Australian labor market seems to be stabilizing, businesses expect to increase staff in months ahead
U.S. retail sales drop further severely in April, consumer activity to remain weak for several months
U.S. industrial production falls sharply by 11.2 pct in April, likely to remain in negative territory in 2020
FxWirePro: Asian markets tremendously lower, gold hovers around $1,640 mark
All the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,640 mark while silver was trading around $17.54 mark.
Japan’s Nikkei was trading 4.20 pct lower at 21,027.50 points.
Australia’s S&P/ASX 200 was trading 3.35 pct lower at 6,435.30 points.
India’s NSE was trading 2.88 pct lower at 11,300.85 points and BSE sensex 2.75 pct lower at 38,643.10 points.
South Korea’s kospi was trading 3.08 pct lower at 1,992.11 points.
Hong Kong’s Hang seng was trading 2.97 pct lower at 25,979.50 points.
Taiwanese stock will remain close in observance of Lunar New Year.