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Japan Housing Start Data Due On Wednesday
(RTTNews) - Japan will on Wednesday release November numbers for housing starts and construction orders, highlighting a light day for Asia-Pacific economic activity.
Housing starts are expected to sink 4.3 percent on year after falling 6.3 percent in the previous month; construction orders improved an annual 4.2 percent in October.
China will see November data for industrial profits; in October, profits slumped7.8 percent on year.
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FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply
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The U.S. dollar strengthened against other major currencies in the European session on Friday.
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Asian stocks turned in a mixed performance on Friday as some strong U.S. economic data and hawkish comments from several Federal Reserve officials prompted traders to reduce their expectations for imminent rate cuts.
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