European Economic News Preview: Bank Of England Policy Announcement Due

RTTNews | vor 841 Tagen
European Economic News Preview: Bank Of England Policy Announcement Due

(RTTNews) - The monetary policy decision from the Bank of England is the major event due on Thursday.

The BoE is set to raise the benchmark interest rate by 25 basis points to 4.50 percent. The announcement is due at 7.00 am ET.

The bank is also set to publish its quarterly monetary policy report that highlights the economic outlook and inflation projections.

No other major statistical reports are due on Thursday.

At 3.00 am ET, the Czech Statistical Office publishes consumer price data for April. Inflation is forecast to ease to 13.3 percent from 15.0 percent in March.

At 6.00 am ET, consumer price figures for April are due from Ireland. Prices had increased 7.7 percent annually in March.

At 8.00 am ET, the National Institute of Economic and Social Research publishes UK GDP tracker.

read more
European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | vor 2Std 9 Minuten
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | vor 4Std 13 Minuten
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | vor 4Std 43 Minuten
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | vor 5Std 49 Minuten