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New Zealand Trade Data Due On Monday
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(RTTNews) - New Zealand will on Monday release December data for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
In November, imports were worth NZ$8.54 billion and exports were at NZ$6.68 billion for a trade deficit of NS$1,863 million.
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Asian Shares Mostly Lower As Investors Look For Clarity On Tariff Impact
Asian stocks ended mostly lower on Friday as Japanese GDP data disappointed and investors awaited clarity on how the global economy would be impacted by U.S. tariffs on its trading partners.
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NZ Dollar Rebounds Against Majors
The New Zealand dollar rebounded from recent lows against other major currencies in the Asian session on Friday.
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Malaysia GDP Growth Softens As Estimated
Malaysia's economic growth slowed to the weakest in a year in the first quarter, as estimated, and the economy is projected to log weaker growth this year than the official estimate due to trade tensions. Gross domestic product advanced 4.4 percent on a yearly basis in the first quarter, slower than the revised 4.9 percent growth posted in the fourth quarter, data from the Bank Negara Malaysia re
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Australian Dollar Recovers Against Majors
The Australian dollar recovered from recent lows against other major currencies in the Asian session on Friday.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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European Shares Seen Flat To Higher At Open
European stocks are seen opening flat to slightly higher on Friday as investors look for the next trigger to move markets.
A day after U.S. President Donald Trump announced that India has offered to "literally charge us no tariffs" on American goods, India's External Affairs Minister S Jaishankar labelled the talks "complicated' and warning "nothing is decided till everything is…"
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European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade from the euro area and unemployment from France are due on Friday, headlining a light day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes unemployment data for the first quarter. The jobless rate is forecast to rise to 7.4 percent from 7.3 percent a quarter ago.
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Sensex, Nifty Modestly Lower On Weak Asian Cues
Indian shares were a tad lower on Friday, tracking weak cues from other Asian markets.
The benchmark S&P BSE Sensex was down 195 points, or 0.2 percent, at 82,333 in early trade while the broader NSE Nifty index dropped 47 points, or 0.2 percent, to 25,015.
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