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New Zealand Card Retail Sales Data Due On Tuesday
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(RTTNews) - New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. In March, sales sank 0.8 percent on quarter and 1.6 percent on year.
Japan will provide April numbers for producer prices, with forecasts suggesting an increase of 0.2 percent on month and 4.0 percent on year - easing from 0.4 percent on month and 4.2 percent on year in March.
Australia will see Q1 data for wage prices; in the three months prior, wage prices were up 0.7 percent on quarter and 3.2 percent on year.
South Korea will release April numbers for unemployment; in March, the jobless rate was 2.9 percent.
Finally, the markets in Indonesia remain closed on Tuesday for Wesak Day.
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Canadian Dollar Drops Against Majors
The Canadian dollar weakened against most major currencies in the Asian session on Thursday.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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European Markets Seen Opening Weak On Thursday
Stock markets in Europe are expected to open on a weak note on Thursday amidst fading enthusiasm regarding the de-escalation in global trade tensions. Absence of fresh catalysts on the trade front, a cooling tech rally as well as anxiety ahead of a speech by Fed Chair Jerome Powell are also expected to keep market sentiment muted.
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Sensex, Nifty Recover After Early Setback, Up Modestly Amid High Volatility
After a weak start and a subsequent drop to lower levels, Indian stocks recovered well Thursday morning, lifting the benchmark indices Sensex and the Nifty50 well above the flat line.
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European Economic News Preview: UK GDP & Foreign Trade Data Due
First quarterly GDP estimates and foreign trade from the UK and flash GDP and employment from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK GDP, industrial output and foreign trade figures. The economy is expected to remain flat on month in March after expanding 0.5 percent in February.
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Australian Market Turns To Modest Gains In Mid-market
The Australian market is turning its early losses to modest gains in mid-market on Thursday, after being in the red most of the morning session, extending the gains in the previous six sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,300 level, with gains in financial and technology stocks nearly offset by weakness in mining stocks.
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hace 4h 40min