adimin

New Zealand Trade Data Due On Tuesday

New Zealand will on Tuesday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. South Korea will see September numbers for producer prices; in August, producer prices were down 0.1 percent on month and up 1.6 percent on year. Hong Kong will provide September data for consumer...

Read More

Malaysia Bourse May Extend Mondays Losses

The Malaysia stock market on Monday ended the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,645-point plateau and the losses may accelerate on Tuesday. The global forecast for the Asian markets is negative with profit taking likely...

Read More

UK Budget Deficit Widens More Than Estimated

The UK budget deficit widened more than officially estimated in September and also hit the highest level for the month since 2021, the Office for National Statistics reported Tuesday. Public sector net borrowing increased to GBP 16.6 billion in September from GBP 14.5 billion in the previous year. This was the third highest September borrowing...

Read More

Asian Shares Mostly Lower As Yields Climb

Asian stocks ended broadly lower on Tuesday as Middle East tensions persisted and rising bond yields made investors rethink about rate cut chances. The dollar index remained elevated and approached the next psychological mark of 104, supported by strong U.S. treasury yields. Gold held near record levels amid geopolitical uncertainties and ahead of the U.S....

Read More

DAX Rises As SAP Raises Annual Outlook

German stocks traded higher on Tuesday after software giant SAP raised its full-year targets on a strong cloud business in the third quarter. The benchmark DAX was up 86 points, or 0.4 percent, at 19,548 after declining 1 percent in the previous session. SAP jumped 5.5 percent after raising its full-year outlook. Automakers BMW, Mercedes...

Read More