South Korea Interest Rate Decision Due On Friday
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 3.50 percent.
Japan will release September figures for its M2 money stock, with forecasts suggesting an increase of 1.5 percent on year - up from 1.3 percent in August.
Malaysia will see August figures for industrial production; in July, production was up 5.3 percent on year.
Finally, the markets in Hong Kong are closed on Friday for the Double Ninth Festival and will re-open on Monday.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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8h 22min ago
Eurozone Economic Confidence Rises Unexpectedly
Eurozone economic confidence rose unexpectedly in November on improving sentiment among industrial managers and retailers, survey results from the European Commission revealed on Thursday. The economic confidence index rose slightly to 95.8 in November from 95.7 in the previous month. The score was expected to fall to 95.1.
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9h 13min ago
Sensex Plunges 1,190 Points; Nifty Nears 23,900 On F&O Expiry
Indian shares ended sharply lower on Thursday after a modest start.
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9h 31min ago
European Markets Rebound Led By Technology Stocks
European shares rebounded on Thursday, with technology stocks rising after reports emerged that U.S. restrictions on sales of semiconductor technology and AI memory chips to China would not be as severe as previously expected.
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10h 48min ago
Asian Shares Mixed; Chinese And Hong Kong Markets Underperform
Asian stocks ended mixed in thin cautious trade on Thursday amid the Thanksgiving holiday in the U.S.
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11h 17min ago
Indian Rupee Falls To 6-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Thursday.
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11h 24min ago
European Shares Set To Open On Firm Note
European stocks look set to open higher on Thursday, though trading volumes may remain thin due to the Thanksgiving Day holiday in the U.S.
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14h 21min ago
European Economic News Preview: German Flash Inflation Data Due
Flash consumer prices from Germany and Spain and monetary aggregates from the euro area are due on Thursday. At 3.00 am ET, Spain's INE releases flash consumer prices data for November. Inflation is expected to rise to 2.3 percent from 1.8 percent in October.
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14h 50min ago
