Nikada
Japan (NKY:IND) -2.86%. Japan’s economy avoided recession as strong capex boosted Q4 GDP, which was 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. Producer prices dropped 2.7% Y/Y, remaining negative for the 17th consecutive month.
Hong Kong (HSI) +1.28%.
India (SENSEX) -0.35%. Investors await India’s 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 jobs report, which showed that the economy added more jobs than anticipated in February.
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: Traders will have their eyes on U.S. inflation data alongside retail sales, producer inflation, the Michigan consumer sentiment index, and industrial production. In the U.K., attention will turn to the unemployment rate, industrial production, GDP figures for January, and foreign trade statistics. In 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).
