Japan Data On Tap For Friday

RTTNews | 77 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 Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | 24 minuter sedan
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | 53 minuter sedan
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | 1h 18minuter sedan
U.S. Import Price Growth Exceeds Estimates In July

U.S. Import Price Growth Exceeds Estimates In July

The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
RTTNews | 1h 51minuter sedan
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
RTTNews | 2h 24minuter sedan