Australia Trade Data Due On Thursday

RTTNews | 350 days ago
Stocktwits
Australia Trade Data Due On Thursday

(RTTNews) - Australia will on Thursday release August figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In July, imports were down 0.8 percent on month and exports rose 0.7 percent for a trade surplus of A$5.009 billion.

Hong Kong will provide August figures for retail sales; in July, sales were down 11.8 percent on year.

Australia and Japan will see September results for their respective services PMIs; in August, their scores were 52.5 and 53.7, respectively.

Finally, the markets in South Korea and China are closed on Thursday for the National Day holiday; South Korea returns to action on Friday, while China is off until Tuesday. Also, the markets in Taiwan are shuttered for the second straight day due to Typhoon Krathon.

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Technology Stocks Shine; TSX Up Nearly 0.5%

Technology Stocks Shine; TSX Up Nearly 0.5%

After opening marginally up, the Canadian market moved ahead Thursday morning, and remains firmly in positive territory a little before noon. Technology stocks have recovered from previous session's losses, contributing significantly to market's upmove.
RTTNews | 30 minutes ago
U.S. Leading Economic Index Falls Much More Than Expected In August

U.S. Leading Economic Index Falls Much More Than Expected In August

Leading U.S. economic indicators fell by much more than expected in the month of August, according to a report released by the Conference Board on Thursday. The Conference Board said its leading economic index slid by 0.5 percent in August after inching up by a revised 0.1 percent in July. Economists had expected the leading economic index to edge down by 0.1 percent.
RTTNews | 1h 37min ago
Philly Fed Index Surges To Eight-Month High In September

Philly Fed Index Surges To Eight-Month High In September

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September. The Philly Fed said its diffusion index for current general activity spiked to a positive 23.2 in September from a negative 0.3 in August, with a positive reading indicating growth. Economists had expected the index to rise to a positive 2.3.
RTTNews | 2h 18min ago
Bank Of England Holds Key Rate; Slows Quantitative Tightening

Bank Of England Holds Key Rate; Slows Quantitative Tightening

The Bank of England left its interest rate unchanged and softened its pace of quantitative tightening on Thursday, as policymakers were wary about risks to inflation in the U.K. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to maintain the bank rate at 4.00 percent.
RTTNews | 2h 19min ago
U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

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After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
RTTNews | 2h 22min ago
U.S. Weekly Jobless Claims Pull Back More Than Expected

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After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
RTTNews | 3h 39min ago
Positive Start Likely On Bay Street

Positive Start Likely On Bay Street

Canadian shares look headed for a positive start Thursday morning amid prospects of further easing by the Bank of Canada and the Federal Reserve this year. Weak oil and gold prices may weigh a bit and limit market's upside.
RTTNews | 4h 28min ago
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