China Loan Prime Rate Due On Monday
(RTTNews) - The People's Bank of China will announce its latest loan prime rate numbers, highlighting a light day for Asia-Pacific economic activity. The rate is expected to hold steady at 3.65 percent.
Malaysia will provide February numbers for imports, exports and trade balance. Imports are expected to rise 6.8 percent on year, up from 2.3 percent in January. Exports are called higher by an annual 4.5 percent, accelerating from 1.5 percent in the previous month. The trade surplus is pegged at MYR18.30 billion, up from MYR18.20 billion.
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European Shares Decline On Trade War Fears
European stocks were moving lower on Thursday following U.S. President Donald Trump's ambiguous tariff threats against Europe and amid confusion over the timing of planned duties on Canada and Mexico.
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5h 6min ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
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5h 26min ago
Asian Shares Mixed As Tariff Worries Weigh
Asian shares ended mixed on Thursday as U.S. President Donald Trump floated a 25 percent "reciprocal" tariff on European cars and other goods and signaled another month-long extension for looming levies on Canada and Mexico.
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5h 36min ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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5h 37min ago
UK Car Production Declines Sharply: SMMT
UK car production logged a double-digit decline in January reflecting weakness in key markets combined with planned model changeovers, the Society of Motor Manufacturers and Traders, or SMMT, said Thursday. In January, vehicle production slid 17.7 percent from a year ago. Factories rolled out 71,104 cars and 6,908 commercial vehicles.
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7h 35min ago
European Economic News Preview: Eurozone Economic Confidence Data Due
Economic sentiment survey results and monetary aggregates from the euro area are due on Thursday, headlining a busy day for the European economic news. At 3.00 am ET, the State Secretariat for Economic Affairs releases Swiss GDP data for the fourth quarter. The economy is forecast to grow 0.2 percent sequentially after rising 0.4 percent in the third quarter.
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8h 30min ago
European Shares Likely To Drift Lower As Transatlantic Tensions Rise
European stocks may drift lower on Thursday after U.S. President Donald Trump accused the European Union of cheating the United States, sparking tensions and threats of new tariffs.
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8h 31min ago
Sensex, Nifty Lack Direction; Financials Surge
Indian shares struggled for direction in early trade on Thursday due to prevailing uncertainty over U.S. President Donald Trump's trade policies and ongoing FII selling.
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9h 32min ago
