Japan Current Account Data Due On Monday
(RTTNews) - Japan will on Monday release May figures for current account, highlighting a light day for Asia-Pacific economic activity. In April, the current account surplus was 2.051 trillion yen.
Japan also will see June results for bank lending and for the economy watchers index; in May, bank lending was up 3.0 percent on year, while the eco index had a score of 45.7.
Australia will provide May data for home loans; in April, loans were up 4.3 percent on month and investment lending rose 5.6 percent.
Indonesia will see June results for its consumer confidence index; in May, the index score was 125.2.
Finally, the markets in Malaysia are closed on Monday for the Islamic New Year; they will re-open on Tuesday.
read more
Dollar Turns In Mixed Performance Ahead Of Jobs Data
The U.S. dollar recovered from early losses on Thursday after fairly encouraging economic data dashed hopes of any aggressive interest rate cut by the Federal Reserve next week, but gave up gains as the day progressed with investors awaiting non-farm payroll data due on Friday, and the presidential election next week.
RTTNews
|
4h 55min ago
Canadian Market Headed For Weak Close
Disappointing earnings updates from U.S. tech majors Microsoft Inc., and Meta Platforms, anxiety ahead of U.S. presidential election and the Federal Reserve's monetary policy meeting, and weak commodity prices are weighing on the Canadian market.
RTTNews
|
6h 55min ago
Swiss Market Ends Weak Again
For the second consecutive day, the Switzerland market languished in red right through the day's session, as weak earnings updates from U.S. technology majors Microsoft Inc., and Meta Platforms, and weak euro zone inflation data hurt sentiment and sent stock prices drifting down south on Thursday.
RTTNews
|
7h 45min ago
Pound Falls After Autumn Statement
The pound weakened against its major counterparts in the New York session on Thursday, following the announcement of the nation's latest budget, which included tax rises and big spending plans.
RTTNews
|
7h 46min ago
European Stocks Close Notably Lower On Weak Earnings, Economic Data
European stocks closed notably lower on Thursday as disappointing earnings updates from U.S. tech majors Microsoft Inc., and Metal Platforms, and data showing a bigger than expected increase in euro zone inflation weighed on sentiment.
RTTNews
|
8h 1min ago
Eurozone Inflation Accelerates; Jobless Rate Steady At 6.3%
Eurozone inflation accelerated more than expected in October on food and energy prices but it remained within the target of the European Central Bank, bolstering the case for a gradual monetary policy easing. Another official data showed that the euro area unemployment rate remained unchanged at a record low in September.
RTTNews
|
11h 32min ago
Chicago Business Barometer Unexpectedly Slumps To Five-Month Low In October
MNI Indicators released a report on Thursday showing its reading on Chicago-area business activity unexpectedly tumbled to a five-month low in October. The report said MNI Indicators' Chicago business barometer slumped to 41.6 in October from 46.6 in September, with a reading below 50 indicating contraction. Economists had expected the business barometer to inch up to 47.0.
RTTNews
|
11h 36min ago
Uber Q3 Results Climb, Sees Growth In Q4 Gross Bookings; But Stock Drops
Uber Technologies, Inc. reported Thursday higher profit in its third quarter, benefited by significant unrealized gains and higher revenues. The rideshare and delivery network company also issued fourth -quarter outlook, expecting higher adjusted EBITDA and gross bookings. Meanwhile, Uber shares were losing around 8 percent in the early morning trading on the NYSE.
RTTNews
|
11h 39min ago
