Japan Household Spending Data Due On Tuesday
(RTTNews) - Japan will on Tuesday release November numbers for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to fall 0.5 percent on month and rise 0.5 percent on year after gaining 1.1 percent on month and 1.2 percent on year in October.
Japan also will see December data for Tokyo inflation. In November, overall Tokyo inflation was up 3.8 percent on year and core CPI rose an annual 3.6 percent.
South Korea will provide November figures for its current account; in October, the current account surplus was $0.883 billion.
Malaysia will see unemployment data for November; in October, the jobless rate was 3.6 percent.
read more
German Construction Sector Continues To Shrink
Germany's construction sector remained firmly in contraction but the pace of fall softened in January, survey data from S&P Global revealed Thursday. The HCOB construction Purchasing Managers' Index rose to 42.5 in January from 37.8 in December. Although the score was firmly below the neutral 50.0 that separates growth from contraction, the reading was the highest since May 2023.
RTTNews
|
5h 27min ago
Commodity Currency's Slide As Crude Oil Prices Drop
The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Thursday, as the crude oil prices settled sharply lower after data showed a sharp jump in U.S. crude inventories last week.
RTTNews
|
5h 33min ago
DAX Rises Nearly 1% On Encouraging Earnings, Economic Data
German stocks are up in positive territory Thursday morning with investors reacting to a slew of earnings updates, and factory orders and construction PMI data, while continuing to assess the U.S. government's trade policies and tariff moves.
RTTNews
|
5h 40min ago
European Shares Rise As German Factory Orders Surge
European shares advanced on Thursday to hover near record levels as trade war fears eased and data showed Germany's factory orders rebounded at a much stronger than expected pace in December, largely driven by the manufacture of transport equipment.
RTTNews
|
5h 50min ago
Asian Shares Rise As Bond Yields Dip
Asian stocks rose broadly on Thursday as trade war fears eased and Treasury yields dipped on easing inflation concerns.
RTTNews
|
6h 19min ago
German Factory Orders Rebound In December
Germany's factory orders rebounded at a much stronger than expected pace in December largely driven by the manufacture of transport equipment. New orders increased 6.9 percent month-on-month in December, reversing a revised 5.2 percent fall in November, Destatis reported Thursday. Orders were forecast to grow only 1.9 percent.
RTTNews
|
6h 58min ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Thursday.
RTTNews
|
7h 39min ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
7h 44min ago
