European Economic News Preview: UK Unemployment Data Due

RTTNews | Před 653 dny
European Economic News Preview: UK Unemployment Data Due

(RTTNews) - Unemployment from the UK and economic confidence survey results from Germany are the top economic news due on Tuesday.

At 2.00 am ET, the Office for National Statistics releases UK labor market statistics. The jobless rate is seen unchanged at 4.0 percent in three months to June.

In the meantime, consumer prices from Sweden and foreign trade from Norway are due. Sweden's inflation is expected to remain unchanged at 9.3 percent in July. At 2.30 am ET, the Federal Statistical Office is set to issue Swiss producer and import prices for July. Producer and import prices are forecast to drop 0.5 percent annually after falling 0.6 percent in June.

At 3.30 am ET, Russia's central bank is slated to announce the outcome of its emergency policy meeting. The central bank had called an extraordinary meeting to step up measures to contain the sharp fall of the currency.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic confidence index is seen unchanged at -14.7 in August.

At 6.00 am ET, the European Commission is scheduled to publish summer economic forecast.

read more
Yen Falls As U.S. Court Blocks Trump's Tariffs

Yen Falls As U.S. Court Blocks Trump's Tariffs

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after a U.S. federal court blocked U.S. President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority.
RTTNews | Před 1 h 12 min
European Shares Set To Open On Buoyant Note

European Shares Set To Open On Buoyant Note

European stocks may open on a buoyant note Thursday as chip giant Nvidia reported better-than-expected earnings and revenue, and a U.S. federal court blocked President Donald Trump's attempt to impose sweeping tariffs under emergency powers, dealing a blow to a key part of his economic agenda.
RTTNews | Před 1 h 55 min
Bank Of Korea Cuts Policy Rate By 25 Bps

Bank Of Korea Cuts Policy Rate By 25 Bps

The Bank of Korea lowered its benchmark rate by a quarter-point to mitigate downside pressure on the economy. The monetary policy board, governed by Rhee Chang Yong, unanimously decided to cut the Base Rate by 25 basis points to 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point in February.
RTTNews | Před 2 h 39 min
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | Před 2 h 45 min
Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

Indian shares opened on a firm note Thursday after technology giant Nvidia buoyed investors with a bullish outlook for the growth in artificial intelligence and the U.S. Court of International Trade blocked President Trump's proposed "Liberation Day" tariffs, saying he had overstepped his authority.
RTTNews | Před 3 h 17 min
Australian Market Slightly Trims Early Gains In Mid-market

Australian Market Slightly Trims Early Gains In Mid-market

The Australian market is slightly trimming its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy and technology stocks partially offset by a mixed performance in mining and financial stocks.
RTTNews | Před 4 h 14 min
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, after a U.S. federal court blocked US President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority. Asian markets closed mostly lower on Wednesday.
RTTNews | Před 4 h 34 min
Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs

Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs

Indian shares look set to open higher on Thursday as investors react to encouraging industrial output data, upbeat Nvidia earnings and a U.S. court ruling blocking President Trump's "Liberation Day" tariffs, citing overreach of power.
RTTNews | Před 5 h 9 min