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Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release January figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In December, overall inflation was up 0.2 percent on month and 4.0 percent on year; core CPI also rose 4.0 percent on year.
Malaysia will provide January data for inflation, with forecasts suggesting an increase of 3.7 percent on year, easing from 3.8 percent in December.
Singapore will see January numbers for industrial production, with forecasts suggesting a decline of 0.1 percent on month and an increase of 2.9 percent on year. That follows the 3.2 percent monthly increase and the 3.1 percent yearly decline in December.
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DAX Up Slightly; Porsche Up After Smaller Than Expected Drop In Earnings
The German market is up slightly on Monday amid optimism about easing U.S.-China trade tensions following negotiators from the two nations reaching a preliminary trade framework.
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23 minutes ago
Eurozone Household Lending Growth Fastest Since 2023
Lending to euro area households increased at the fastest pace since March 2023 but lending to businesses softened amid rising risks to economic growth. Adjusted loans to households grew 2.6 percent year-on-year in September, following a 2.5 percent rise in August, data from the European Central Bank showed on Monday. This was the fastest growth since March 2023.
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24 minutes ago
Sensex, Nifty Climb On Fed Rate Cut Hopes, Easing US-China Tensions
Indian shares rose notably on Monday as softer-than-expected U.S. inflation report raised hopes of additional Federal Reserve rate cuts in 2025 and reports suggested that the United States and China were closing in on a trade deal.
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47 minutes ago
European Shares Little Changed; German Ifo Survey Data Awaited
European stocks hovered near record levels on Monday, driven by optimism about easing U.S.-China trade tensions.
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2h 9min ago
Asian Shares Rally As US-China Tensions Ease
Asian stocks advanced on Monday as softer-than-expected U.S. inflation report raised hopes of Federal Reserve rate cuts and reports suggested that the United States and China were closing in on a trade deal.
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2h 35min ago
European Economic News Preview: German Ifo Business Confidence Due
Business confidence survey results from Germany and private sector credit from the euro area are the top economic news due on Monday. At 3.00 am ET, household lending from Sweden and monetary aggregates from Norway are due.
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5h 35min ago
European Shares Seen Higher As US, China Agree Framework Of Trade Deal
European stocks are likely to open higher on Monday after the U.S. and China hailed progress in trade talks in Malaysia.
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5h 36min ago
Yen Falls Amid Fiscal Worries
The Japanese yen weakened against other major currencies in the Asian session on Monday, as fiscal concerns replaced the Bank of Japan's (BoJ) rate hike expectations.
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6h 16min ago
