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Japan Data On Tap For Monday
(RTTNews) - Japan is scheduled to release a handful of reports on Monday, highlighting a light day for Asia-Pacific economic activity. On tap are January results for current account and leading and coincident indexes, as well as February figures for bank lending.
The current account is expected to show a deficit of 230 billion yen following the 1.077 trillion yen surplus in December. The leading index was up 0.5 percent on month in the previous month and the coincident index rose 1.0 percent. Bank lending is tipped to add 3.1 percent on year, up from 3.0 percent in January.
Singapore will see Q4 numbers for unemployment; the jobless rate is expected to hold steady at 1.9 percent.
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European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment
European stocks were mostly higher on Thursday as Nvidia's positive results helped ease AI slowdown fears. U.K. markets underperformed as banks and utilities declined.
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Asian Shares Rise As Nvidia Beats Expectations
Asian stocks ended mostly higher on Thursday as Nvidia's strong results quelled worries over weakening AI demand.
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Europe Car Sales Rebound In July
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European Economic News Preview: Eurozone Economic Sentiment Data Due
Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
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