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New Zealand Inflation Data Due On Tuesday
(RTTNews) - New Zealand will on Tuesday release Q3 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
Inflation is expected to have risen 1.6 percent on quarter and 6.6 percent on year, easing from 1.7 percent on quarter and 7.3 percent on year in the three months prior.
The Reserve Bank of Australia will release the minutes from its monetary policy meeting on October 4.
At the meeting, the RBA raised its benchmark rate by a quarter-point - lifting the cash rate target by 25 basis points to 2.60 percent from 2.35 percent. This was the highest rate since mid-2013. The board also increased the interest rate on exchange settlement balances by 25 basis points to 2.50 percent.
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Japan Rate Decision On Tap For Thursday
The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
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1ч 6мин назад
Canadian Dollar Extends Gain Against Majors
The Canadian dollar extended gains against its major counterparts in the New York session on Wednesday.
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2ч 53мин назад
Pound Falls Against Most Majors
The pound weakened against its most major counterparts in the New York session on Wednesday.
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4ч 22мин назад
Swiss Market Ends On Positive Note
The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
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5ч 27мин назад
Major European Markets Close Higher As Investors React To Earnings, Economic Data
The major European markets closed higher on Wednesday amid easing trade tensions, and on largely encouraging quarterly results from several big name companies.
Investors also digested a slew of regional economic data, and U.S. GDP report.
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5ч 56мин назад
TSX Down Nearly 1% Despite Coming Off Early Lows
Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure.
Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
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6ч 40мин назад
German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months
Germany's consumer price inflation slowed for a second straight month in April to its lowest level in six months as energy prices continued to fall, but the core price growth accelerated for the first time since December as services cost growth increased, which warrants caution from the European Central Bank that is set to reduce interest rates further.
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6ч 50мин назад
U.S. Pending Home Sales Unexpectedly Spike 6.1% March
Partly reflecting a substantial increase in the South, the National Association of Realtors released a report on Wednesday showing an unexpected spike by pending home sales in the U.S. in the month of March. NAR said its pending home sales index surged by 6.1 percent to 76.5 in March after jumping by 2.1 percent to a revised to 72.1 in February.
RTTNews
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8ч 25мин назад
