BoJ Minutes On Tap For Thursday
(RTTNews) - The Bank of Japan will on Thursday release the minutes from its monetary policy meeting on July 30-31, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the BoJ raised its benchmark rate by 15 basis points and also announced its plan to reduce bond purchases to around JPY 3 trillion by the first quarter of 2026.
Singapore will provide August figures for industrial production; in July, production was up 10.1 percent on month and 1.8 percent on year.
Hong Kong will see August data for imports, exports and trade balance. In July, imports were up 9.9 percent on month and exports jumped 13.1 percent for a trade deficit of HKD21.8 billion.
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China Exports Log Stronger-Than-Expected Growth
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European Markets Seen Opening Weak
Stock markets in Europe are expected to open on a negative note on Monday amidst caution ahead of the release of CPI numbers from the U.S. on Wednesday.
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Frozen Chicken & Cheese Taquitos Sold At ALDI Stores Recalled
Valencia, California-based Bestway Sandwiches Inc. has called back around 24,870 pounds of frozen chicken and cheese taquito products citing the potential to be contaminated with foreign material, specifically metal, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS.
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Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Monday, following the broadly negative cues from Wall Street on Friday, as stronger than expected US employment data weighed heavily on the outlook for interest rates. It raised concerns the US Fed will likely hold interest rates at current levels or slow down the pace of reductions. Rising bond yields also hurt. Asian markets closed mostly lower on Friday.
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Indian Shares Likely To Open Lower On Weak Global Cues
Lower GIFT Nifty futures, and weak global cues amid uncertainty about the outlook for interest rate cuts by the Federal Reserve following upbeat non-farm payroll data point to a negative start for Indian shares on Monday.
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8 h 39 min atrás
Australian Market Drifts Further Lower In Mid-market
The Australian stock market is drifting further lower in mid-market trading on Monday, also adding to the losses in the previous two sessions, with the benchmark S&P/ASX 200 index falling well below the 8,200.00 level, with weakness in financial and technology stocks, partially offset by gains in mining and energy stocks amid spiking commodity prices.
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9 h 7 min atrás
Thai Stock Market Expected To Open In The Red
The Thai stock market on Friday snapped the two-day slide in which it had stumbled almost 30 points or 2.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it figures to head south again on Monday.
RTTNews
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9 h 48 min atrás
