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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UK Jobless Rate Remains Unchanged; Wage Growth Cools
The UK unemployment rate remained unchanged and wage growth eased in the three months to July period, reflecting the softening labor market conditions, data from the Office for National Statistics revealed Tuesday. The unemployment rate 4.9 percent in the three months to July, the same rate as in the quarter ended June. The rate was forecast to rise to 5.0 percent.
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36 minutes ago
European Shares Set For Cautious Open
European stocks are seen opening on a cautious note on Tuesday as investors look ahead to monetary policy meetings of central banks, including the U.S. Federal Reserve, the Bank of England and the Bank of Japan this week.
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2h 40min ago
Indian Shares Modestly Higher In Cautious Trade As IT Stocks Surge
Indian stocks were modestly higher in early trade on Tuesday, with information technology shares leading the surge, after industry leaders called for a slowdown in the pace of AI development.
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4h 4min ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain concerned about the uncertainty in the Middle East conflict. Higher bond yields and soaring crude oil prices fueled global inflation concerns and indicated an imminent interest rate hike from the US Fed this week. Asian markets closed mostly lower on Monday.
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4h 59min ago
Indian Shares Seen Little Changed At Open
Indian shares are seen opening on a flat note on Tuesday as traders return to their desks after a long holiday weekend.
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5h 34min ago
Lower Open Expected For Thai Stock Market
The Thai stock market has moved lower in four straight sessions, retreating almost 30 points or 1.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's expected to spin its wheels again on Tuesday.
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6h 16min ago
Indonesia Bourse May See Continued Consolidation On Tuesday
The Indonesia stock market has finished lower in four straight sessions, sinking more than 150 points or 2.3 percent along the way. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's looking at another soft start again on Tuesday.
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6h 46min ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling well below the 63,400 level, with weakness in automakers and financial stocks partially offset by gains in index heavyweights.
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6h 52min ago
