Japan Leading Index Data Due On Monday
(RTTNews) - Japan will on Monday see August figures for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity. In July, the leading index was up 0.2 percent on month, while the coincident rose 3.1 percent.
Thailand is scheduled to provide September figures for consumer prices; in August, overall inflation was up 0.35 percent on year, while core CPI rose an annual 0.62 percent.
Australia will see September results for the inflation gauge from the Melbourne Institute; in the previous month, inflation was seen lower by 0.1 percent on month.
Finally, the markets in China remain closed for the National Day holiday; they return to action on Tuesday.
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German stocks traded lower on Friday after data showed retail sales in the country fell more than expected in October, falling 1.5 percent month-on-month.
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Japan's industrial production and retail sales registered weaker-than-expected growth in November and core inflation in the capital came in above the 2 percent target, boosting expectations for an interest rate hike in the near-term. The Ministry of Economy, Trade and Industry on Friday reported that industrial production expanded at a faster pace of 3.0 percent in October.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Friday.
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