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Malaysia Trade Data On Tap For Wednesday
(RTTNews) - Malaysia will on Wednesday release March figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
Imports are expected to rise 1.7 percent on year, slowing from 12.4 percent in February. Exports are called lower by an annual 3.5 percent after climbing 9.8 percent in the previous month. The trade surplus is pegged at MYR19.80 billion, up from MYR19.80 billion a month earlier.
Japan will see final February numbers for industrial production, with no revision expected from the preliminary report that suggested an increase of 4.5 percent on month.
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Dollar Stays Weak Against Most Major Counterparts
The U.S. dollar stayed weak against most of its major counterparts on Thursday, although the decline was not any significantly pronounced.
Traders continued to track the developments on the tariff front, and digested the latest batch of economic data, and the European Central Bank's decision to lower interest rates once again.
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5s 43 dakika önce
Oil Futures Settle Slightly Higher
Oil futures settled slightly higher on Thursday after some wild swings amid uncertainty about the outlook for oil demand, and on possible excess supply in the market.
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7s 19 dakika önce
U.S. Dollar Weakens As Tariff Concerns Ease
The U.S. dollar declined against its major counterparts in the New York session on Thursday, as worries about tariffs eased following the Trump administration's decision to delay car tariffs for Canada and Mexico by a month.
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8s 10 dakika önce
Canadian Market Down Firmly In Negative Territory
The Canadian market is down sharply Thursday afternoon amid concerns the trade war with the U.S. could hurt growth and adversely impact corporate earnings.
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8s 25 dakika önce
Swiss Market Ends Moderately Lower
The Switzerland market ended weak on Thursday, after languishing in negative territory right through the day's session as worries about global growth due to stringent tariffs by the U.S. on imports from Canada and Mexico rendered the mood a bit bearish.
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8s 59 dakika önce
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Thursday as investors reacted to quarterly earnings updates and the European Central Bank's rate cut decision, while continuing to follow the developments on the tariff front.
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9s 35 dakika önce
ECB Lowers Rates, EZ Growth Outlook Amid Rising Uncertainty; Signals Pause Ahead
The European Central Bank cut its key interest rates for the fifth policy session in a row and also lowered the growth forecast for the euro area mainly due to prospects of weak exports and investment in the backdrop of high trade uncertainty amid the tariffs war, and signaled a pause in the easing cycle as policy is now deemed less restrictive.
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12s 1 dakika önce
U.S. Wholesale Inventories Climb Slightly More Than Expected In January
A report released by the Commerce Department on Thursday showed wholesale inventories in the U.S. increased by slightly more than expected in the month of January. The Commerce Department said wholesale inventories climbed by 0.8 percent in January after falling by a revised 0.4 percent in February.
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12s 32 dakika önce
