China Loan Prime Rate Due On Monday
(RTTNews) - The People's Bank of China will announce its latest loan prime rate numbers, highlighting a light day for Asia-Pacific economic activity. The rate is expected to hold steady at 3.65 percent.
Malaysia will provide February numbers for imports, exports and trade balance. Imports are expected to rise 6.8 percent on year, up from 2.3 percent in January. Exports are called higher by an annual 4.5 percent, accelerating from 1.5 percent in the previous month. The trade surplus is pegged at MYR18.30 billion, up from MYR18.20 billion.
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Bay Street Seen Opening Higher
Canadian shares may open higher on Thursday, on strong results from Royal Bank of Canada and higher crude oil prices.
Weak bullion prices, and worries about U.S. tariffs may hurt sentiment and limit market's upside.
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Pound Rises As Traders Await Trump-Starmer Meet
The British pound strengthened against other major currencies in the European session on Thursday, as the U.S. President Donald Trump and British Prime Minister Keir Starmer are expected to meet and then have a joint press conference.
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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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Eurozone Economic Confidence Rises To 5-Month High
Eurozone economic confidence strengthened to a five-month high in February on improvements in industry and among consumers, a closely watched survey revealed Thursday. The economic confidence index registered 96.3 in February, up from 95.3 in the previous month, survey data from the European Commission revealed. The reading was above economists' forecast of 96.0.
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FTSE 100 Modestly Higher On Earnings
U.K. stocks are up in positive territory Thursday morning, outperforming peers, as investors react to a slew of earnings updates. Worries about global economic growth in the wake of fresh tariff threats by U.S. President Donald Trump limit market's upside a bit.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Thursday.
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Sensex, Nifty End Narrowly Mixed; Financials Surge
Indian shares ended a choppy session little changed on Thursday as the dollar and Treasury yields climbed on concerns over U.S. trade tariffs on Europe, Canada, and Mexico.
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CAC Modestly Lower On Weak Global Cues; Engie Rises On Upbeat Earnings
The French stock market is down in negative territory Thursday morning as fresh tariff threats by U.S. President Donald Trump render the mood bearish. The market is also digesting a slew of corporate earnings updates.
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