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Japan Money Stock Data Due On Friday
(RTTNews) - Japan will on Monday see January results for money stock, highlighting a light day for Asia-Pacific economic activity.
The M2 money stock is expected to rise 2.2 percent on year, easing from 2.3 percent in December.
Malaysia will provide unemployment data for December; in the previous month, the jobless rate was 3.3 percent.
Thailand will see January results for its consumer confidence index; in December, the index score was 62.0.
Finally, the markets in South Korea, Taiwan, China and Indonesia are closed on Friday for the Lunar New Year holiday. The markets in Malaysia, Singapore and Hong Kong will have half-days.
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U.S. Import Price Growth Exceeds Estimates In July
The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
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A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
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Taiwan Raises Growth Outlook
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