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German industrial orders rose more than expected in August due to a strong increase in computing, electronic and optical products, but the outlook for the sector remains challenging. Orders rose by 3.9% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Friday. "This means that incoming orders have stabilised after a two-year decline," said Ralph Solveen, chief economist at Commerzbank.

South Korea's factory output unexpectedly jumped in August by the fastest rate in more than three years, led by chip production, official data showed on Wednesday. The industrial output index rose 5.5% in August from the previous month on a seasonally adjusted basis, after a 2.0% fall in July, according to Statistics Korea. That contrasts with a median 0.2% fall forecast in a Reuters survey and marks the fastest monthly gain since June 2020.

SEOUL (Reuters) -South Korea's exports fell at a less steeper pace in August than in the previous month and market expectations, raising some hopes that the key trade engine of the economy is starting to turn a corner though doubts remain over weak demand in China. The August figure was better than the median forecast for an 11.6% decline in a Reuters survey of economists, beating all but one of 22 estimates. The decline in China-bound exports softened to 20% from 25% the previous month, ...

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The inflation report the government will issue Thursday is expected to show that consumer prices increased 3.3% from 12 months earlier. On a month-to-month basis, consumer prices are thought to have risen 0.2% from June to July, the same as in the previous month, according to a survey of forecasters by the data firm FactSet. A jump in energy prices was likely a major contributor to higher inflation in July.

July CPI is a key factor in the Federal Reserve's decision on whether to hike interest rates next month.

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Used auto prices are down for a third straight month, setting the expectation that June's consumer price index print will show further easing.

After a hiatus of several months, Russia resumed foreign currency interventions in January, selling yuan rather than what it terms "unfriendly" Western currencies, underscoring the growing importance of China's currency in Moscow's efforts to ensure economic stability amid Western sanctions. The finance ministry said its regular FX sales on the market would total 34.9 billion roubles over the coming month.