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Malaysia Inflation Data Due On Tuesday
(RTTNews) - Malaysia will on Tuesday release May data for consumer prices, highlighting a light day for Asia-Pacific economic activity. In April, inflation was up 0.1 percent on month and 1.4 percent on year.
Taiwan will provide Maya numbers for industrial production; in April, production surged 22.31 percent on year.
New Zealand will see May results for credit card spending; in April, spending was up 0.5 percent on year.
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Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
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U.S. Dollar Rises Ahead Of Fed's Powell Speech
The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
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CAC 40 Up Slightly In Lackluster Trade
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Friday.
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