Financial News: Australia Data On Tap For Tuesday

Australia Data On Tap For Tuesday

06/03/2024 - 18:04:00 (RTTNews)

(RTTNews) - Australia is scheduled to release a batch of data on Tuesday, headlining a light day for Asia-Pacific economic activity, On tap are April figures for retail sales and Q1 data for current account and company profits.

Retail sales are expected to add 0.1 percent on month after slipping 04 percent in March. The current account is tipped to show a surplus of A$5.9 billion, down from A$11.8 billion in the previous three months. Company profits are seen lower by 0.9 percent on quarter after climbing 7.4 percent in the three months prior.

Japan will see May results for its monetary base, with forecasts suggesting an increase of 2.2 percent on year - up from 1.8 percent in April.

South Korea will provide May data for consumer prices, with forecasts suggesting an increase of 0.2 percent on month and 2.8 percent on year. That follows the flat monthly reading and the 2.9 percent increase in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Atlanta Fed Sees U.S. Q3 GDP Growth At 2.8% (08 hr(s), 15 min(s), 30 sec(s) ago)
(RTTNews) - The Atlanta Fed released its initial estimate for the third quarter growth based on it ...Full Story»

U.S. Consumer Sentiment Index Dips Slightly Less Than Previously Estimated In July (10 hr(s), 06 min(s), 30 sec(s) ago)
(RTTNews) - The University of Michigan released revised data on Friday showing consumer sentiment ...Full Story»

U.S. Consumer Prices Inch Up 0.1% In June, In Line With Estimates (11 hr(s), 03 min(s), 30 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept up in line with economist estimates in the month of ...Full Story»

Spain Jobless Rate Lowest Since 2008 (11 hr(s), 17 min(s), 30 sec(s) ago)
(RTTNews) - Spain's unemployment rate fell to the lowest level in nearly 16 years in the secon ...Full Story»

Denmark Retail Sales Fall 0.1% (11 hr(s), 25 min(s), 30 sec(s) ago)
(RTTNews) - Danish retail sales decreased slightly in June after recovering in the previous month, ...Full Story»

Hungary Jobless Rate Falls To 4.3% (11 hr(s), 41 min(s), 30 sec(s) ago)
(RTTNews) - Hungary's unemployment rate decreased slightly during the April-June period, data ...Full Story»

U.S. PCE Price Index Inches Higher In June, Annual Growth Slows To 2.5% (11 hr(s), 50 min(s), 30 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept up in line with economist estimates in the month of ...Full Story»

Russia Central Bank Hikes Rate By 200 Bps (12 hr(s), 03 min(s), 30 sec(s) ago)
(RTTNews) - Russia's central bank raised its benchmark rate by 200 basis points on Friday amid ...Full Story»