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Malaysia GDP Data Due On Friday
(RTTNews) - Malaysia will on Friday release preliminary Q2 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the first quarter, GDP was up 4.4 percent on year.
Malaysia also will see June figures for imports, exports and trade balance; in May, imports rose 6.6 percent on year and exports were down an annual 1.1 percent for a trade surplus of MYR0.80 billion.
Japan will see June data for national consumer prices; in May, overall inflation was up 0.3 percent on month and 3.5 percent on year, while core CPI rose an annual 3.7 percent.
New Zealand will see June numbers for credit card spending; in May, spending was up 2.2 percent on year.
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Euro Rises Against Majors
The European currencies strengthened against other major currencies in the European session on Friday.
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32 minutes ago
DAX Down Marginally In Cautious Trade
German stocks are turning in a mixed performance on Friday with investors mostly focusing on earnings and other corporate news, in addition to closely following the developments on the trade front, and digesting regional economic data.
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43 minutes ago
Sensex, Nifty Decline As Private Banks Drag On Earnings Concerns
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1h 37min ago
European Shares Edge Higher In Cautious Trade
European stocks traded higher on Friday as robust U.S. economic data and encouraging tech earnings helped ease tariff-related concerns for now.
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2h 55min ago
Asian Shares Mixed As Tariff Worries Keep Investors On Edge
Asian stocks gave up early gains to end mixed on Friday as tariff-related worries offset encouraging tech earnings and positive U.S. economic data.
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3h 21min ago
Malaysia GDP Growth Improves In Q2
Malaysia's economic growth improved in the second quarter driven by strong domestic demand amid global trade distortions, advance estimates from the Department of Statistics showed on Friday. Gross domestic product expanded 4.5 percent year-on-year in the second quarter, slightly faster than the 4.4 percent growth seen in the first quarter.
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4h 24min ago
Yen Falls Ahead Of Japan Election
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders remain uncertain about Japan's upper house election and consider the fiscal implications of this weekend's vote. Meanwhile, the country's 40-year government bond yield experienced a notable decline.
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4h 41min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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5h 4min ago
