Japan Data On Tap For Monday

RTTNews | 10 days ago
Japan Data On Tap For Monday

(RTTNews) - Japan will release a batch of data on Monday, highlighting a busy day for Asia-Pacific economic activity. On tap are July figures for industrial production, retail sales, construction orders and housing starts.

In June, production was up 1.9 percent on month, while sales rose 0.6 percent on year, construction orders gained an annual 2.3 percent and housing starts jumped 18.6 percent on year.

South Korea will provide July data for industrial production and retail sales. In June, production was up 6.4 percent on month and 5.8 percent on yea, while sales were up 2.7 percent on month.

Australia will see July figures for private sector credit, August results for the inflation gauge from the Melbourne Institute and Q2 numbers for company gross operating profits. Credit was up 0.8 percent on month in June, while the inflation forecast in July was 1.0 percent. Operating profits were down 1.3 percent on quarter in Q1.

China will release August results for purchasing manager index data from the National Bureau of Statistics for its manufacturing, non-manufacturing and composite indexes; in July, their scores were 49.2, 49.0 and 49.3, respectively.

Hong Kong will see July data for retail sales; in June, sales were up 4.6 percent on year.

Thailand is scheduled to release July figures for imports, exports, trade balance and current account. In June, imports jumped 48.9 percent on year and exports climbed an annual 21.1 percent for a trade deficit of $2.70 billion. The current account showed a deficit of $3.50 billion.

New Zealand will see August results for the business confidence index from ANZ and the own activity index from NBNZ; in July, they were at 56.1 and 49.3 percent, respectively.

Finally, the markets in Malaysia are closed on Monday for National Day and will re-open on Tuesday.

read more
Oil Surge, ECB Rate Hike Weigh On European Market Sentiment

Oil Surge, ECB Rate Hike Weigh On European Market Sentiment

European equities declined Thursday as the European Central Bank raised interest rates by 25 basis points to 2.5% and increased inflation forecasts. Brent crude surged over 5.5% to $107 per barrel, amplifying inflation concerns across the continent.
RTTNews | 44 minutes ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025

U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025

A report released by the National Association of Realtors on Thursday showed an extended slump by existing home sales in the U.S. in the month of August. NAR said existing home sales dove by 2.0 percent to an annual rate of 3.98 million in August after tumbling by 1.7 percent to an annual rate of 4.06 million in July.
RTTNews | 3h 29min ago
U.S. Producer Prices Increase 0.4% In August, In Line With Estimates

U.S. Producer Prices Increase 0.4% In August, In Line With Estimates

Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand rose by 0.4 percent in August following a revised 0.1 percent uptick in July.
RTTNews | 3h 51min ago
U.S. Jobless Claims Unexpectedly Edge Down To 206,000

U.S. Jobless Claims Unexpectedly Edge Down To 206,000

The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended September 5th. The report said initial jobless claims edged down to 206,000, a decrease of 1,000 from the previous week's revised level of 207,000.
RTTNews | 4h 12min ago
Macy's Stock Drops On Cautious Q3 View, Despite Positive Q2 Results, Raised FY26 Outlook

Macy's Stock Drops On Cautious Q3 View, Despite Positive Q2 Results, Raised FY26 Outlook

Omni-channel fashion retailer Macy's, Inc., while reporting higher profit and comparable sales in its second quarter, on Thursday issued third-quarter forecast, expecting an adjusted loss and cautious comps. Further, the firm raised outlook for fiscal 2026. In pre-market activity on the NYSE, the shares were losing around 3.93 percent.
RTTNews | 5h 46min ago