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Search resuls for: "Cole Bennetts"


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Asia markets all fall ahead of U.S. inflation data
  + stars: | 2023-08-10 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +1 min
The Sydney Opera House, foreground, and buildings in the financial district stand illuminated at dusk in Sydney, Australia Photographer: Cole Bennetts/Bloomberg via Getty ImagesAsia-Pacific markets fell as investors braced for July consumer price index data out from the U.S. on Thursday. Expectations from economists polled by Reuters are the inflation rate will come in at 3.3%, slightly higher from the 3% seen in June. Japan's Nikkei 225 slid 0.33% and the Topix was down 0.16%. The country saw its July wholesale inflation rate — which measures the price companies charge each other for goods and services — slow to 3.6%, down from a revised figure of 4.3% in June. Australia's S&P/ASX 200 traded just below the flatline, with South Korea's Kospi was down 0.43% and the Kosdaq lost 0.77%Futures for Hong Kong's Hang Seng index stood at 19,168, pointing to a lower open compared to the HSI's last close of 19,246.03.
Persons: Cole Bennetts, Australia's, Kospi Organizations: Sydney Opera House, Bloomberg, Getty Images, Reuters, Japan's Nikkei Locations: Sydney, Australia, Getty Images Asia, Pacific, U.S
The Sydney Opera House, foreground, and buildings in the financial district stand illuminated at dusk in Sydney, Australia Photographer: Cole Bennetts/Bloomberg via Getty ImagesAsia-Pacific markets are set to rise on Tuesday ahead of key economic releases in the region. Japan will release its retail sales data on Tuesday, which is expected come in higher at 4%, according to economists. In Australia, the S&P/ASX 200 rose 0.35% ahead of its January retail sales data release. Economists expect retail sales to come in at 1.5% higher compared to December. India will release its gross domestic product figures for the fourth quarter of 2022 later today, forecasted to show a 4.6% rise.
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