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Japan Interest Rate Decision Due On Tuesday
(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at 0.50 percent.
South Korea will release May figures for import and export prices; in April, import prices were down 2.3 percent on year and export prices rose 0.7 percent.
Singapore will provide May data for non-oil domestic exports; in April, NODX jumped 10.4 percent on month and 12.4 percent on year, with a trade surplus of SGD14.20 billion.
Hong Kong will see May numbers for unemployment; in April, the jobless rate was 3.4 percent.
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U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates
While the Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May, the report also showed core consumer prices rose by slightly more than expected. The report said the personal consumption expenditures (PCE) price index inched up by 0.1 percent in May, matching the uptick seen in April.
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13 minit yang lalu
Eurozone Economic Sentiment Falls Unexpectedly
Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.8 in May. The score was forecast to rise to 95.1. The industrial confidence index posted -12.0 in June, down from -10.4 a month ago.
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1j 19min yang lalu
Bay Street May Open On Positive Note
Canadian shares look headed for a higher start Friday morning, thanks to positive global cues amid easing trade tensions after the U.S. struck a deal with China to expedite rate earth shipments.
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1j 25min yang lalu
Coleman Co. Recalls 229K Converta Camping Cots, Stretchers
Atlanta, Georgia-based Coleman Co., Inc. is recalling about 228,760 units of Converta camping cots and Converta camping suspension stretchers citing laceration and amputation, according to the U.S. Consumer Product Safety Commission. The recall involves Coleman Converta camping cots with model numbers 2000003077 and 2000020282, and Coleman Converta camping suspension stretchers with model number
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1j 36min yang lalu
U.S. Consumer Prices Inch Up 0.1% In May, In Line With Estimates
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May.
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1j 41min yang lalu
FTSE 100 Moderately Higher On Easing Trade Tensions
The U.K. market is moderately higher Friday afternoon, led by gains in stocks from financials and healthcare sectors. Easing concerns about U.S.-China trade tensions, and Mid-East worries contribute to the firm undertone in the market.
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2j 0min yang lalu
CAC 40 Up Nearly 1.5%
Despite data showing an acceleration in the nation's consumer price inflation, and a deterioration in Eurozone economic sentiment, French stocks are notably higher on Friday thanks to easing trade tensions after the U.S. struck a deal with China to expedite rare earth shipments.
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2j 19min yang lalu
Sensex Rises Over 300 Points; Nifty Ends Above 25,600
Indian shares rose modestly on Friday, with underlying sentiment supported by a sharp fall in crude oil prices this week and a weakening dollar on hopes for more Fed rate cuts this year.
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3j 59min yang lalu
