Thursday, September 19, 2024

Taiwan Central b=Bank Likely to Announce Another mild Rate Hike: Reuters Poll

Taiwan central bank
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Taiwan's central bank is expected to raise its policy rate again this week at the same mild pace as before, according to economists polled by Reuters, but as exports and inflation slow it may hold that rate steady next year to support the economy....

Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus

Dow futures
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U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little...

Philippines Main Airport Scrambles To Restore Normalcy After Power Cut

airport scrambles
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The Philippines' main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air traffic control, with authorities scrambling to resume full service after more than 300 flights were disrupted. The ageing Ninoy Aquino international airport was early...

Asia FX inches Higher Ahead of Powell speech, China optimism Fades

ASIA FX
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Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell, although weak economic data from China and uncertainty over the country’s COVID policy weighed on sentiment. Still, most regional units were set...

Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger

Japan Upgrades
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Japan's economy, the world's third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first...

Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips

Asia FX
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Most Asian currencies fell on Wednesday as the dollar steadied from a sharp tumble against the yen, while the Japanese currency retreated slightly from a four-month high as markets digested a surprise policy shift by the Bank of Japan. The yen fell 0.3% to...

China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin

China manufacturing
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Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country grappled with an unprecedented spike in COVID-19 cases after it relaxed some restrictions intended to prevent the spread of the virus. The Caixin Manufacturing...

Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation

Asia FX
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Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the Federal Reserve, although sentiment was somewhat lifted by softer-than-expected U.S. inflation data. Most regional units rose on Tuesday after...

Japan Set To Waive Some Visa Requirements In October To Boost Tourism

stock market
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Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries, and will scrap the daily entry cap of 50,000 people, the media outlet said. to waive visa requirements for certain tourists and remove a limit on daily arrivals...

MSCI Seeks Feedback On Adani Group Over Hindenburg Report

MSCI
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Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies of the Adani conglomerate - controlled by one of the world's richest men Gautam...