China Inflation Data Due On Friday

RTTNews | 756 days ago
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.

read more
German Factory Orders Log Bigger-Than-Expected Fall

German Factory Orders Log Bigger-Than-Expected Fall

Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 2h 15min ago
Bay Street Headed For Weak Start

Bay Street Headed For Weak Start

Canadian shares are likely to open on a negative note Friday morning, tracking weak European stocks and lower crude oil prices. Concerns about tariffs may weigh down on sentiment. Trading volumes are likely to remain thin as the U.S. market is closed for Independence Day holiday.
RTTNews | 2h 37min ago
UK Construction Sector Contraction Slowest In 6 Months

UK Construction Sector Contraction Slowest In 6 Months

UK construction activity declined at the slowest pace since the current period of contraction began in January, survey results from S&P Global showed on Friday. The headline construction Purchasing Managers' Index rose to 48.8 in June from 47.9 in May. The expected score was 48.6. Any reading below 50.0 indicates an overall reduction in construction activity.
RTTNews | 2h 45min ago
U.S. Dollar Falls On U.S. Tariff Uncertainty

U.S. Dollar Falls On U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Friday, as the unpredictable economic policies of U.S. President Donald Trump and the decline in trust in the Federal Reserve, led to the downturn of USD.
RTTNews | 3h 10min ago
FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

U.K. stocks are down in negative territory a little past noon on Friday amid trade tensions ahead of the U.S. government's tariff deadline.
RTTNews | 4h 0min ago
CAC 40 Notably Lower As Stocks Fall On Tariff Uncertainty

CAC 40 Notably Lower As Stocks Fall On Tariff Uncertainty

French stocks are turning in a weak performance on Friday, with investors making cautious moves ahead of the upcoming U.S. reciprocal tariff headline. U.S. President Donald Trump's announcement that his administration will begin issuing forma letters on trade matters has raised concerns that the U.S. government will impose tariffs effective next week.
RTTNews | 4h 46min ago