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European Economics Preview: Eurozone Industrial Output Data Due
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(RTTNews) - Industrial production from the euro area is due on Monday, headlining a light day for the European economic news.
At 1.00 am ET, Statistics Finland releases consumer prices for October.
At 2.30 am ET, the Federal Statistical Office is slated to release Swiss producer prices for October. Producer prices are expected to gain 0.2 percent on month.
At 5.00 am ET, Eurostat is scheduled to issue euro area industrial production for September. Economists forecast output to grow 0.3 percent on month, slower than the 1.5 percent increase in August.
Also, industrial production data is due from Poland.
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The U.S. dollar weakened against its major counterparts in the New York session on Friday.
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NZ Dollar Falls Amid RBNZ Rate Cut Speculations
The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as traders speculate additional easing by the Reserve Bank of New Zealand (RBNZ).
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NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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Lower Open Called For Thai Stock Market
The Thai stock market has finished higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just above the 1,140-point plateau, although it's expected to open in the red on Friday.
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China Shares Overdue For Consolidation On Friday
The China stock market has finished higher in eight straight sessions, rallying more than 180 points or 5.9 percent in that span. The Shanghai Composite Index now rests just above the 3,280-point plateau, although investors may lock in gains on Friday.
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Taiwan Stock Market May Extend Losing Streak
The Taiwan stock market has finished lower in two straight sessions, shedding almost 520 points or 2.6 percent along the way. The Taiwan stock market now rests just shy of the 19,340-point plateau and it may take further damage again on Friday.
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Malaysia Bourse May Hand Back Thursday's Gains
The Malaysia stock market rebounded on Thursday, one session after ending the two-day winning streak in which it had improved more than 30 points or 2 percent. The Kuala Lumpur Composite Index new sits just above the 1,480-point plateau, although it's expected to open under water on Friday.
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Japan Nationwide Inflation Climbs 3.6% On Year In March
Overall consumer prices in Japan were up 3.6 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday.
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