New Zealand Electronic Retail Sales Data Due On Tuesday
(RTTNews) - New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a light day for Asia-Pacific economic activity. In March, sales were down 0.7 percent on month and 3.0 percent on year.
Japan will see April data for producer prices; in March, prices were up 0.2 percent on month and 0.8 percent on year.
Indonesia will provide March numbers for retail sales; in February, sales were up 6.4 percent on year.
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Yen Retreats Against Majors
The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday.
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5h 28min ago
BoJ Chief Says Future Rate Decisions Will Be Data Dependent
Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike. At each monetary policy meeting, the BoJ will make policy decisions based on its assessment of economic activity and prices with the data and information available at the time of each meeting, Ueda told business leaders in Nagoya.
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5h 30min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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7h 40min ago
European Shares Poised To Open On Firm Note
European stocks are seen opening on a positive note Monday, even as the upside may remain capped due to concerns about the path of interest rates.
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7h 53min ago
European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade data from the euro area is the only major statistical report due on Monday, headlining a very light day for the European economic news. At 2.30 AM ET, Switzerland's Federal Statistical Office publishes industrial production data for the third quarter.
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8h 27min ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street on Friday, boosted by strong gains in China, Hong Kong and South Korea. Trades also reacted to the US Fed Chair Jerome Powell's recent somewhat hawkish comments, suggesting doesn't need to hurry to lower rates. Asian markets closed mixed on Friday.
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10h 3min ago
Sensex, Nifty Seen Lower At Open
Indian shares may open lower on Monday after the S&P 500 and Nasdaq notched their biggest one-day losses in two weeks Friday.
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10h 56min ago
Japanese Market Significantly Lower
The Japanese stock market is trading significantly lower on Monday, reversing the gains in the previous session. The benchmark S&P/ASX 200 is falling well above the 38,400 level, following the broadly negative cues from Wall Street on Friday, with weakness across most sectors led by index heavyweights, financial and technology stocks.
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11h 4min ago
