Japan PPI, U.S. CPI Due On Friday As Markets Await Key Data

Japan's producer price index and U.S. consumer price index are set to be the main market focus on Friday, according to ETNet. Russia President Vladimir Putin is visiting India and will meet Prime Minister Narendra Modi through the 13th. At 7:50 am UTC+8, Japan will release August producer price index data, with the monthly reading expected to be unchanged and the annual rate seen rising to 7.4% from 7.2%. At 2:00 pm, Britain will publish July services output and industrial production data, with services output expected to be flat on the month, industrial production forecast to fall 0.2% on the month, and the annual rate seen improving to 0.2% from a 0.2% decline. At 8:30 pm, the U.S. will release August CPI, with the monthly rate expected to accelerate to 0.4% from 0.1% and the annual rate seen steady at 3.4%; core CPI is forecast to ease to 2.4% from 2.5%. At 10:00 pm, the University of Michigan will publish its September consumer sentiment index, expected to slip to 51 from 51.7. In Hong Kong, companies due to report earnings tomorrow include Lung Hoi International Holdings (01007).