Japan Inflation Data Due On Friday

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Japan Inflation Data Due On Friday

(RTTNews) - Japan will on Friday release May figures for consumer prices, highlighting a light day in Asia-Pacific economic activity. In April, overall inflation was up 0.4 percent on month and 2.5 percent on year, while core CPI climbed an annual 2.1 percent.

Singapore will provide May numbers for industrial production, with forecasts suggesting an increase of 2.8 percent on month and 5.8 percent on year. That follows the 2/2 percent monthly increase and the 6.2 percent annual gain in April.

China will see final current account data for the first quarter of 2022; the current account surplus was $118.4 billion in the three months prior.

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Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Monday.
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Thailand GDP Growth Slows More Than Forecast

Thailand GDP Growth Slows More Than Forecast

Thailand's economic growth eased more than expected in the third quarter due to the fall in manufacturing output and softened tourism-related services, official data showed Monday. Gross domestic product grew 1.2 percent year-on-year in the third quarter, the National Economic and Social Development Council, or NESDC, said Monday. The annual growth was forecast to soften to 1.6 percent from 2.8
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European Shares Likely To Open On Subdued Note

European Shares Likely To Open On Subdued Note

European stocks are seen opening mostly lower on Monday as investors await more economic data in the coming days for fresh insights into the U.S. economic and rate outlook.
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Indian Shares Edge Higher In Cautious Trade

Indian Shares Edge Higher In Cautious Trade

Indian shares inched higher on Monday, with underlying sentiment supported by a resounding victory for the BJP-led NDA in the Bihar elections and optimism surrounding a potential India-U.S. trade deal.
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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, adding to the losses in the previous four sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,600.00 level, with weakness in financial stocks and mixed performance across most other sectors.
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