Japan Data On Tap For Friday

RTTNews | 12 dagar sedan
Japan Data On Tap For Friday

(RTTNews) - Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are April numbers for unemployment, industrial production retail sales, construction orders and housing starts, plus May figures for Tokyo inflation.

The jobless rate (2.5 percent) and the jobs/applicant ratio (1.26) are both expected to hold steady. Industrial production is expected to slip 1.4 percent on month after rising 0.2 percent in March. Retail sales are seen higher by 2.9 percent on year, easing from 3.1 percent in the previous month.

Construction orders are expected to fall 0.5 percent on year after adding 3.5 percent in March. Construction orders are tipped to tumble 18.2 percent after surging 39.1 percent a month earlier. In April, Tokyo overall inflation was up 3.5 percent on year and core CPI rose 3.4 percent.

South Korea will release April numbers for industrial production and retail sales. Output is expected to add 0.5 percent on month and 4.2 percent on year after rising 2.9 percent on month and 5.3 percent on year in March. Sales are called flat after shedding 0.3 percent in the previous month.

New Zealand will see April figures for building consents; in March, consents were up 9.6 percent on month.

Australia will release April numbers for building approvals, retail sales and private sector credit. Approvals are expected to rise 3.1 percent on month after slipping 8.8 percent in March. Sales are called steady, higher by .3 percent on month. Credit is also seen unchanged, higher by 0.5 percent on month.

Thailand will provide April data for industrial production, current account, imports, exports and trade balance. In March, industrial production was down 0.66 percent on month, while the current account showed a surplus of $2.30 billion. Imports were up 9.4 percent on year and exports rose 17.7 percent for a trade surplus of $3.40 billion.

Finally, the markets in Taiwan (Dragon Boat Festival) and Indonesia (Ascension) are closed on Friday and will re-open on Monday.

read more
U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
RTTNews | 1h 17minuter sedan
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
RTTNews | 2h 4minuter sedan
CAC 40 Drifts Lower In Cautious Trade

CAC 40 Drifts Lower In Cautious Trade

The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
RTTNews | 3h 13minuter sedan
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
RTTNews | 4h 20minuter sedan
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 4h 29minuter sedan
Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
RTTNews | 4h 30minuter sedan