Hong Kong Trade Data Due On Monday
(RTTNews) - Hong Kong will on Monday release April data for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In March, imports were up 5.3 percent on month and exports rose 4.7 percent for a trade deficit of HKD45.0 billion.
China will see April figures for industrial profits; in March, profits were up 4.3 percent on year.
Japan will provide April scores for its leading and coincident indexes; in March, they were down 0.7 percent on month and up 2.4 percent, respectively.
read more
U.S. Dollar Moves Modestly Lower Following Inflation Data
The value of the U.S. dollar index has moved modestly lower over the course of trading on Friday, as traders react to closely watched inflation data.
RTTNews
|
hace 1
Swiss Market Ends Slightly Higher
The Switzerland market shrugged off early weakness and moved modestly higher on Friday, tracking positive global cues. Investors continued to cheer Swiss National Bank's interest rate move, in addition to digesting U.S. personal consumption expenditure data.
RTTNews
|
hace 1
European Stocks Close Week On A Firm Note
European stocks closed higher on Friday, with several major markets hitting record highs, as investors continued to cheer China's stimulus announcements, and bet on hopes of more interest-rate cuts by central banks.
RTTNews
|
hace 1
U.S. Dollar Falls As Soft PCE Inflation Data Supports Rate Cut Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as PCE inflation cooled in August, raising the possibility of a 50 basis point rate cut by the Federal Reserve in November.
RTTNews
|
hace 1
Canadian Market Up Marginally In Cautious Trade
The Canadian market is up marginally on Friday with stocks turning in a mixed performance in cautious trade. Investors are digesting the latest batch of Canadian economic data, and reports on U.S. consumption expenditure, personal income & spending.
RTTNews
|
hace 1
Intel Reportedly Rejects Arm's Bid For Product Division
Chipmaker Intel Corp., which is in the midst of takeover speculation amid its struggling financial performance, rejected an approach from British chip firm Arm Holdings Plc for its product division, Bloomberg reported citing a person with direct knowledge of the matter. Intel replied that the product division is not for sale. On the Nasdaq, Intel shares were gaining around 1.5 percent...
RTTNews
|
hace 1
U.S. Consumer Sentiment Improves More Than Previously Estimated In September
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by more than previously estimated in the month of September. The University of Michigan said its consumer sentiment index for September was upwardly revised to 70.1 from a preliminary reading of 69.0. Economists had expected a more modest upward revision to 69.3.
RTTNews
|
hace 1
U.S. Consumer Prices Edge Higher In August, Annual Growth Slows More Than Expected
Consumer prices in the U.S. crept up in line with economist estimates in the month of August, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index inched up by 0.1 percent in August after rising by 0.2 percent in July.
RTTNews
|
hace 1
