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Markets boosted by China-US truce extension, inflation in focus
Markets boosted by China-US truce extension, inflation in focus

CNA

time4 days ago

  • Business
  • CNA

Markets boosted by China-US truce extension, inflation in focus

HONG KONG: Stock markets mostly rose on Tuesday (Aug 12), with Tokyo hitting a record, as investors welcomed the extension of a China-United States tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day. US President Donald Trump's widely expected trade announcement avoids the reimposition of sky-high levies and allows officials from Washington and Beijing to continue talking into November to settle their standoff. In an executive order, the White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they "constitute an unusual and extraordinary threat to the national security and economy of the United States". However, William Yang, an analyst at the International Crisis Group, said: "Beijing will be happy to keep the US-China negotiation going, but it is unlikely to make concessions." With the president's tariffs set and talks with various trading partners ongoing, markets are now turning their focus back towards the possible economic outlook and the impact of Trump's trade war. First up is the US consumer price index (CPI) later in the day, which could play a major role in the Federal Reserve's decision-making with regard to interest rates. Bets on a cut have ramped up in recent weeks owing to signs that the world's number one economy is showing signs of slowing, with figures indicating that the labour market softened considerably in the past three months. Expectations are for CPI to come slightly above June's reading, but analysts warned investors were walking a fine line with a forecast-topping print likely to dent rate cut hopes and a too-weak read stoking economic fears. "I'd imagine, for equities at least, given the comfort blanket that the surge in September cut expectations has provided recently, that a hotter-than-expected figure could see some fairly sizeable downside," said Pepperstone's Michael Brown. While there have been warnings that the tariffs will stoke inflation, National Australia Bank's Ray Attrill said: "The larger tariff impacts ... probably will not be felt until August or September, with firms now only gaining some clarity on the degree of reciprocal tariffs. "The current profit reporting season has noted firms on the whole were waiting for greater clarity on final tariff rates before adjusting prices." Also on the agenda this week are wholesale prices and retail sales, with the Fed's favoured gauge of inflation at the end of the month. Bank officials are then set to make their decision in the middle of September. Forecasts are for a reduction at that gathering and one more before the end of the year. Asia's markets rally was led by Tokyo's Nikkei 225, which briefly soared almost three per cent to hit a record high of 42,999.71 on renewed optimism over the Japanese economy after officials reached a deal to avert the worst of Trump's tariffs. IwaiCosmo Securities said in a market commentary that "easing tensions over US-China trade talks, as well as speculation about the US's imminent lowering of (interest) rates" had helped boost investors' hopes about the recovery of Japanese companies. The gains came as traders returned to work after a long weekend. Hong Kong, Shanghai, Taipei, Mumbai, Jakarta and Manila also advanced with London, Paris and Frankfurt.

Stock market today: Global optimism rises as U.S.-China tariff truce eases trade tensions
Stock market today: Global optimism rises as U.S.-China tariff truce eases trade tensions

Economy ME

time4 days ago

  • Business
  • Economy ME

Stock market today: Global optimism rises as U.S.-China tariff truce eases trade tensions

