Australia Home Loan Data Due On Friday
(RTTNews) - Australia will on Friday release March figures for home loans, highlighting a light day for Asia-Pacific economic activity. In February, loans were up 1.6 percent on month and investment lending added 1.2 percent.
Singapore will provide March data for retail sales; in February, sales were up 3.0 percent on month and 8.4 percent on year.
Hong Kong will see March numbers for retail sales; in February, sales were up 1.9 percent on year.
Finally, the markets in China remain shuttered for Labor Day, and will reopen on Monday. Japan is also off for Constitution Memorial Day.
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European Shares Seen Mixed At Open
European stocks may open on a mixed note Friday as investors react to China trade data and await the much-anticipated U.S. jobs report.
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hace 4h 8min
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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hace 4h 34min
Sensex, Nifty Open Higher Led By IT Stocks; RBI MPC Decision Eyed
Indian shares opened on a firm note Friday despite muted global cues and huge FII selling amounting to Rs 24,960 crores cumulatively during the last three days.
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hace 5h 32min
European Economic News Preview: German Industrial Production, Foreign Trade Data Due
Industrial production and foreign trade from Germany and house prices from the UK are the top economic news due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production and foreign trade for April.
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hace 5h 56min
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as the rate cut announcements by the European Central Bank and the Bank of Canada raised expectations of an interest rate cut by the US Fed in September, which could stimulate economic activity. The ECB has cut interest rate for the first time since September 2019.
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hace 6h 52min
Sensex, Nifty Likely To Open Higher Ahead Of RBI Rate Decision
Indian shares look set to open on a positive note Friday as investors cheer interest rate cuts from the European Central Bank and Bank of Canada and look ahead to the Reserve Bank of India's monetary policy announcement later today for directional cues. India's apex bank is widely expected to hold the repo rate unchanged at 6.5 percent.
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hace 7h 26min
Japanese Market Modestly Lower
Reversing the gains in the previous session, the Japanese stock market is modestly lower in choppy trading on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is falling to near the 38,600 level, with weakness across most sectors led by index heavyweights and exporter stocks.
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hace 7h 34min
Australian Market Notably Higher
Extending the gains in the previous two sessions, the Australian stock market is modestly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 7,800 level, with gains across most sectors led by mining and energy stocks amid a spike in commodity prices.
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hace 8h 31min
