China Inflation Data Due On Friday
(RTTNews) - China will on Friday release May numbers for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity. In April, consumer prices were down 0.1 percent on month and up 0.1 percent on year, while producer prices sank 3.6 percent on year.
South Korea will provide April figures for current account, with forecasts suggesting a deficit of $1.38 billion following the $0.27 billion surplus in March.
Malaysia will see April data for industrial production and unemployment. In March, industrial production was up 3.1 percent on year and the jobless rate was 3.5 percent.
Japan will release May numbers for its M2 money stock, with forecasts calling for an increase of 2.7 percent on year - up from 2.5 percent in April.
Dollar Rises Amidst Mixed Jobs Data, Soft Inflation
Bay Street Likely To Extend Gains On Commodities Strength
Major European Markets Largely Subdued In Thin Trading
FTSE 100 Slips Nearly 0.5%; Mining Stocks Move Up
CAC 40 Down Nearly 0.5% In Cautious Trade
Asian Stocks Track Wall Street Higher
DAX Down Marginally Amid Lackluster Trade
