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Eurozone Industrial Output Recovers In August

Eurozone industrial production recovered in August largely due to the rebound in capital goods and durable consumer goods output, data from Eurostat showed on Tuesday. Industrial output posted a monthly growth of 1.8 percent in August, reversing Julys 0.5 percent decline. The growth came in line with expectations. Despite the strongest rise in industrial output...

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Yen Rises Amid BoJ Rate Hike Uncertainty

The Japanese yen strengthened against other major currencies in the European session on Tuesday, following Bank of Japan Governor Kazuo Uedas dovish remarks and incoming Prime Minister Shigeru Ishibas unexpected resistance to additional rate increases. Optimism about the U.S. economic outlook, rising bets that the Bank of Japan will forgo raising interest rates again this...

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China Bourse May Extend Tuesdays Losses

The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just above the 3,200-point plateau and it may take further damage on Wednesday....

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