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Asian Markets Extend Losses - Friday Asian Market Update

Good day!

We hope you had a good result in the earlier trading session. Let's recap some activities that happened in today's Friday economic recap.

Symbol Bias Quick Recap
AUDNZDimagerose 0.05%. Last traded price at 1.06211
WTI Crudeimagedropped -1.84%. Last traded price at 35.36
USDCHFimagedropped -0.14%. Last traded price at 0.91407
NZDUSDimagedropped -0.19%. Last traded price at 0.66162
EURUSDimagerose 0.03%. Last traded price at 1.16816
USDJPYimagedropped -0.35%. Last traded price at 104.191
AUDJPYimagedropped -0.50%. Last traded price at 73.218
Bitcoinimagedropped -1.85%. Last traded price at 13222.20
Goldimagerose 0.03%. Last traded price at 1869.01

Asian Market Update:
Asian Markets Extend Losses
(RTTNews) Asian stock markets are extending losses on Friday from the previous session despite the overnight gains on Wall Street, as worries about the outlook for tech companies weighed on the markets. Tech giant Apple's suppliers in the Asian region are notably lower. Investors also remained cautious due to the surging coronavirus cases in the U.S. and Europe.

Recent published reports:
image Thursday 07:50 AM Preliminary Report on the Current Survey of Commerce (September 2020) Source: Ministry of Economy, Trade and Industry
image Thursday 07:50 AM Trade Statistics (First 10 Days of October 2020 [Provisional]) Source: Ministry of Economy, Trade and Industry
image Thursday 10:00 AM NAB Quarterly Business Survey – September 2020 Source: NAB Group Economics
image Thursday 12:15 PM Statement on Monetary Policy Source: Bank of Japan
image Thursday 12:17 PM Consumer Confidence Survey Source: Cabinet Office
image Thursday 06:00 PM Tax-to-GDP ratio at 41.1% in EU Source: Eurostat
image Thursday 06:00 PM Fall in household real consumption per capita accelerates in both euro area and EU Source: Eurostat
image Thursday 08:30 PM Gross Domestic Product, 3rd Quarter 2020 (Advance Estimate) Source: Bureau of Economic Analysis
image Thursday 08:30 PM Payroll employment, earnings and hours, August 2020 Source: Statistics Canada
image Thursday 08:30 PM Building permits, September 2020 Source: Statistics Canada
image Thursday 09:00 PM Inflation rate expected to be -0.2% in October 2020 Source: Statistisches Bundesamt (Destatis)
image Friday 07:50 AM Preliminary Report on Indices of Industrial Production (September 2020) Source: Ministry of Economy, Trade and Industry
image Friday 07:50 AM Preliminary Report on Current Survey of Production (September 2020) Source: Ministry of Economy, Trade and Industry
image Friday 09:00 AM Speech by Board Member SAKURAI in Fukui on Oct. 21, 2020 (Economic Activity, Prices, and Monetary Policy in Japan (via webcast)) Source: Bank of Japan
image Friday 09:30 AM The Australian economy contracted 0.3 per cent in 2019-20 (Media Release), 2019-20 Source: Australian Bureau of Statistics
image Friday 12:30 PM Preliminary Report on Petroleum Statistics (September 2020) Source: Ministry of Economy, Trade and Industry
image Friday 02:05 PM Monetary policy decisions Source: European Central Bank

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Upcoming economic events (GMT+8):
image image Friday 02:30 PM France Gross Domestic Product
image image Friday 03:00 PM Germany Gross Domestic Product
image image Friday 03:00 PM Germany Retail Sales
image image Friday 03:30 PM Switzerland Real Retail Sales
image image Friday 04:00 PM Switzerland KOF Economic Barometer
image image Friday 06:00 PM Euro Area Unemployment Rate
image image Friday 06:00 PM Euro Area Consumer Price Index
image image Friday 06:00 PM Euro Area Gross Domestic Product
image image Friday 08:30 PM Canada Gross Domestic Product
image image Friday 08:30 PM U.S. Personal Income
image image Friday 08:30 PM U.S. Core Personal Consumption Expenditure - Price Index
image image Friday 08:30 PM U.S. Personal Spending
image image Friday 09:45 PM U.S. Chicago Purchasing Managers' Index
image image Friday 10:00 PM U.S. Michigan Consumer Sentiment Index
image image Friday 10:30 PM Germany German Buba President Weidmann speech
image image Saturday 09:00 AM China Non-Manufacturing PMI
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