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Hong Kong Export Data Due On Monday
(RTTNews) - Hong Kong will on Monday see March figures for imports and exports, highlighting a very light day for Asia-Pacific economic activity.
In February, imports were up 11.8 percent on month and exports climbed 15.4 percent on month.
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Asian Shares Mixed As China's Factory Activity Contracts
Asian stocks ended mixed on Wednesday after a slew of U.S. companies suspended or tweaked their full year guidance and regional factory activity data disappointed.
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30 minutes ago
German Economy Recovers On Spending, Investment
The German economy recovered in the first quarter driven by higher private consumption and investment, flash data from Destatis revealed on Wednesday. Gross domestic product grew 0.2 percent sequentially, offsetting the 0.2 percent fall in the preceding quarter. The rate also matched economists' expectations. The calendar-adjusted GDP posted an annual fall of 0.2 percent.
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38 minutes ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.
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1h 33min ago
UK House Prices Fall More Than Expected
UK house price declined more than expected in April following the end of stamp duty holidays, data from the Nationwide Building Society showed Wednesday. House prices logged a monthly drop of 0.6 percent after remaining flat in March. The decline was worse than economists' forecast of 0.1 percent. On a yearly basis, house price growth eased to 3.4 percent from 3.9 percent in the previous month.
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1h 36min ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
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1h 42min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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1h 54min ago
China Manufacturing Activity Shrinks On Weak Exports
China's manufacturing activity contracted in April as tariff threats damped export orders, official purchasing managers' survey data from the National Bureau of Statistics revealed Wednesday. The official manufacturing PMI slid to 49.0 in April from 50.5 in March. This was the lowest score in 16 months and also remained below forecast of 49.7.
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2h 0min ago
French Economy Recovers In Q1
The French economy avoided a technical recession in the first quarter with a marginal expansion, official data revealed on Wednesday. Gross domestic product grew 0.1 percent from the fourth quarter, when the economy shrank 0.1 percent, flash data from the statistical office INSEE revealed. The rate came in line with expectations.
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3h 19min ago
