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South Korea Trade Data Due On Tuesday
(RTTNews) - South Korea will on Tuesday release February figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
In January, imports rose 0.2 percent on year and exports added 1.0 percent for a trade surplus of $4.30 billion.
Japan will see January results for its tertiary industry activity index; in December, the index was at 7.10.
Hong Kong will provide February data for unemployment; in January, the jobless rate was 3.1 percent.
Finally, the markets in Malaysia are closed on Tuesday for Nuzul Al'Quran and will re-open on Wednesday.
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TSX Settles Lower As Trade Tensions Resurface
Despite hitting record highs earlier in the week, the Canadian market ended weak for a second straight day as trade tensions weighed on sentiment, prompting investors to tread cautiously on Friday.
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Crude Oil Prices Slip On Friday
Crude suffered a weekly loss of more than 1 percent due to uncertainty over U.S. President Donald Trump's tariffs and their likely impact on global growth and fuel demand.
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Pound Drops As Trade Tensions Renew
The pound fell against its major counterparts in the New York session on Friday, as trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month.
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Weighed Down By Tariff Uncertainty, Gold Slides
The swift changes in successive US court rulings on tariffs and a softer inflation report caused a slide in gold price on Friday.
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Swiss Market Ends Modestly Higher
Save for a few minutes at the start when it stayed a bit weak, the Switzerland market remained positive on Friday, and despite coming off the day's high hit around noon, ended the session modestly higher.
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Major European Markets Close Slightly Higher
Despite uncertainty surrounding Trump administration's tariff plans, The major European markets mostly closed higher on Friday.
Trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month, but investors picked up stocks amid expectations of an interest rate cut by the European Central Bank.
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Canadian Market Modestly Lower, Looks Headed For Another Weak Close
The Canadian market is exhibiting weakness on Friday, weighed down by losses in energy, healthcare and technology sectors. Amid renewed concerns about a global trade war, the mood in the market remains cautious.
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U.S. Stocks Broadly Lower In Cautious Trade
U.S. stocks are turning in a weak performance on Friday amid renewed concerns over trade tensions, and a batch of mixed economic data.
The major averages all are down in negative territory, with the tech-laden Nasdaq underperforming.
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