The Swiss franc weakened against most major currencies in the European session on Friday, as traders now cautiously look ahead to the release of closely watched readings on U.S. consumer price inflation later in the day. The data is not likely to impact forecasts for an interest rate cut by the U.S. Fed next month...
Australia will on Monday release July figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to rise 9.8 percent on year, steady from the June reading. Australia also will see Q2 data for business inventories and company gross operating profits. Inventories are expected to slip 0.5 percent on quarter...
After recording losses in the previous two sessions, the Canadian market ended on a positive note on Thursday despite paring a substantial portion of its intraday gains. The benchmark S&P/TSX Composite Index, which climbed about 210 points to 23,336.93, settled at 23,227.49, gaining 100.51 points or 0.43%. Canadian Imperial Bank of Commerce (CM.TO) rallied 5.5%...
Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, construction orders and housing starts, as well as August numbers for Tokyo inflation. The jobless rate is expected to hold steady at 2.5 percent, while...
The unemployment rate in Japan came in at a seasonally adjusted 2.7 percent in July, the Ministry of Internal Affairs and Communications said on Friday. That was above forecasts for 2.5 percent, which would have been unchanged from the June reading. The jobs-to-applicant ratio was 1.24, exceeding expectations for 1.23, which again would have been...
Consumer prices in the Tokyo region of Japan - considered a leading indicator for the nationwide trend - were up 2.5 percent on year in August, the Ministry of Internal Affairs and Communications said on Friday. That exceeded expectations for an increase of 2.3 percent and was up from 2.2 percent in July. Core CPI,...
The Singapore stock market rebounded again on Thursday, one day after halting the four-day winning streak in which it had gained more than 35 points or 1 percent. The Straits Times Index now sits just above the 3,400-point plateau although it may head south again on Friday. The global forecast for the Asian markets suggests...
Industrial production in Japan was up a seasonally adjusted 2.8 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday. That was shy of expectations for an increase of 3.6 percent following the 4.2 percent contraction in June. On a yearly basis, industrial production rose 2.7 percent. Upon the release...
The value of retail sales in Japan was up 2.6 percent on year in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 14.309 trillion yen. That missed forecasts for an increase of 2.8 percent and was down from 3.8 percent in June. Commercial Sales added 2.5 percent on...
Indian shares were modestly higher on Thursday despite weak cues from global markets as Nvidia Corp. earnings lacked the wow factor to impress investors. The benchmark S&P/BSE Sensex rose 180 points, or 0.2 percent, to 81,965 in early trade while the broader NSE Nifty index was up 49 points, or 0.2 percent, at 25,101. Paytm...