China Data On Tap For Friday

RTTNews | 581天前
China Data On Tap For Friday

(RTTNews) - China is scheduled to release a raft of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are December figures for inflation, imports, exports and trade balance.

Overall inflation is expected to add 0.2 percent on month and fall 0.4 percent on year after sinking 0.5 percent both on month and on year in November. Producer prices are expected to slide 2.6 percent on year after shedding 3.0 percent in the previous month.

Imports are expected to add 0.3 percent on year after sinking 0.3 percent in November. Exports are called higher by an annual 1.7 percent after rising 0.5 percent in the previous month. The trade surplus is pegged at $76.20 billion, up from $68.39 billion a month earlier.

Japan will provide November numbers for current account and December data for bank lending. The current account is expected to show a surplus of 2.385 trillion yen, down from 2.583 trillion yen in October. Overall bank lending is expected to rise 2.7 percent on year, easing from 2.8 percent in November.

Australia will see November numbers for home loans, with forecasts calling for a flat monthly reading following the 5.6 percent spike in October.

read more
Japan Shares May Tick Lower Again On Friday

Japan Shares May Tick Lower Again On Friday

The Japan stock market on Thursday snapped the six-day winning streak in which it had surged more than 3,000 points or 7.3 percent. The Nikkei 225 now sits just beneath the 42,650-point plateau and it may remain stuck in neutral on Friday.
RTTNews | 29分鐘前
Japan GDP Data Due On Friday

Japan GDP Data Due On Friday

Japan will on Friday release preliminary Q2 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.1 percent on quarter and 0.4 percent on year following the flat quarterly reading and the 0.2 percent contraction in the three months prior. Capex is seen higher by 0.5 percent on quarter, easing from 1.1 percent in Q1.
RTTNews | 1小時29分鐘前
U.S. Dollar Firms After Strong PPI Data

U.S. Dollar Firms After Strong PPI Data

The U.S. dollar climbed against its major counterparts in the New York session on Thursday, following the release of hotter-than-expected producer inflation report for July.
RTTNews | 1小時38分鐘前
Swiss Market Ends Modestly Higher After Mild Struggle

Swiss Market Ends Modestly Higher After Mild Struggle

The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.
RTTNews | 6小時7分鐘前
Major European Markets Close On Positive Note

Major European Markets Close On Positive Note

Amid expectations of a rate cut from the Federal Reserve in September, and hopes the meeting between the Presidents of the U.S. and Russia will help end the war in Ukraine, the major European markets closed on a positive note on Thursday, although the U.K. market underperformed other major markets in the region.
RTTNews | 6小時23分鐘前
U.S. Producer Price Growth Far Exceeds Estimates In July

U.S. Producer Price Growth Far Exceeds Estimates In July

Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.
RTTNews | 8小時51分鐘前