Australia Unemployment Data Due On Thursday
(RTTNews) - Australia will on Thursday release July figures for unemployment, highlighting a light day for Asia-Pacific economic activity.
The jobless rate is called steady at 3.5 percent, with the addition of 25,000 jobs following the addition of 88,400 jobs in June.
The central bank in the Philippines will wrap up its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to hike its benchmark lending rate by 50 basis points, from 3.25 percent to 3.75 percent.
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U.S. Dollar Rises On Hawkish FOMC Rate Outlook
The U.S. dollar strengthened against other major currencies in the European session on Wednesday, as traders await the minutes of the Federal Open Market Committee (FOMC) meeting, scheduled for release later in the day.
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5h 26min ago
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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6h 3min 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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6h 4min 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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6h 21min 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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6h 45min 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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7h 0min 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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7h 2min 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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7h 25min ago
