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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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UK Economy Contracts For Second Straight Month
The UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in meeting her self-imposed borrowing rules. Gross domestic product fell unexpectedly by 0.1 percent in May, following a 0.3 percent drop in April, data from the Office for National Statistics revealed on Friday.
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13 minutes ago
CAC 40 Down More Than 1% As Trade War Concerns Hurt Sentiment
French stocks are notably lower on Friday, weighed down by losses in automobile and luxury sectors. The mood in the market is a bit bearish, in line with other major markets in Europe, amid renewed worries about tariffs.
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21 minutes ago
Sensex, Nifty Decline On Tariff Worries, Weak TCS Earnings; HUL Shares Rally After CEO Change
Indian shares fell notably on Friday, with weaker-than-expected Q1 earnings from TCS and escalating global trade tensions weighing on investor sentiment.
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43 minutes ago
DAX Down Sharply As Stocks Tumble On Tariff Concerns
German stocks are down sharply on Friday as trade war concerns hurt sentiment following U.S. President Donald Trump imposing a 35% tariff on Canadian imports, effective August 1.
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43 minutes ago
Walmart Recalls 850K Ozark Trail Water Bottles
Retain giant Walmart Inc. is recalling about 850,000 Ozark Trail 64 oz Stainless Steel Insulated Water Bottles as the lid can suddenly pop off with force, causing injury, according to the U.S. Consumer Product Safety Commission. The recall includes Water Bottles sold under model number 83-662. These silver stainless-steel bottles feature a black one-piece screw-on lid.
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56 minutes ago
European Shares Decline As Tariff Worries Return To Haunt
European stocks fell on Friday after U.S. President Donald Trump announced a 35 percent tariff on Canadian imports, starting Aug. 1, in a dramatic escalation of a trade war with the United States' closest ally over the country's alleged role in fentanyl flows.
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2h 3min ago
Asian Shares Mostly Lower As Trump Ups Tariff Ante
Asian shares ended mostly lower in cautious trade on Friday after U.S. President Donald Trump announced a 35 percent tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20 percent on most trading partners that haven't got letters yet.
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2h 28min ago
Yen Retreats Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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2h 56min ago
