Stocks in Asia traded little changed Friday morning as a data release showed China’s industrial output bouncing back more than expected in April.
NEW YORK (Reuters) - Asian stocks were set to rise on Friday amid investor optimism about the re-opening of the U.S. economy from coronavirus lockdowns and possibly more stimulus that could fuel a recovery.
SINGAPORE (Reuters) - The dollar eased from a three-week high on Friday but looked set for a modest weekly gain as rising Sino-U.S. tensions and worries about a second wave of coronavirus infections rattled investors.
BEIJING (Reuters) - China’s industrial output rose 3.9% in April from a year earlier, data showed on Friday, expanding for the first time this year as the world’s second-largest economy slowly emerged from its coronavirus lockdown.
TOKYO (Reuters) - Oil prices were mixed on Friday after big gains a day earlier when the International Energy Agency (IEA) predicted crude stockpiles would start to shrink in second-half 2020 after surging while the coronavirus pandemic slashed fuel demand.
In light of the recent developments on travel restrictions, the IRSG Secretariat in collaboration with the Ministry of Agriculture and Rural Development, Republic of Côte d’Ivoire and the Organising Committee of the World Rubber Summit (WRS) 2020 have postponed the conference until September 2020. The new dates will be communicated in due course.
Source Tyre Press