Nikada
Japan (NKY:IND) -2.86%. Japan’s economy avoids recession as strong capex boosts Q4 GDP, revised up to a slight expansion.
China (SHCOMP) +0.08%. China’s consumer prices rose for the first time in six months to 0.7% Y/Y in February, above consensus.
Meanwhile, producer prices dropped 2.7% Y/Y last month, remaining negative for the 17th consecutive month.
Hong Kong (HSI) +1.28%.
India (SENSEX) -0.35%. Investors anticipated Indian February inflation readings and industrial output for January on Tuesday.
Australia (AS51) -1.81%.
In the U.S. on Friday, all three major indexes ended a volatile session lower as the chip stocks rally lost steam and traders digested the latest monthly jobs report, which showed that the US economy added more jobs than anticipated in February, although the unemployment rate unexpectedly increased.
U.S. stock futures edged lower on Monday as investors looked forward to key inflation data later this week. Dow -0.15%; S&P 500 -0.17%; Nasdaq -0.27%.
Week ahead: In the United States, financial markets will have their eyes on the US inflation rate alongside retail sales, producer inflation, the Michigan consumer sentiment index, and industrial production. In the UK, attention will turn to the unemployment rate, industrial production, GDP growth figures for January, and foreign trade statistics. From China, the focus will be on monetary indicators, including new yuan loans, car sales, and the house price index.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).
