Japan Producer Price Data Due On Monday
(RTTNews) - Japan will on Monday release February figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to rise 1.5 percent on year, easing from 1.6 percent in the previous month.
China will see February numbers for industrial profits; in January, profits were up 0.8 percent on year.
Hong Kong will provide February figures for imports, exports and trade balance. In January, imports were down 30.2 percent on year and exports slumped an annual 36.7 percent for a trade deficit of HKD25.4 billion.
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Canadian Market Modestly Higher In Cautious Trade
The Canadian benchmark S&P/TSX Composite Index is modestly higher in late afternoon trades on Friday with stocks turning in a mixed performance.
Worries about U.S. tariffs and their potential impact on global economic growth appear to be weighing on sentiment. Investors are also digesting the nation's GDP report and U.S. PCE reading.
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5h 0min ago
Pound Retreats Amid Risk Aversion
The pound pulled back against its most major counterparts in the New York session on Friday, as risk sentiment dampened after a meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy devolved into a shouting match.
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5h 3min ago
Swiss Market Ends On Firm Note
After a weak start and a subsequent recovery, the Swiss market struggled for direction till mid afternoon on Friday, but gained in strength thanks to some brisk buying at several counters in last ninety minutes of the day's session.
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6h 2min ago
CPSC Recalls: Gas Boilers, Bicycles, Wall Sconces, Window Shades, Baby Loungers, Pajama Sets
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including gas boilers, triathlon bicycles, wall sconces, window shades, baby loungers, high chairs, pajama sets and robes, and avalanche transceivers, among others.
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6h 25min ago
European Stocks Turn In Mixed Performance
European stocks turned in a mixed performance on Friday as investors amid uncertainty about the outlook for growth as the Trump Administration's fresh and stringent tariffs of 25% on goods from Canada and Mexico, and an additional 10% levy on Chinese imports are set to commence from next week.
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6h 47min ago
Chicago Business Barometer Jumps But Still Indicates Contraction In February
A report released by MNI Indicators on Friday showed its reading on Chicago-area business activity jumped by much more than expected in the month of February but continued to indicate contraction. MNI Indicators said its Chicago business barometer shot up to 45.5 in February from 39.5 in January. Economists had expected the Chicago business barometer to show a much more modest increase to 40.6.
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9h 57min ago
U.S. Consumer Prices Increases In Line With Estimates In January
Closely watched readings on U.S. consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in January, matching the increase seen in December as well as economist estimates.
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10h 12min ago
U.S. Consumer Price Inflation Data Matches Estimates In January
Closely watched readings on consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday.
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11h 15min ago
