FOREX TradingCharts.com

Financial News: Australia Rate Decision On Tap For Tuesday

Australia Rate Decision On Tap For Tuesday

07/06/2020 - 18:00:00 (RTTNews)

(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at the record low 0.25 percent.

Australia will also see June results for the Performance of Services Index from AiG; in May, the index score was 31.6.

South Korea will provide May figures for current account; in April, the current account deficit was $3.12 billion.

Japan will release May numbers for household spending and its leading and coincident indexes. Household spending is expected to rise 1.8 percent on month and tumble 12.2 percent on year after sinking 6.2 percent on month and 11.1 percent on year. In April, the leading index score was 77.7 and the coincident was at 80.1.

The Philippines will see June data for consumer prices; in May, overall inflation was up 0.1 percent on month and 2.1 percent on year, while core CPI jumped an annual 2.9 percent.

Taiwan will provide June numbers for inflation, imports, exports and trade balance. In May, inflation was down 0.12 percent on month and 1.19 percent on year and wholesale prices plunged an annual 11.6 percent.

Imports are expected to sink 5.25 percent on year after falling 3.5 percent in May. Exports are called lower by an annual 3.0 percent after slipping 2.0 percent in the previous month. The trade surplus is pegged at $4 billion, down from $4.72 billion a month earlier.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Producer Prices Climb 0.6% In July, Much More Than Expected (06 hr(s), 23 min(s), 47 sec(s) ago)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story»

India Industrial Production Falls For Fourth Month (06 hr(s), 44 min(s), 47 sec(s) ago)
(RTTNews) - India's industrial production fell for a fourth consecutive month in June, albeit ...Full Story»

U.S. Producer Prices Climb More Than Expected In July (07 hr(s), 03 min(s), 47 sec(s) ago)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story»

China's Bank Lending Declines In July (07 hr(s), 19 min(s), 47 sec(s) ago)
(RTTNews) - China's bank lending declined more-than-expected in July, data from the People' ...Full Story»

German ZEW Economic Confidence Strengthens Unexpectedly (08 hr(s), 28 min(s), 47 sec(s) ago)
(RTTNews) - Germany's economic confidence improved unexpectedly in August on hopes of a speedy ...Full Story»

South Africa Manufacturing Output Decline Slows In June (08 hr(s), 29 min(s), 47 sec(s) ago)
(RTTNews) - South Africa's manufacturing output declined at a softer pace in June as the Covid ...Full Story»

Japan Eco Watchers Current Conditions Improves; Outlook Falls (08 hr(s), 43 min(s), 47 sec(s) ago)
(RTTNews) - A measure of the public assessment of the Japanese economy rose for the third month in ...Full Story»

Latvia Trade Deficit Narrows In June (08 hr(s), 45 min(s), 47 sec(s) ago)
(RTTNews) - Latvia's trade deficit narrowed in June amid a fall in both the exports and import ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Producer Prices Climb 0.6% In July, Much More Than Expected

08/11/2020 - 09:17 AM (RTTNews)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story>>

India Industrial Production Falls For Fourth Month

08/11/2020 - 08:56 AM (RTTNews)
(RTTNews) - India's industrial production fell for a fourth consecutive month in June, albeit ...Full Story>>

U.S. Producer Prices Climb More Than Expected In July

08/11/2020 - 08:37 AM (RTTNews)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story>>

China's Bank Lending Declines In July

08/11/2020 - 08:21 AM (RTTNews)
(RTTNews) - China's bank lending declined more-than-expected in July, data from the People' ...Full Story>>

German ZEW Economic Confidence Strengthens Unexpectedly

08/11/2020 - 07:12 AM (RTTNews)
(RTTNews) - Germany's economic confidence improved unexpectedly in August on hopes of a speedy ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.