European Economics Preview: UK GDP, Foreign Trade Data Due

RTTNews | Před 1058 dny
European Economics Preview: UK GDP, Foreign Trade Data Due

(RTTNews) - GDP estimates and foreign trade data from the UK and final inflation figures from Germany and France are due on Wednesday, headlining a busy day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases the UK national accounts, industrial output and foreign trade figures. The economy is forecast to remain flat on month in May, following a 0.3 percent fall in April.

The UK visible trade deficit is seen at GBP 21.2 billion in May versus a GBP 20.9 billion shortfall logged in the previous month.

In the meantime, Germany's Destatis publishes revised consumer and harmonized inflation data for June. According to flash estimate, consumer price inflation eased to 7.6 percent from 7.9 percent in May. The statistical office is expected to confirm the preliminary estimate.

At 2.45 am ET, France's final inflation figures are due. Consumer price inflation is seen at 5.8 percent in June, unchanged from the flash estimate and down from 5.2 percent in May.

At 3.00 am ET, consumer prices figures are due from Spain and the Czech Republic. Spain's INE is expected to confirm consumer price inflation at 10.2 percent in June. At 5.00 am ET, Eurostat publishes euro area industrial production figures for May. Production is forecast to grow 0.3 percent on month, after rising 0.4 percent in April.

read more
Australian Market Slips To Slight Losses In Mid-market

Australian Market Slips To Slight Losses In Mid-market

The Australian market is slipping to slight losses in mid-market moves on Thursday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,550 level, with by weakness in energy and financial stocks partially offset gains in iron ore miners and some technology stocks.
RTTNews | Před 23 minutami
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, amid optimism about the outlook for interest rates after the release of some weaker than expected U.S. economic data, which raised concerns about the strength of the economy. Asian markets closed mostly higher on Wednesday.
RTTNews | Před 46 minutami
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares look set to open largely unchanged on Thursday as investors look ahead to the Reserve Bank of India's (RBI) monetary policy decision on June 6, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.
RTTNews | Před 1 h 18 min
Recovery Anticipated For Thai Stock Market

Recovery Anticipated For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, separated by the long holiday weekend - giving up more than 30 points or 2.4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,130-point plateau although it's likely to bounce higher again on Thursday.
RTTNews | Před 1 h 48 min
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese market is trading modestly lower on Thursday, reversing some of the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,650 level, with weakness in automakers, exporters and financial stocks partially offset by gains in technology stocks.
RTTNews | Před 2 h 12 min
Higher Open Tipped For Indonesia Stock Market

Higher Open Tipped For Indonesia Stock Market

The Indonesia stock market on Wednesday snapped the three-day slide in which it had dropped more than 150 points or 2.2 percent. The Jakarta Composite Index now rests just beneath the 7,070-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | Před 2 h 18 min
Win Streak May Continue For Hong Kong Stock Market

Win Streak May Continue For Hong Kong Stock Market

The Hong Kong stock market has moved higher in back-to-back sessions, accelerating almost 500 points or 2.4 percent along the way. The Hang Seng Index now sits just above the 23,650-point plateau and it's expected to open in the green again on Thursday,
RTTNews | Před 2 h 33 min
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains iron ore miners and technology stocks partially offset by weakness in energy stocks.
RTTNews | Před 2 h 47 min