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Malaysia Inflation Data Due On Tuesday
(RTTNews) - Malaysia will on Tuesday release May data for consumer prices, highlighting a light day for Asia-Pacific economic activity. In April, inflation was up 0.1 percent on month and 1.4 percent on year.
Taiwan will provide Maya numbers for industrial production; in April, production surged 22.31 percent on year.
New Zealand will see May results for credit card spending; in April, spending was up 0.5 percent on year.
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U.S. Dollar Advances After Hot PCE Data
The U.S. dollar strengthened against its major counterparts in the New York session on Friday, after a data showed that the Federal Reserve's preferred gauge of inflation accelerated in May.
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Pred 12 h 15 min
Swiss Market Ends On Buoyant Note
The Switzerland market closed on a firm note on Friday, in line with markets across Europe, as trade tensions eased following the U.S. and China reaching an agreement.
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Pred 15 h 17 min
European Stocks Close Higher As Trade Tensions Ease
European stocks closed higher on Friday as trade tensions eased after United States struck a deal with China to expedite rate earth shipments.
The deal marks a significant step towards resolving the ongoing trade war between the world's two largest economies.
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Pred 15 h 41 min
U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June. The University of Michigan said its consumer sentiment index for June was upwardly revised to 60.7 from a preliminary reading of 60.5.
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Pred 19 h 2 min
U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates
While the Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May, the report also showed core consumer prices rose by slightly more than expected. The report said the personal consumption expenditures (PCE) price index inched up by 0.1 percent in May, matching the uptick seen in April.
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Pred 19 h 25 min
Eurozone Economic Sentiment Falls Unexpectedly
Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.8 in May. The score was forecast to rise to 95.1. The industrial confidence index posted -12.0 in June, down from -10.4 a month ago.
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Pred 20 h 32 min
Bay Street May Open On Positive Note
Canadian shares look headed for a higher start Friday morning, thanks to positive global cues amid easing trade tensions after the U.S. struck a deal with China to expedite rate earth shipments.
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Pred 20 h 37 min
Coleman Co. Recalls 229K Converta Camping Cots, Stretchers
Atlanta, Georgia-based Coleman Co., Inc. is recalling about 228,760 units of Converta camping cots and Converta camping suspension stretchers citing laceration and amputation, according to the U.S. Consumer Product Safety Commission. The recall involves Coleman Converta camping cots with model numbers 2000003077 and 2000020282, and Coleman Converta camping suspension stretchers with model number
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Pred 20 h 48 min
