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Singapore Inflation Data Due On Monday
(RTTNews) - Singapore will on Monday release February figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity.
Overall inflation is expected to rise 1.0 percent on year, easing from 1.2 percent in January. Core CPI is called higher by an annual 0.7 percent, moderating from 0.8 percent in the previous month.
Taiwan will provide February numbers for unemployment; in January, the jobless rate was 3.37 percent.
Australia will see March results for the manufacturing and services PMIs from Judo Bank; in February, their scores were 50.4 and 50.8, respectively.
Japan will see March results for the manufacturing and services PMIs from Jibun Bank; in February, their scores were 49.0 and 53.7, respectively.
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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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Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
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Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.
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Pound Slides Against Majors
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