European Economic News Preview: Eurozone Final Inflation Data Due

RTTNews | Před 604 dny
Stocktwits
European Economic News Preview: Eurozone Final Inflation Data Due

(RTTNews) - Final inflation and current account figures from the euro area are the top economic news due on Tuesday.

At 2.00 am ET, Switzerland's customs office is scheduled to issue foreign trade data for August. The trade surplus totaled CHF 2.6 billion in July.

At 3.00 am ET, final inflation data is due from Austria. The initial estimate showed that consumer price inflation rose to 7.5 percent in August from 7.0 percent in July.

At 4.00 am ET, the European Central Bank publishes euro area current account figures for July. The current account surplus is seen at EUR 30.2 billion compared to EUR 35.84 billion in June.

At 5.00 am ET, Eurostat releases euro area final consumer price data for August. The statistical office is expected to confirm inflation at 5.3 percent, which was unchanged down from July.

In the meantime, current account data is due from Italy.

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Commodity Currencies Slide, Yen Rises Amid Cautious Trade

Commodity Currencies Slide, Yen Rises Amid Cautious Trade

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, as traders remain cautious amid continued uncertainty surrounding U.S. President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K.
RTTNews | Před 1 h 56 min
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | Před 4 h 11 min
European Markets Seen Opening Weak On Thursday

European Markets Seen Opening Weak On Thursday

Stock markets in Europe are expected to open on a weak note on Thursday amidst fading enthusiasm regarding the de-escalation in global trade tensions. Absence of fresh catalysts on the trade front, a cooling tech rally as well as anxiety ahead of a speech by Fed Chair Jerome Powell are also expected to keep market sentiment muted.
RTTNews | Před 4 h 12 min
European Economic News Preview: UK GDP & Foreign Trade Data Due

European Economic News Preview: UK GDP & Foreign Trade Data Due

First quarterly GDP estimates and foreign trade from the UK and flash GDP and employment from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK GDP, industrial output and foreign trade figures. The economy is expected to remain flat on month in March after expanding 0.5 percent in February.
RTTNews | Před 5 h 22 min
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