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Japan Producer Price Data Due On Thursday
(RTTNews) - Japan will on Thursday release July figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are tipped to add 0.2 percent on month and 3.5 percent on year after easing 0.2 percent on month and rising 4.1 percent on year in June.
Malaysia will see unemployment data for June, with forecasts suggesting that the jobless rate will hold steady at 3.5 percent.
Australia will the inflation forecast for August from the Melbourne Institute; in July, inflation was seen higher by 5.2 percent on year.
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U.S. Dollar Falls Against Euro, Pound
The U.S. dollar fell against the euro and the pound in the New York session on Friday.
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vor 1 Tagen
Swiss Market Ends On Weak Note
Save for a brief while around mid morning when it edged slightly above the flat line, Switzerland's benchmark index SMI remained in negative territory on Friday amid concerns about high tech valuation and fading hopes of an interest rate cut by the Federal Reserve next month.
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European Markets Close Weak On Growth Concerns, Fading Fed Rate Cut Hopes
European stocks closed weak on Friday amid concerns about high tech valuations, and fading hopes of a Federal Reserve rate cut next month following hawkish comments from a few central bank officials.
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vor 1 Tagen
Canadian Market Rebounds From Early Setback; Technology, Energy Stocks Rise
After opening with a big negative gap and dropping further down into the red Friday morning, the Canadian benchmark S&P/TSX Composite Index recovered gradually and was up modestly above the flat line a little past noon.
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Bay Street Likely To Open On Weak Note
Lower Canadian and U.S. futures and weak metal prices point to a negative open for stocks on Bay Street Friday morning. Energy stocks may find some support thanks to higher crude oil prices and help limit the downside.
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vor 2 Tagen
FTSE 100 Down Sharply As Bond Yields Climb Higher
UK stocks are falling on Friday with bond yields rising amid speculation Chancellor Rachel Reeves may backtrack on budget plans. The possibility of the Bank of England refraining from cutting interest rates due to fiscal concerns has raised concerns about fiscal and economic outlook.
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vor 2 Tagen
CAC 40 Sheds About 1.3% On Economic Concerns
French stocks are showing weakness on Friday, retreating from record highs hit in the previous session, as concerns about high tech valuations outweighed the positive news about the end of the longest government shutdown in United States history.
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vor 2 Tagen
DAX Down Over 1% On Economic Worries; Allianz, Siemens Energy Up Sharply On Earnings
German stocks are down in negative territory on Friday, weighed down by concerns about high valuations in the tech sector, and some uncertainty about the Federal Reserve's policy moves.
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vor 2 Tagen
