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Australia Leading Index Data Due On Wednesday
(RTTNews) - Australia will on Wednesday see August results for the leading economic index from Westpac Bank, highlighting a light day for Asia-Pacific economic activity. In July, the index was down 0.2 percent on month.
New Zealand will release August numbers for credit card spending; in July, spending was up 4.9 percent on year.
Indonesia will see August figures for loan growth; in July, growth was at 10.71 percent.
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Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the European session on Friday.
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10 minutes ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the European session Friday.
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16 minutes ago
European Shares Rise As Oil Prices Ease After Recent Surge
European stocks traded higher on Friday as oil prices fell from recent highs and data showed the U.K. economy expanded at a faster pace in July, driven by services and industrial production.
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41 minutes ago
UK Economy Expands Unexpectedly
The UK economy expanded unexpectedly in July as artificial intelligence and cloud computing boosted services output, official data revealed Friday. Gross domestic product posted a monthly growth of 0.4 percent, following an increase of 0.3 percent in June and no growth in May, the Office for National Statistics reported. GDP was expected to remain flat in July.
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42 minutes ago
Asian Shares Retreat On Inflation Fears
Asian stocks fell sharply on Friday following a fourth straight session of losses on Wall Street.
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1h 11min ago
European Shares Set For Lackluster Open; US CPI Data Eyed
European stocks may struggle for direction at open on Friday as rising energy prices and Treasury yields added to concerns about the outlook for interest rates.
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4h 8min ago
Indian Shares Tumble Amid Geopolitical Concerns
Indian shares were sharply lower in early trade on Friday as crude oil prices soared amid escalating tensions in West Asia, raising worries about India's import bill, inflation and earnings.
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5h 14min ago
Australian Market Extends Early Strong Losses In Mid-market
The Australian stock market is extending its early strong losses in mid-market moves on Friday, adding to the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,700 level, with weakness in mining and technology stocks partially offset by gains in financial and energy stocks.
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6h 19min ago
