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Japan Producer Price Data Due On Monday
(RTTNews) - Japan will on Monday release November numbers for producer prices, highlighting a light day for Asia-Pacific economic activity.
Producer prices are expected to rise 0.5 percent on month and 8.9 percent on year, easing from 0.6 percent on month and 9.1 percent on year in October.
Australia will see October job advertisement data from ANZ; in September, job ads were down 0.5 percent on month.
Finally, the markets in Thailand are closed on Monday in observance of Constitution Day and will reopen on Tuesday.
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Dollar Index Extends Gains On Trade Deal Optimism
Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
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FTSE 100 Drifts Lower In Cautious Trade
U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
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1h 43min ago
CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement
French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.
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2h 26min ago
Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950
Indian shares fell modestly on Monday, with IT stocks leading losses after Moody's downgraded the U.S. credit rating by one notch to Aa1 from Aaa, citing rising levels of government debt and interest payments.
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2h 32min ago
DAX Down Marginally In Cautious Trade
German stocks are exhibiting weakness on Monday in cautious trade after recent gains. Investors are assessing possible risks to global economic growth due to geopolitical tensions and tariff uncertainty, as well as a downgrade in U.S. sovereign debt.
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2h 51min ago
European Shares Edge Lower On US Debt Concerns
European stocks traded lower on Monday as investors reacted to Moody's downgrade of U.S. credit rating and mixed economic data from China.
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3h 35min ago
Asian Shares Drift Lower After US Credit Rating Downgrade
Asian stocks ended lower on Monday as Moody's downgrade of the U.S. credit rating reinforced Wall Street's growing worries over the U.S. sovereign bond market.
RTTNews
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3h 57min ago
China Industrial Output Growth Tops Expectations; Retail Sales Disappoint
China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.
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5h 12min ago
