Australia Producer Price Data Due On Friday
(RTTNews) - Australia will on Friday release Q2 figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
Producer prices are expected to rise 1.0 percent on quarter and 4.4 percent on year after adding 0.9 percent on quarter and 4.3 percent on year in the three months prior.
South Korea will see July figures for consumer prices, with forecasts calling for an increase of 0.3 percent on month and 2.5 percent on year following the 0.2 percent monthly decline and the 2.4 percent annual increase in June.
Japan will provide July numbers for its monetary base, with analysts looking for an increase of 0.9 percent on year - up from 0.6 percent in June.
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FTSE 100 Up Marginally
U.K. stocks are moving in a very tight range Wednesday morning as investors wait for directional clues. Activity is mostly stock specific and volumes are not any significantly higher. Bank stocks are finding support, contributing to market's slight upmove.
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5h 12min ago
Sensex, Nifty Recoup Early Losses
Indian shares ended Wednesday's choppy session on a fat note as investors digested weak GDP estimates and awaited cues from the upcoming Q3 earnings season.
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5h 13min ago
CAC 40 Down Slightly In Cautious Trade
French stocks are down marginally in lackluster trade Wednesday morning as investors largely refrain from making significant moves amid a lack of triggers. Political uncertainty and anxiety ahead of some crucial data, including U.S. non-farm payroll report appear to be rendering the mood cautious.
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5h 30min ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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5h 54min ago
DAX Modestly Higher; Teamviewer Soars On Results
The German market is up in positive territory Wednesday morning with select frontline stocks moving higher on fairly strong buying support.
Investors, digesting the nation's retail sales and factory orders data, are awaiting some crucial economic data from the U.S., including the jobs report, for clues on Federal Reserve's interest rate moves.
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6h 9min ago
German Factory Orders Fall Sharply In November
German factory orders declined notably in November due to the sharp decrease in orders for transport equipment, suggesting that the manufacturing sector remains deep in recession. New orders registered a monthly fall of 5.4 percent in November, Destatis reported Wednesday. The pace of decline deepened from 1.5 percent in October and was worse than economists' forecast of 0.3 percent drop.
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6h 11min ago
European Shares See Modest Gains In Cautious Trade
European shares were slightly higher on Wednesday despite worries about inflation and the outlook for interest rates.
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6h 34min ago
Asian Shares Mixed As Inflation Fears Return To Haunt
Asian stocks ended mixed on Wednesday as upbeat U.S. economic data released overnight led investors to scale back Fed rate cut bets.
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7h 3min ago
