Japan Household Spending Data Due On Friday
(RTTNews) - Japan will on Friday release November numbers for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is expected to slip 0.9 percent on month and 0.8 percent on year after rising 2.9 percent on month and falling 1.3 percent on year in October.
Japan also will see November results for its leading and coincident indexes; in October, they were up 0.2 percent and 2.8 percent, respectively.
Indonesia will provide November data for retail sales; in October, sales were up 1.5 percent on year.
Malaysia will release November numbers for industrial production and unemployment; in October, production was up 2.1 percent on year and the jobless rate was 3.2 percent.
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European Economic News Preview: France Industrial Output, Consumer Spending Due
Industrial production and consumer spending from France and retail sales from Italy are due on Friday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data for December. The jobless rate is forecast to rise to 2.7 percent from 2.6 percent in the previous month.
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5h 13min ago
European Shares Set For Muted Start Before US Jobs Data
European stocks may drift lower at open on Friday as investors brace for the all-important U.S. jobs report later in the day.
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6h 5min ago
Sensex, Nifty Follow Global Peers Lower; IT Stocks Surge
Indian shares opened lower on Friday, mirroring weak cues from global markets amid Trump's tariff threats and expectations of fewer interest-rate cuts by the U.S. Federal Reserve in 2025.
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7h 19min ago
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.
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8h 22min ago
Australian Market Maintains Early Losses In Mid-market
The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.
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8h 57min ago
Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates
Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.
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9h 8min ago
Japanese Market Notably Lower
Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.
RTTNews
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9h 17min ago
Australian Market Notably Lower
The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
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9h 40min ago