Global stock markets showed signs of renewed optimism on Wednesday as investors across Asia, Europe, and the Americas responded positively to easing trade tensions and the anticipation of key inflation data from the United States. The extension of the U.S.-China tariff truce for another 90 days has contributed to a more confident market sentiment, providing additional time for negotiations between the world's two largest economies. In Asia, the region's markets largely advanced, led by Japan's Nikkei 225, which surged about 2.77 percent to 42,979 points, reaching a record high amid optimism on trade negotiations and strong corporate earnings. This rally reflects investor optimism around the tariff truce extension and strong corporate earnings performance. Australia's S&P/ASX 200 also hit a historic peak and currently stands around 8,821 points, with minor fluctuations as investors await the Reserve Bank of Australia's policy decision. China's CSI 300 index remains flat China's CSI 300 index was relatively flat, hovering near 3,666 points. Moreover, Hong Kong's Hang Seng index saw a slight decline, trading near 19,000 points with a minor drop of 0.1 percent reported earlier. Singapore's trade ministry upgraded its 2025 growth forecast to 1.5 percent to 2.5 percent, up from its previous projection of 0 percent to 2 percent, underscoring improved economic prospects in the region. The broader MSCI Asia-Pacific index edged slightly higher, while China's CSI 300 index remained flat and Hong Kong's Hang Seng experienced a minor decline of 0.1 percent in early trade. In Europe, stock markets maintained a steady course with optimism fueled by the U.S.-China trade developments and expectations of supportive monetary policy. Europe's main indexes showed positive movement with the FTSE 100 at about 9,130, DAX at approximately 24,139, and CAC 40 around 7,699 points, reflecting steady investor confidence. Read more | Stock market today: Asian shares rise as Nikkei futures trade near record high Dow, S&P 500, and Nasdaq reflect caution Across the Atlantic, U.S. markets closed slightly lower on Tuesday night as investors prepared for crucial inflation reports due later this week. The Dow Jones Industrial Average dropped 200 points (about 0.45 percent) to 34,975, the S&P 500 fell 0.25 percent to 6,373.45, and the Nasdaq Composite declined 0.3 percent to 21,385.40. Markets remain attentive to upcoming U.S. consumer price index (CPI) and producer price index (PPI) data, which are expected to heavily influence the Federal Reserve 's interest rate decisions in September. Economists caution that higher-than-expected inflation readings could delay anticipated rate cuts, contributing to some market uncertainty in the near term. Investor sentiment globally has been buoyed in recent weeks by resilient U.S. corporate earnings and the prospect of interest rate cuts. However, caution is prevalent as markets digest the ongoing implications of tariff adjustments and their impact on inflation and growth. The extensions of the tariff pause have preserved stability for now, but economic data will be crucial in shaping the next phase of market trends.

Middle Eastern Dividend Stocks To Consider In August 2025
Middle Eastern Dividend Stocks To Consider In August 2025

Yahoo

time4 days ago

  • Business
  • Yahoo

Middle Eastern Dividend Stocks To Consider In August 2025

As Gulf markets navigate a mixed landscape influenced by corporate earnings and U.S. inflation data, investors are keenly observing how monetary policy shifts in the U.S. could impact regional indices, particularly given the currency pegs to the dollar. In such an environment, dividend stocks can offer stability and income potential, making them an attractive consideration for those looking to balance risk with reliable returns amidst fluctuating market conditions. Top 10 Dividend Stocks In The Middle East Name Dividend Yield Dividend Rating Saudi Telecom (SASE:7010) 9.99% ★★★★★☆ Saudi National Bank (SASE:1180) 5.56% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 6.20% ★★★★★☆ Riyad Bank (SASE:1010) 6.49% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 6.10% ★★★★★☆ Emirates NBD Bank PJSC (DFM:EMIRATESNBD) 3.80% ★★★★★☆ Emaar Properties PJSC (DFM:EMAAR) 6.60% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 5.12% ★★★★★☆ Arab National Bank (SASE:1080) 6.00% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 6.94% ★★★★★☆ Click here to see the full list of 72 stocks from our Top Middle Eastern Dividend Stocks screener. Let's explore several standout options from the results in the screener. OYAK Çimento Fabrikalari Simply Wall St Dividend Rating: ★★★★☆☆ Overview: OYAK Çimento Fabrikalari A.S., along with its subsidiaries, is involved in the production and sale of clinker and cement in Turkey, with a market capitalization of TRY11.91 billion. Operations: OYAK Çimento Fabrikalari A.S. generates its revenue primarily through the production and sale of clinker and cement in Turkey. Dividend Yield: 4.1% OYAK Çimento Fabrikalari's dividend yield of 4.08% ranks in the top 25% of Turkish market payers, yet it faces challenges. Despite a reasonable payout ratio of 69%, dividends aren't covered by free cash flows and have been volatile over the past decade. Recent earnings show a slight decline, with second-quarter net income at TRY 2.56 billion compared to TRY 2.84 billion last year, raising concerns about dividend sustainability amidst fluctuating profits and high non-cash earnings. Navigate through the intricacies of OYAK Çimento Fabrikalari with our comprehensive dividend report here. Our valuation report unveils the possibility OYAK Çimento Fabrikalari's shares may be trading at a premium. Saudi Awwal Bank Simply Wall St Dividend Rating: ★★★★★☆ Overview: Saudi Awwal Bank, along with its subsidiaries, offers banking and financial services in the Kingdom of Saudi Arabia, with a market cap of SAR66.33 billion. Operations: Saudi Awwal Bank generates revenue through several segments, including Treasury (SAR2.05 billion), Capital Markets (SAR429.19 million), Wealth & Personal Banking (SAR4.08 billion), and Corporate and Institutional Banking (SAR7.08 billion). Dividend Yield: 6.2% Saudi Awwal Bank's dividend yield of 6.2% places it among the top 25% in Saudi Arabia, supported by a low payout ratio of 26.1%. However, its dividend history is marked by volatility over the past decade. Recent earnings reveal growth, with second-quarter net income rising to SAR 2.13 billion from SAR 2.02 billion a year ago. The bank's strategic issuance of SAR and USD denominated Sukuk strengthens its capital structure but suggests potential challenges in maintaining stable dividends long-term. Unlock comprehensive insights into our analysis of Saudi Awwal Bank stock in this dividend report. Our valuation report unveils the possibility Saudi Awwal Bank's shares may be trading at a discount. Alinma Retail REIT Fund Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Alinma Retail REIT Fund is a real estate investment trust focused on retail properties with a market cap of SAR533.36 million. Operations: The fund generates revenue from real estate rental, amounting to SAR187.74 million. Dividend Yield: 7.7% Alinma Retail REIT Fund trades at a significant discount to its estimated fair value and offers a high dividend yield of 7.71%, placing it in the top 25% of Saudi Arabia's market. Despite covering dividends with earnings (46.9% payout ratio) and cash flows (51.2%), its dividend history is unstable, marked by volatility over six years. Recent announcements include a SAR 21.24 million distribution for early 2025, reflecting ongoing commitment despite past inconsistencies in payments. Click to explore a detailed breakdown of our findings in Alinma Retail REIT Fund's dividend report. The analysis detailed in our Alinma Retail REIT Fund valuation report hints at an inflated share price compared to its estimated value. Next Steps Unlock more gems! Our Top Middle Eastern Dividend Stocks screener has unearthed 69 more companies for you to here to unveil our expertly curated list of 72 Top Middle Eastern Dividend Stocks. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. Looking For Alternative Opportunities? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include IBSE:OYAKC SASE:1060 and SASE:4345. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio

