Japan Leading Index Data Due On Wednesday
(RTTNews) - Japan will on Wednesday see March figures for its leading index, highlighting alight day for Asia-Pacific economic activity.
The index is expected to show a score of 97.9, down fractionally from 98.0 in February.
South Korea will provide March numbers for current account and April data for unemployment. The current account is expected to show a deficit of $0.80 billion following the $0.52 billion shortfall in February. The jobless rate is expected to ease to 2.6 percent from 2.7 percent in March.
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Japan Rate Decision On Tap For Friday
The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is expected to hike its benchmark lending rate by 25 basis points, to 1.25 percent from 1.00 percent.
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1h 9min ago
South Korea Producer Prices Rise 0.2% In August
Producer prices in South Korea were up a seasonally adjusted 0.2 percent on month in August, the Bank of Korea said on Friday - following the 0.4 percent contraction in July.
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2h 0min ago
U.S. Dollar Ends Roughly Flat Amid Easing Inflation Concerns After Crude Oil Slides
The U.S. Dollar value ended nearly flat on Thursday after crude oil prices tumbled following U.S. President Donald Trump's statement on Iran talks while investors continued to assess yesterday's interest rate hike in the U.S.
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2h 8min ago
Canadian Market Up Firmly, Set To End On Strong Note
The Canadian market remained firmly up in positive territory Thursday afternoon, thanks largely to hectic buying in the materials sector.
A drop in U.S. Treasury yields and weak oil prices following the Federal Reserve's interest rate hike and hopes that the central bank will strive to rein in inflation lifted investor sentiment.
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4h 17min ago
Swiss Market Ends On Firm Note Again
The Switzerland market's benchmark index SMI closed on a firm note on Thursday after staying positive throughout the session, as oil prices and bond yields dropped following a rate hike by the Federal Reserve and hopes that the central bank will strive to rein in inflation.
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4h 52min ago
European Markets Close Higher As Oil, Bond Yields Drop After Fed Rate Hike
European equities closed higher Thursday as falling oil prices and declining bond yields followed the Federal Reserve's 25 basis point rate increase. The Stoxx 600 gained 0.86%, with miners and energy stocks leading gains across major indexes.
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5h 26min ago
U.S. Pending Home Sales Rebound From Six-Month Low In August
A report released by the National Association of Realtors on Thursday showed a modest rebound in pending home sales in the month of August. NAR said pending home sales index rose by 0.3 percent to 71.2 in August after tumbling by 2.6 percent to a revised 71.0 in July. Economists had expected pending home sales to climb by 0.5 percent.
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8h 20min ago
Philly Fed Index Pulls Back Off Five-Year High In September
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a smaller-than-expected pullback by its reading on regional manufacturing activity in the month of September. The Philly Fed said its diffusion index for current general activity fell to 37.8 in September after climbing to 47.4 in August, although a positive reading still indicates growth.
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8h 31min ago
