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Japan Producer Prices Sink 0.4% In October
Producer prices in Japan were down 0.4 percent on month in October, the Bank of Japan said on Monday - after easing an upwardly revised 0.2 percent in September (originally -0.3 percent).
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Renewed Support Anticipated For China Stock Market
The China stock market finished lower again on Friday, one session after ending the two-day slide in which it had eased six points or 0.2 percent. The Shanghai Composite Index now rests just beneath the 3,040-point plateau although it figures to open higher again on Monday.
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Taiwan Shares May Rebound On Monday
The Taiwan stock market on Friday halted the seven-day winning streak in which it had surged more than 750 points or 4.8 percent. The Taiwan Stock Exchange now sits just above the 16,680-point plateau although it may bounce higher again on Monday.
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Tech Shares Poised To Fuel South Korea Stocks
The South Korea stock market headed south again on Friday, one day after ending the two-day losing streak in which it had stumbled more than 80 points or 3.2 percent. The KOSPI now sits just beneath the 2,410-point plateau although it figures to rebound significantly on Monday.
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Japan Producer Price Data Due On Monday
Japan will on Monday release October figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
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New Zealand Performance Of Services Index Slips To 48.9 - BusinessNZ
The services sector in New Zealand fell into contraction territory in October, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.9.
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TSX Ends Modestly Higher After Cautious Session
The Canadian market ended higher on Friday, led by gains in technology and energy sectors.
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Swiss Market Ends Notably Lower
The Switzerland stock market ended weak on Friday, in line with markets across Europe, as worries about economic slowdown amid tight monetary stance of central banks weighed on sentiment.
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European Stocks Close Notably Lower
European stocks closed notably lower on Friday, hurt by some disappointing regional economic data, and concerns about the outlook for interest rates after hawkish comments from officials from Federal Reserve, the Bank of England and European Central Bank.
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Canadian Stocks Subdued In Cautious Trade
Canadian stocks are subdued on Friday with investors largely reacting to earnings reports and tracking the trend in commodity markets.
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U.S. Consumer Sentiment Drops To Six-Month Low In November
Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than expected in the month of November. The consumer sentiment index decreased for the fourth consecutive month, falling to its lowest level since May.
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Canadian Dollar Drops Against Majors
The Canadian dollar weakened against its major counterparts in the European session on Friday.
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Bay Street Likely To Open Weak
Canadian shares may open on a negative note on Friday, hurt by hawkish comments from Federal Reserve, Bank of England and European Central Bank officials, and lower metal prices.
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