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Japan Leading Index Data Due On Monday
(RTTNews) - Japan will on Monday see preliminary June results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity. In May, they were up 1.1 percent and 0.1 percent on month, respectively.
Indonesia will release Q2 numbers for gross domestic product, with forecasts suggesting an increase of 3.72 percent on quarter and 4.93 percent on year. That follows the 0.92 percent quarterly contraction and the 5.03 percent yearly gain in the first quarter.
Thailand will provide July figures for consumer prices. Overall inflation is seen higher by 0.68 percent on year, accelerating from 0.23 percent in June. Core CPI is tipped to rise an annual 0.90 percent, easing from 1.32 percent a month earlier.
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Canadian Market Rebounds From Early Setback; Technology, Energy Stocks Rise
After opening with a big negative gap and dropping further down into the red Friday morning, the Canadian benchmark S&P/TSX Composite Index recovered gradually and was up modestly above the flat line a little past noon.
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Bay Street Likely To Open On Weak Note
Lower Canadian and U.S. futures and weak metal prices point to a negative open for stocks on Bay Street Friday morning. Energy stocks may find some support thanks to higher crude oil prices and help limit the downside.
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FTSE 100 Down Sharply As Bond Yields Climb Higher
UK stocks are falling on Friday with bond yields rising amid speculation Chancellor Rachel Reeves may backtrack on budget plans. The possibility of the Bank of England refraining from cutting interest rates due to fiscal concerns has raised concerns about fiscal and economic outlook.
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CAC 40 Sheds About 1.3% On Economic Concerns
French stocks are showing weakness on Friday, retreating from record highs hit in the previous session, as concerns about high tech valuations outweighed the positive news about the end of the longest government shutdown in United States history.
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DAX Down Over 1% On Economic Worries; Allianz, Siemens Energy Up Sharply On Earnings
German stocks are down in negative territory on Friday, weighed down by concerns about high valuations in the tech sector, and some uncertainty about the Federal Reserve's policy moves.
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Sensex, Nifty End Choppy Session Marginally Higher
Indian shares ended higher on Friday as the NDA looked poised to make a roaring return in Bihar again.
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European Shares Extend Losses On Economic Concerns
European stocks traded lower on Friday, extending losses from the previous session as investors fretted about an artificial intelligence bubble and the outlook for U.S. interest rates.
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China Industrial Output, Retail Sales Growth Eases
China industrial production and retail sales grew at weaker rates in October and investment downturn deepened as economic activity weakened towards the end of the year. Industrial production logged an annual growth of 4.9 percent in October, the National Bureau of Statistics said Friday. This followed September's 6.5 percent expansion.
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