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Singapore GDP Data Due On Monday
(RTTNews) - Singapore will on Monday release Q4 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
In the previous three months GDP was up 0.8 percent on quarter and 2.2 percent on year.
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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.
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3h 46min ago
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.
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3h 54min ago
Wall Street Likely To Open On Weak Note
Lower futures and escalating fears of a global trade war point to a weak start for U.S. stocks Friday morning.
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4h 13min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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4h 16min ago
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.
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5h 5min ago
FTSE 100 Down 0.5% On Tariff Concerns, Weak GDP Data
U.K. stocks are down in negative territory on Friday, weighed down by disappointing GDP data, and renewed trade tensions.
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5h 8min ago
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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5h 35min 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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5h 43min ago
