Australia Building Approval Data Due On Tuesday
(RTTNews) - Australia will on Tuesday release November numbers for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to slip 0.9 percent on month after climbing 4.2 percent in October.
Taiwan will provide December figures for consumer prices; in November, overall inflation was up 0.10 percent on month and 2.08 percent on year.
Japan will see December data for its monetary base, with forecasts suggesting a decline of 0.2 percent on year following the 0.1 percent contraction in November.
read more
TSX Modestly Higher, Looks Set To End On Firm Note
The Canadian market is modestly higher Wednesday afternoon thanks to technology and materials stocks. Healthcare, communications, consumer discretionary and utilities stocks are among the notable losers.
RTTNews
|
6h 52minuter sedan
Fed Officials Prefer Careful Approach To Rate Decisions Amid Inflation Risks
Many Federal Reserve officials believe a careful approach to interest rate decisions will be necessary over the coming quarters, according to the minutes of the central bank's December monetary policy meeting. The minutes said the careful approach will be needed due to a variety of factors, including increased upside risks to the outlook for inflation.
RTTNews
|
7h 12minuter sedan
Swiss Market Ends Modestly Higher
After a good spell till an hour past noon, Swiss stocks retreated, but emerged higher in the final hour thanks to selective buying to end the day's session on a positive note.
RTTNews
|
7h 53minuter sedan
European Stocks Close Lower On Weak Economic Data
European stocks closed weak on Wednesday, weighed down by data showing a drop in eurozone economic sentiment in the month of December, and decline in German retail sales and factory orders.
RTTNews
|
8h 12minuter sedan
Euro Falls On Tariff Concerns
The euro dropped against its most major counterparts in the New York session on Wednesday on concerns that implementation of new tariffs by the incoming Donald Trump administration could lift inflation.
RTTNews
|
8h 37minuter sedan
U.S. Wholesale Inventories Dip 0.2% In November, In Line With Estimates
Wholesale inventories in the U.S. dipped in line with estimates in the month of November, the Commerce Department revealed in a report released on Wednesday. The Commerce Department said wholesale inventories slipped by 0.2 percent in November, matching the preliminary estimate as well as economists' expectations.
RTTNews
|
11h 29minuter sedan
U.S. Jobless Claims Unexpectedly Slip To Nearly Eleven-Month Low
With the more closely watched monthly jobs report looming, the Labor Department released a report on Wednesday unexpectedly showing another modest decrease by first-time claims for U.S. unemployment benefits in the week ended January 4th. The report said initial jobless claims slipped to 201,000, a decrease of 10,000 from the previous week's unrevised level of 211,000.
RTTNews
|
12h 8minuter sedan
U.S. Private Sector Job Growth Slows More Than Expected In December
Private sector employment in the U.S. increased by less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. The report said private sector employment rose by 122,000 jobs in December after climbing by 146,000 jobs in November. Economists had expected private sector employment to grow by 140,000 jobs.
RTTNews
|
12h 46minuter sedan
