Australia Building Approval Data Due On Thursday
(RTTNews) - Australia will on Thursday release December data for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 1.0 percent on month after sinking 9.0 percent in November.
Japan will provide January numbers for monetary base, with forecasts suggesting a decline of 3.2 percent on year following the 6.1 percent decline in the previous month.
South Korea will see January figures for consumer prices, with forecasts calling for an increase of 0.5 percent on month and 5.0 percent on year. That follows the 0.2 percent monthly increase and the 5.0 percent yearly gain in December.
read more
Swiss Market Settle Moderately Lower
The Switzerland market ended moderately higher on Tuesday, in line with markets across Europe, despite the U.S. clamping fresh tariffs on steel and aluminum imports.
RTTNews
|
Pred 6 h 50 min
European Stocks Close Higher Despite Trump's Fresh Tariffs
European stocks closed higher on Tuesday, and several major markets recorded fresh record highs or multi-month highs, as investors continued to focus on earnings and other corporate news.
RTTNews
|
Pred 7 h 32 min
U.S. Dollar Lower Against Euro, Pound
The U.S. dollar dropped against the euro and the pound in the New York session on Tuesday, as investors assessed the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
RTTNews
|
Pred 8 h 1 min
Powell Reiterates Fed Doesn't 'Need To Be In A Hurry' To Lower Interest Rates
Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking Committee on Tuesday, reiterating his belief that the central bank does "not need to be in a hurry" to adjust its policy stance.
RTTNews
|
Pred 10 h 26 min
BP Slips To RC Loss In Q4, Warns On Weak Production; Plans To Reset Strategy
British energy major BP Plc. reported Tuesday a replacement cost or RC loss in its fourth quarter, compared to prior year's profit, amid weak revenues. The company also warned on sequentially lower upstream production in its first quarter, and weak production in fiscal 2025.
RTTNews
|
Pred 11 h 53 min
BoE's Mann Says Loosening Labor Market Will Restrain Price & Wage Growth
A further loosening of the UK labor market will restrain the growth in wages and prevent second-round effects from setting in, even if the near-term inflation expectations increase, Bank of England policymaker Catherine Mann said Tuesday. In a speech, Mann said the current and likely continued weak demand conditions will lead to a further loosening of the labor market.
RTTNews
|
Pred 12 h 54 min
Bay Street Likely To Open On Flat To Negative Note
Canadian shares are likely to open on a flat to negative note Tuesday morning with investors assessing the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
RTTNews
|
Pred 13 h 2 min
FTSE Up Slightly In Cautious Trade; Entain Tanks 10%
After opening higher, U.K. stocks have turned a bit subdued in late morning trades on Monday as investors continue to asses Trump administration's tariff moves and how they could reshape international trade dynamics.
RTTNews
|
Pred 13 h 46 min
