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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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German Unemployment Exceeds 3 Mln
Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
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U.S. PCE Price Index Increased In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.
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Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus
Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.
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Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus
Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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FTSE 100 Weak Again, Looks Headed For Weekly Loss
U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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French Stocks Mostly Subdued In Cautious Trade
The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
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