China Industrial Profits Data Due On Tuesday
(RTTNews) - China will on Tuesday release August figures for industrial profits, headlining a very light day in Asia-Pacific economic activity.
In July, profits were up 0.80 percent on year and down 1.1 percent year-to-date.
South Korea will see September results for the central bank's consumer confidence index; in August, the index score was 88.8.
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Oil Futures Settle Sharply Higher On Inventory Drop, Supply Disruptions Concerns
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European Stocks Close On Firm Note On Encouraging Economic Data
European stocks closed higher on Wednesday as investors reacted to some encouraging economic data, including consumer price inflation data from the U.K. and the U.S.
The less than expected increase in U.S. consumer price inflation has raised hopes of rates cuts by the Federal Reserve.
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8h 35min ago
U.S. Dollar Falls As Core Inflation Slows
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U.S. Annual Core Consumer Price Growth Unexpectedly Slows In December
While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more than expected in the month of December, the report also showed an unexpected slowdown by the annual rate of core consumer price growth.
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Indonesia Unexpectedly Cuts Key Interest Rate To Boost Economic Growth
Indonesia's central bank unexpectedly lowered interest rates for the first time in five policy sessions, in a bid to boost the economic growth, citing the prospect of lower inflation this year and next.
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12h 43min ago
