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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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U.S. Dollar Falls Against Most Majors
The U.S. dollar weakened against its most major counterparts in the New York session on Friday.
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7j 27min yang lalu
German Inflation Accelerates To 2.2% In August
Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
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8j 46min yang lalu
Canadian Market Up In Positive Territory; BRP Rises Sharply On Strong Earnings
Despite weak GDP data, the Canadian market is up firmly in positive territory Friday afternoon with stocks from materials and healthcare sectors contributing significantly to the gains.
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11j 0min yang lalu
Swiss Market Ends Modestly Lower
Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
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11j 36min yang lalu
European Stocks Close Lower On Geopolitical Tensions
European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
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12j 5min yang lalu
U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August
The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.
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14j 49min yang lalu
Chicago Business Barometer Slumps Much More Than Expected In August
MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
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15j 8min yang lalu
U.S. Consumer Prices Increase In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
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15j 51min yang lalu
