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Japan Producer Price Data Due On Thursday
(RTTNews) - Japan will on Thursday release July figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are tipped to add 0.2 percent on month and 3.5 percent on year after easing 0.2 percent on month and rising 4.1 percent on year in June.
Malaysia will see unemployment data for June, with forecasts suggesting that the jobless rate will hold steady at 3.5 percent.
Australia will the inflation forecast for August from the Melbourne Institute; in July, inflation was seen higher by 5.2 percent on year.
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Tech Shares May Lift South Korea Stock Market
The South Korea stock market on Friday halted the four-day winning streak in which it had surged almost 220 points or 5.5 percent. The KOSPI sits just above the 4,010-point plateau and it may see a technical rebound on Monday.
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1h 13min ago
Japan GDP Data Due On Monday
Japan will on Monday release preliminary Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the three months prior, GDP was up 0.5 percent on quarter and 2.2 percent on year.
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1h 43min ago
U.S. Dollar Falls Against Euro, Pound
The U.S. dollar fell against the euro and the pound in the New York session on Friday.
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1 day ago
Swiss Market Ends On Weak Note
Save for a brief while around mid morning when it edged slightly above the flat line, Switzerland's benchmark index SMI remained in negative territory on Friday amid concerns about high tech valuation and fading hopes of an interest rate cut by the Federal Reserve next month.
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2 days ago
European Markets Close Weak On Growth Concerns, Fading Fed Rate Cut Hopes
European stocks closed weak on Friday amid concerns about high tech valuations, and fading hopes of a Federal Reserve rate cut next month following hawkish comments from a few central bank officials.
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2 days ago
Canadian Market Rebounds From Early Setback; Technology, Energy Stocks Rise
After opening with a big negative gap and dropping further down into the red Friday morning, the Canadian benchmark S&P/TSX Composite Index recovered gradually and was up modestly above the flat line a little past noon.
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2 days ago
Bay Street Likely To Open On Weak Note
Lower Canadian and U.S. futures and weak metal prices point to a negative open for stocks on Bay Street Friday morning. Energy stocks may find some support thanks to higher crude oil prices and help limit the downside.
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2 days ago
FTSE 100 Down Sharply As Bond Yields Climb Higher
UK stocks are falling on Friday with bond yields rising amid speculation Chancellor Rachel Reeves may backtrack on budget plans. The possibility of the Bank of England refraining from cutting interest rates due to fiscal concerns has raised concerns about fiscal and economic outlook.
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2 days ago
