Financial Digest

Asia markets poised for fall ahead of Japan trade balance and Australia unemployment figures

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Australia's unemployment figures will be a key consideration for the country's central bank when it decides its monetary policy in November.

The U.S. economy showed 'little or no change' over the past six weeks, the Federal Reserve reported Wednesday in its Beige Book report . Spending was described as 'mixed' while prices increased 'at a modest pace,' the report said.

Companies said they expect inflation to continue rising, thought at a slower pace. On employment, most areas saw 'slight to moderate increases' as firms hired 'less urgently.' More broadly, respondents expected economic growth ahead to be 'stable or having slightly weaker growth.' —Jeff Cox

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia markets poised for fall ahead of Japan trade balance and Australia unemployment figuresAustralia’s unemployment figures will be a key consideration for the country’s central bank when it decides its monetary policy in November.
Source: NBCLA - 🏆 319. / 59 Read more »