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Australia Unemployment Data Due On Thursday
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(RTTNews) - Australia will on Thursday release November numbers for unemployment, highlighting a light day for Asia-Pacific economic activity.
The jobless rate is expected to tick up to 4.2 percent from 4.1 percent in October, with the addition of 26,000 jobs following the gain of 15,900 jobs in the previous month. The participation rate is seen steady at 67.1 percent.
New Zealand will see November figures for electronic card retail sales; in October, sales were up 0.6 percent on month and down 1.1 percent on year.
Hong Kong will provide Q3 data for industrial production and producer prices; in the three month prior, industrial output was up 0.7 percent on year, while producer prices were up 3.1 percent on year.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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French Stocks Mostly Subdued In Cautious Trade
The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
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26 minuter sedan
French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
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Sensex, Nifty Extend Losses On Trade Worries
Indian shares ended lower on Friday to extend recent declines due to concerns over steep U.S. tariffs imposed on Indian goods.
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DAX Down Nearly 0.5% As Investors Focus On Economic Data
German stocks are down in negative territory in cautious trade on Friday as investors digest the nation's import prices and retail sales data and await U.S. inflation data due later in the day,
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European Shares Drift Lower Ahead Of US Inflation Reading
European stocks traded lower on Friday as investors waited for key U.S. inflation data due later in the day that could provide additional clues on a potential Federal Reserve rate cut in September.
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Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
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Asian Shares Mixed Ahead Of US PCE Inflation Data
Asian stocks ended mixed on Friday as caution prevailed ahead of a key U.S. inflation report due later in the day that might show core personal consumption expenditures prices rose 2.9 percent in July, the fastest pace in five months.
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