Middle Eastern Dividend Stocks To Consider In August 2025
Middle Eastern Dividend Stocks To Consider In August 2025

Yahoo

time4 days ago

  • Business
  • Yahoo

Middle Eastern Dividend Stocks To Consider In August 2025

As Gulf markets navigate a mixed landscape influenced by corporate earnings and U.S. inflation data, investors are keenly observing how monetary policy shifts in the U.S. could impact regional indices, particularly given the currency pegs to the dollar. In such an environment, dividend stocks can offer stability and income potential, making them an attractive consideration for those looking to balance risk with reliable returns amidst fluctuating market conditions. Top 10 Dividend Stocks In The Middle East Name Dividend Yield Dividend Rating Saudi Telecom (SASE:7010) 9.99% ★★★★★☆ Saudi National Bank (SASE:1180) 5.56% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 6.20% ★★★★★☆ Riyad Bank (SASE:1010) 6.49% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 6.10% ★★★★★☆ Emirates NBD Bank PJSC (DFM:EMIRATESNBD) 3.80% ★★★★★☆ Emaar Properties PJSC (DFM:EMAAR) 6.60% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 5.12% ★★★★★☆ Arab National Bank (SASE:1080) 6.00% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 6.94% ★★★★★☆ Click here to see the full list of 72 stocks from our Top Middle Eastern Dividend Stocks screener. Let's explore several standout options from the results in the screener. OYAK Çimento Fabrikalari Simply Wall St Dividend Rating: ★★★★☆☆ Overview: OYAK Çimento Fabrikalari A.S., along with its subsidiaries, is involved in the production and sale of clinker and cement in Turkey, with a market capitalization of TRY11.91 billion. Operations: OYAK Çimento Fabrikalari A.S. generates its revenue primarily through the production and sale of clinker and cement in Turkey. Dividend Yield: 4.1% OYAK Çimento Fabrikalari's dividend yield of 4.08% ranks in the top 25% of Turkish market payers, yet it faces challenges. Despite a reasonable payout ratio of 69%, dividends aren't covered by free cash flows and have been volatile over the past decade. Recent earnings show a slight decline, with second-quarter net income at TRY 2.56 billion compared to TRY 2.84 billion last year, raising concerns about dividend sustainability amidst fluctuating profits and high non-cash earnings. Navigate through the intricacies of OYAK Çimento Fabrikalari with our comprehensive dividend report here. Our valuation report unveils the possibility OYAK Çimento Fabrikalari's shares may be trading at a premium. Saudi Awwal Bank Simply Wall St Dividend Rating: ★★★★★☆ Overview: Saudi Awwal Bank, along with its subsidiaries, offers banking and financial services in the Kingdom of Saudi Arabia, with a market cap of SAR66.33 billion. Operations: Saudi Awwal Bank generates revenue through several segments, including Treasury (SAR2.05 billion), Capital Markets (SAR429.19 million), Wealth & Personal Banking (SAR4.08 billion), and Corporate and Institutional Banking (SAR7.08 billion). Dividend Yield: 6.2% Saudi Awwal Bank's dividend yield of 6.2% places it among the top 25% in Saudi Arabia, supported by a low payout ratio of 26.1%. However, its dividend history is marked by volatility over the past decade. Recent earnings reveal growth, with second-quarter net income rising to SAR 2.13 billion from SAR 2.02 billion a year ago. The bank's strategic issuance of SAR and USD denominated Sukuk strengthens its capital structure but suggests potential challenges in maintaining stable dividends long-term. Unlock comprehensive insights into our analysis of Saudi Awwal Bank stock in this dividend report. Our valuation report unveils the possibility Saudi Awwal Bank's shares may be trading at a discount. Alinma Retail REIT Fund Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Alinma Retail REIT Fund is a real estate investment trust focused on retail properties with a market cap of SAR533.36 million. Operations: The fund generates revenue from real estate rental, amounting to SAR187.74 million. Dividend Yield: 7.7% Alinma Retail REIT Fund trades at a significant discount to its estimated fair value and offers a high dividend yield of 7.71%, placing it in the top 25% of Saudi Arabia's market. Despite covering dividends with earnings (46.9% payout ratio) and cash flows (51.2%), its dividend history is unstable, marked by volatility over six years. Recent announcements include a SAR 21.24 million distribution for early 2025, reflecting ongoing commitment despite past inconsistencies in payments. Click to explore a detailed breakdown of our findings in Alinma Retail REIT Fund's dividend report. The analysis detailed in our Alinma Retail REIT Fund valuation report hints at an inflated share price compared to its estimated value. Next Steps Unlock more gems! Our Top Middle Eastern Dividend Stocks screener has unearthed 69 more companies for you to here to unveil our expertly curated list of 72 Top Middle Eastern Dividend Stocks. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. Looking For Alternative Opportunities? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include IBSE:OYAKC SASE:1060 and SASE:4345. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio

US stock futures higher ahead of inflation data
US stock futures higher ahead of inflation data

Yahoo

time5 days ago

  • Business
  • Yahoo

US stock futures higher ahead of inflation data

U.S. stock futures are higher, near record highs, ahead of inflation data this week. July's consumer price index this week is expected to rise. A Reuters poll of economists forecasts the annual rate at 2.8%, up from June's 2.7%. Investors will be watching to see if President Donald Trump's tariffs on imports are translating into higher prices. The June CPI report suggested tariffs were boosting the prices of some goods. At 6 a.m. ET, futures tied to the blue-chip Dow rose 0.22%, while broad S&P 500 futures added 0.10% and tech-laden Nasdaq futures gained 0.05%. The U.S. government takes a cut Semiconductor giants Nvidia and AMD will give the U.S. government 15% of their revenues from certain chips sold in China, the Financial Times reported. In return, the companies received export licenses to sell Nvidia's H20 and AMD's MI308 chips in China, according to the FT. Such a deal would be unprecedented. Separately, Nvidia refuted allegations from Chinese state media that its H20 artificial intelligence chips are a national security risk for China. Oil prices dip Oil prices fell last week as investors awaited talks between Russian president Vladimir Putin and Trump. The two presidents will discuss what it will take to stop the Ukraine-Russia war. The meeting raises expectations of a diplomatic end to the war. If the war ends, oil supply could increase on the world market as sanctions on Russian oil are lifted. Cryptocurrency El Salvador passed a law last week allowing financial institutions with over $50 million in capital to becom an investment bank and apply for crypto licenses and offer crypto-related services to investors with over $250,000 in liquid assets. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday morning. This article originally appeared on USA TODAY: US stock futures higher ahead of inflation data Sign in to access your portfolio

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