent in that span. The Stock Exchange of Thailand now sits just above the 1,205-point plateau and it may extend its losses on Wednesday.
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9h 48min ago
