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South Korea, Australia GDP Data Due On Wednesday

RTTNews | Pred 156 dňami

South Korea, Australia GDP Data Due On Wednesday

(RTTNews) - South Korea will on Wednesday release Q1 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 1.3 percent on quarter and 3.4 percent on year - both steady from the previous three months.

Australia also will see Q1 GDP data, with forecasts suggesting a gain of 0.2 percent on quarter and 1.2 percent on year after adding 0.2 percent on quarter and 1.5 percent on year in the previous three months.

New Zealand will see Q1 figures for terms of trade, with forecasts suggesting an increase of 2.8 percent on quarter following the 7.8 percent contraction in the previous three months.

Japan will provide April data for average cash earnings, with forecasts suggesting an increase of 1.7 percent on year following the 0.6 percent gain in March.

Singapore will release April numbers for retail sales; in March, sales were down 1.0 percent on month and up 2.7 percent on year.

Thailand will provide May data for consumer prices, with forecasts suggesting an increase of 1.1 percent on year following the 0.19 percent gain in April. Core CPI is seen higher by an annual 0.36 percent, easing from 0.37 percent in the previous month.

Finally, Australia (Judo Bank), Japan (Jibin Bank) and China (Caixin) will see May results for their respective services indexes.

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Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Lower Canadian and U.S. stock futures, weak commodity prices and European stocks point to a negative start for the Canadian market Friday morning. The focus will be on Canadian employment data.

RTTNews | Pred 6 h 10 min

Pound Falls Following BoE Rate Cut

Pound Falls Following BoE Rate Cut

The British pound weakened against other major currencies in the European session on Friday, after the Bank of England cut interest rates as expected but signaled stickier inflation.

RTTNews | Pred 7 h 10 min

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | Pred 8 h 3 min

Sensex, Nifty End Marginally Lower

Sensex, Nifty End Marginally Lower

Indian shares moved in a narrow range before finishing marginally lower on Friday after a busy week of central bank meetings and Donald Trump's victory in the U.S. presidential election.

RTTNews | Pred 8 h 25 min

Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Shares of Compagnie Financiere Richemont AG were losing around 4 percent in the morning trading in Switzerland after the Swiss luxury goods group reported Friday sharply lower profit in its first half with wider loss from discontinued operations as well as slightly lower sales. Weak demand in Asia Pacific, mainly China, offset improved performance in all other regions.

RTTNews | Pred 9 h 12 min

European Shares Slide As China Approves $838bn Debt Swap

European Shares Slide As China Approves $838bn Debt Swap

European stocks drifted lower on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $838 billion after a week-long session.

RTTNews | Pred 9 h 20 min

FTSE 100 Drifts Lower In Lackluster Trade

FTSE 100 Drifts Lower In Lackluster Trade

U.K. stocks were subdued on Friday, a day after the Bank of England cut interest rates as expected but signaled stickier inflation.

RTTNews | Pred 9 h 33 min

CAC 40 Edges Lower As Investors React To China's Stimulus Announcement

CAC 40 Edges Lower As Investors React To China's Stimulus Announcement

French stocks were little changed on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $839 billion after a week-long session.

RTTNews | Pred 9 h 44 min

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