U.S. retail sales drop further severely in April, consumer activity to remain weak for several months
Canadian existing home sales fall quite sharply in April, likely to remain depressed for several months
U.S. industrial production falls sharply by 11.2 pct in April, likely to remain in negative territory in 2020
Australian labor market seems to be stabilizing, businesses expect to increase staff in months ahead
FxWirePro: Asian markets in red, gold stabilizes below $1,632 mark
All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,614 mark while silver was trading around $13.92 mark.
Japan’s Nikkei was trading 3.07 pct lower at 18,795.00 points.
South Korea’s kospi was trading 0.05 pct lower at 1,717.12 points.
Hong Kong’s Hang seng was trading 0.35 pct lower at 23,365.50 points.
Taiwanese stock was trading around 0.92 pct lower at 9,609.42 points.
India’s NSE was trading 1.05 pct lower at 8,572.75 points and BSE Sensex was trading 1.08 pct lower at 29,471.88 points.