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South Korea GDP Data Due On Thursday
(RTTNews) - South Korea will on Thursday see preliminary Q1 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
GDP is expected to add 0.1 percent on quarter and 0.2 percent on year after expanding 0.1 percent on quarter and 1.2 percent on year in the three months prior.
Japan will release March numbers for producer prices, with forecasts suggesting no change at an annual 3.0 percent.
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Sensex, Nifty End Choppy Session Little Changed
Indian shares fluctuated before ending little changed on Friday despite GST reforms optimism and firm cues from global markets amid growing expectations of a Federal Reserve interest-rate cut later this month.
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European Shares Inch Higher In Cautious Trade
European stocks were modestly higher on Friday as investors braced for the key U.S. jobs reading due later in the day and French Prime Minister Francois Bayrou's confidence vote on Monday.
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Asian Shares Modestly Higher Before Pivotal US Jobs Report
Asian stocks eked out modest gains on Friday as weak U.S. labor market data reinforced expectations of a Federal Reserve rate cut later this month and U.S. President Donald Trump signed an executive order officially putting into action the U.S.-Japan trade agreement.
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European Shares Set For Steady Open Before US Jobs Report
European stocks may open slightly higher on Friday as investors await the all-important monthly U.S. jobs report later in the day for direction.
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Sensex, Nifty Open Higher On Fed Rate Cut Hopes
Indian shares were modestly higher on Friday as weak U.S. labor market data fueled fresh hopes for a Federal Reserve rate cut this month.
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Australian Market Trims Early Gains In Mid-market
The benchmark S&P/ASX 200 Index is gaining 30.30 points or 0.34 percent to 8,856.80, after touching a high of 8,880.70 earlier. The broader All Ordinaries Index is up 35.00 points or 0.39 percent to 9,126.40. Australian stocks closed significantly higher on Thursday.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
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Sensex, Nifty Seen Higher At Open On Firm Global Cues
Indian shares are likely to open higher on Friday, tracking firm cues from global markets and falling oil prices on oversupply concerns ahead of an OPEC+ meeting this weekend.
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