Japan (NKY:IND) -2.86%. The Japanese economy avoids recession thanks to strong capital expenditures that stimulate the fourth quarter GDP, revised upwards to a slight expansion.
China (SHCOMP) +0.08%. Chinese consumer prices rose for the first time in six months to 0.7% y/y in February, above forecasts.
Meanwhile, producer prices fell 2.7% y/y last year month, remaining negative for the 17th consecutive month.
Hong Kong (HSI) +1.28%.
India (SENSEX) -0.35%. Investors on Tuesday anticipated Indian inflation data for February and industrial production for January.
Australia (AS51) -1.81%.
In the United States, all three major indexes ended a volatile session lower on Friday, as the rally in chip stocks lost momentum and traders digested the latest monthly jobs report, which showed the U.S. economy added more jobs than expected in February, even as the unemployment rate unexpectedly rose.
U.S. stock futures fell slightly on Monday as investors looked forward to key inflation data later this week. Dow -0.15%; S&P500 -0.17%; Nasdaq -0.27%.
Week ahead: In the United States, financial markets will keep their eyes on the US inflation rate along with retail sales, manufacturer inflation, the Michigan Consumer Confidence Index and industrial production. In the UK, the focus will be on the unemployment rate, industrial production, GDP growth data for January and foreign trade statistics. From China, the focus will be on monetary indicators, including new yuan loans, auto sales and the house price index.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).