Financial News: Australia Data Due On Monday

Australia Data Due On Monday

12/01/2024 - 17:34:00 (RTTNews)

(RTTNews) - Australia is scheduled to release a batch of data on Monday, headlining a busy day for Asia-Pacific economic activity. On tap are October figures for building approvals and retail sales, November numbers for commodity prices and Q3 data for company operating profits.

Building approvals are tipped to add 1.2 percent on month, slowing from 4.4 percent in September. Retail sales are seen higher by 0.4 percent on month, up from 0.1 percent in the previous month. Commodity prices were down 7.8 percent on year in October. Profits are expected to add 0.6 percent on quarter after losing 5.3 percent in the three months prior.

Japan will see Q3 numbers for capital spending, with forecasts suggesting an increase of 6.7 percent on year - moderating from 7.4 percent in the previous three months.

Indonesia will provide November numbers for consumer prices, with overall inflation expected to add 0.26 percent on month and 1.50 percent on year following the 0.08 percent monthly increase and the 1.71 percent annual gain in October. Core CPI is seen higher by 2.21 percent on year, easing from 2.20 percent in the previous month.

Finally, a number of the regional nations will see December results for their respective manufacturing PMIs from S&P Global, including Australia (Judo) Indonesia, Japan (Jibun), Malaysia, the Philippines, South Korea, Taiwan, Thailand, Vietnam and China (Caixin).

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Manufacturing PMI Sinks To 48.8 In January - Jibun (04 min(s), 09 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to contract in January, and at a faster pa ...Full Story»

Australia Manufacturing PMI Improves To 49.8 In January - S&P Global (01 hr(s), 50 min(s), 09 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to contract in January, albeit at a sl ...Full Story»

Japan Rate Decision On Tap For Friday (02 hr(s), 10 min(s), 09 sec(s) ago)
(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce ...Full Story»

Treasury Announces Details Of Two-Year, Five-Year & Seven-Year Note Auctions (06 hr(s), 0 min(s),09 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

U.S. Crude Oil Inventories Dip Less Than Expected (06 hr(s), 09 min(s), 09 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. decreased by less than expected in the week ended Ja ...Full Story»

Eurozone Consumer Confidence Improves In January (09 hr(s), 01 min(s), 09 sec(s) ago)
(RTTNews) - Euro area consumer confidence grew for the first time in three months in January, but ...Full Story»

U.S. Weekly Jobless Claims Extend Rebound (10 hr(s), 07 min(s), 09 sec(s) ago)
(RTTNews) - After reporting a rebound by first-time claims for U.S. unemployment benefits in the p ...Full Story»

U.S. Weekly Jobless Claims Inch Up More Than Expected (11 hr(s), 0 min(s),09 sec(s) ago)
(RTTNews) - After reporting a rebound by first-time claims for U.S. unemployment benefits in the p ...Full Story»