U.S. retail sales drop further severely in April, consumer activity to remain weak for several months
Australian labor market seems to be stabilizing, businesses expect to increase staff in months ahead
U.S. industrial production falls sharply by 11.2 pct in April, likely to remain in negative territory in 2020
FxWirePro: Asian markets in green, gold hovers around $1,600 mark
All the major Asian indices were trading on a higher note on Monday. Gold was trading around $1,601 mark while silver was trading around $16.96 mark.
Japan’s Nikkei was trading 0.85 pct higher at 21,342.50 points.
Australia’s S&P/ASX 200 was trading 0.88 pct lower at 6,384.30 points.
India’s NSE was trading 1.35 pct higher at 11,353.85 points and BSE sensex 1.36 pct higher at 38,815.10 points.
South Korea’s kospi was trading 1.01 pct higher at 2,006.11 points.
Hong Kong’s Hang seng was trading 0.76 pct higher at 26,326.50 points.
Taiwanese stock was trading around 0.25 pct lower at 11,263.60 points.