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China FDI Data On Tap For Monday
(RTTNews) - China will on Monday release November numbers for foreign direct investment, highlighting a light day for Asia-Pacific economic activity. In October, FDI was up 14.4 percent on year.
Australia will see October figures for job advertisements; in September, job ads were down 0.5 percent on month.
New Zealand will see Q4 numbers for the West Consumer Confidence Index and November figures for the Performance of Services Index from BusinessNZ. The consumer confidence index had a score of 87.6 in Q3, while the services index came in at 57.4 in October.
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Yen Slides Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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1h 7min ago
Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty
The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
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1h 8min ago
European Economic News Preview: UK Mortgage Approvals, Factory PMI Due
Mortgage approvals and final manufacturing Purchasing Managers' survey results from the UK are the major reports due on Thursday, while most of the European markets are closed for the Labor day holiday. At 2.30 am ET, Switzerland's Federal Statistical Office releases retail sales data for March. Sales are forecast o grow 1.9 percent on a yearly basis, following a 1.6 percent rise in February.
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1h 33min ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.
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1h 56min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Thursday.
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2h 7min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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2h 13min ago
Australian Market Turns To Modest Gains In Mid-market
The Australian market is turning its early losses to modest gains in mid-market moves on Thursday, extending the gains in the previous five sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,100 level, with gains in some technology stocks nearly offset by weakness in mining and energy stocks amid softer commodity prices.
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2h 53min ago
Asian Markets Mostly Higher In Holiday Trade
Asian stock markets are mostly higher on Thursday, following the mixed cues from Wall Street overnight, with most major markets in the region closed for Labor Day, including China. Traders booked some profits after the recent upside in markets and a report showing the U.S. economy unexpectedly shrank in the first three months of 2025 generated some optimism about the outlook for interest rates.
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3h 21min ago
