New Zealand Manufacturing PMI Data Due On Friday

RTTNews | il y a 10h 8min
New Zealand Manufacturing PMI Data Due On Friday

(RTTNews) - New Zealand will on Friday see June results for the manufacturing PMI from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In May, the index score was 47.5.

Australia will provide July inflation expectation data from the Melbourne Institute; in June, inflation was seen higher by an annual 5.0 percent.

Malaysia will release May numbers for industrial production; in April, production was up 2.7 percent on year.

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Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews | il y a 37 minutes
European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

Monthly GDP and foreign trade from the UK and final inflation from France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade data. Economists forecast the economy to grow 0.1 percent on a monthly basis in May, in contrast to the 0.3 percent fall in April.
RTTNews | il y a 3h 11min