New Zealand Inflation Data Due On Thursday

RTTNews | 814 days ago
New Zealand Inflation Data Due On Thursday

(RTTNews) - New Zealand will on Thursday release Q1 figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Inflation is expected to rise 1.7 percent on quarter and 7.1 percent on year after gaining 1.4 percent on quarter and 7.2 percent on year in the three months prior.

Japan will provide March numbers for imports, exports, trade balance and tertiary industry activity.

Imports are expected to rise 11.4 percent on year, up from 8.3 percent in February. Exports are called higher by an annual 2,6 percent, slowing from 6.5 percent in the previous month. The trade deficit is pegged at Y1,294.8 billion yen following the Y898.1 billion shortfall a month earlier. The activity index is tipped to rise 0.4 percent on month, slowing from 0.9 percent in February.

Malaysia will release March numbers for consumer prices, with forecasts calling for an increase of 3.6 percent on year, easing from 3.7 percent in February.

Taiwan will see March figures for export orders, with forecasts suggesting a decline of 20.0 percent on year after sinking an annual 18.3 percent in February.

read more
Swiss Market Ends Sharply Lower

Swiss Market Ends Sharply Lower

The Switzerland market closed weak on Friday, tracking weak global cues after U.S. President Donald Trump's latest tariff moves raised fears of a global trade war.
RTTNews | 3h 8min ago
European Stocks Close Weak As Trade War Fears Hurt Sentiment

European Stocks Close Weak As Trade War Fears Hurt Sentiment

European stocks closed lower on Friday as trade war fears resurfaced after U.S. President Donald Trump announced a 35% tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20% on most trading partners.
RTTNews | 3h 25min ago
Canadian Market Remains Weak On Tariff Concerns

Canadian Market Remains Weak On Tariff Concerns

After a weak start and a subsequent drop to lower levels, the Canadian market continues to languish in negative territory a little past noon on Friday. The mood is cautious amid escalating trade war fears following U.S. President Donald Trump announced a 35% tariff on all non-USMCA Canadian imports, effective August 1.
RTTNews | 4h 4min ago
Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Canadian shares look headed for a weak start on Friday due to trade war concerns, although fairly firm crude oil and bullion prices may help limit the market's downside. Data showing an increase in Canadian employment in the month of June and a drop in the unemployment rate may also aid sentiment a bit.
RTTNews | 7h 48min ago
Pound Falls As U.K. Economy Contracts For Second Straight Month

Pound Falls As U.K. Economy Contracts For Second Straight Month

The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
RTTNews | 7h 55min ago
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 8h 17min ago
Yen Retreats Amid US-Japan Trade Uncertainty

Yen Retreats Amid US-Japan Trade Uncertainty

The Japanese yen retreated from early highs against other major currencies in the European session on Friday, amid concerns on US-Japan relations in light of Trump's placement of a 25 percent tariff on Japanese exports this week, which will go into force on August 1.
RTTNews | 9h 6min ago