New Zealand Retail Card Sales Data Due On Thursday
(RTTNews) - New Zealand will on Thursday release August figures for electronic card retail sales, highlighting a light day for Asia-Pacific economic activity. In July, card sales were down 0.1 percent on month and 4.9 percent on year.
Japan will see August data for producer prices, with forecasts suggesting a flat monthly reading and an increase of 2.8 percent on year. That's down from 0.3 percent on month and 3.0 percent on year in July.
Hong Kong will provide Q2 numbers for industrial production and producer prices; in the three months prior, production was up 1.8 percent on year and producer prices rose 1.2 percent on year.
Thailand will see August results for its consumer confidence index; in July, the index score was 57.7.
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Canadian Market Moderately Lower In Cautious Trade
The Canadian market, which fell after a slightly positive start and a subsequent rise to a new record high Monday morning, continues to languish in negative territory in cautious trade and looks headed for a weak close.
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4h 17min ago
Swiss Market Ends Moderately Lower
The Switzerland market recovered and moved into positive territory after a weak start Monday morning, but retreated soon and spent the rest of the day's session in negative territory.
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5h 6min ago
European Stocks Close Lower After Cautious Session
European stocks closed lower on Monday as a lack of significant triggers, and rising tensions in the Middle East and uncertainty over the outcome of the upcoming U.S. presidential election rendered the mood cautious.
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5h 23min ago
U.S. Dollar Strengthens As Trump Leads In Polls
The U.S. dollar firmed against its major counterparts in the New York session on Monday, amid rising odds of former President Donald Trump winning the November election.
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5h 33min ago
ECB's Kazaks Says Falling Inflation, Weak Economy Allow For Lowering Rates Further
Eurozone inflation rates continue to fall and growth in the single currency economy remains sluggish, thus allowing for a gradual reduction in interest rates, European Central Bank Governing Council member Martins Kazaks said on Monday.
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7h 23min ago
U.S. Leading Economic Index Falls More Than Expected In September
The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators fell by more than expected in the month of September. The report said the leading economic index slid by 0.5 percent in September after falling by a revised 0.3 percent in August.
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8h 49min ago
Bay Street Likely To Open Higher On Firm Commodity Prices
The Canadian market may open higher Monday morning as some strong buying is likely in energy and materials sectors thanks to rising oil and metal prices.
However, the mood is likely to remain cautious amid persisting worries about tensions in the Middle East.
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10h 23min ago
ECB's Simkus Says Rates To Go Lower If Inflation Slows Further
The European Central Bank could cut interest rates further if inflation continues to slow and the economy remains sluggish, Governing Council member Gediminas Simkus said on Monday, but he refrained from predicting the December move.
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10h 38min ago
