European Economic News Preview: Eurozone GDP Data Due

RTTNews | vor 174 Tagen
Stocktwits
European Economic News Preview: Eurozone GDP Data Due

(RTTNews) - Revised quarterly national accounts data from the euro area is the top economic news due on Friday.

At 2.00 am ET, Destatis is scheduled to release Germany's wholesale prices for January. Economists forecast wholesale prices to rise 0.2 percent on month, following a 0.1 percent rise in December.

At 2.30 am ET, the Federal Statistical Office publishes Swiss producer and import prices for January. Prices are expected to gain 0.1 percent month-on-month after remaining flat in December.

At 3.00 am ET, Spain's INE releases final consumer and harmonized prices for January. The preliminary estimate showed that consumer price inflation rose to 3.0 percent from 2.8 percent in December.

At 5.00 am ET, Eurostat is set to publish Eurozone quarterly national accounts for the fourth quarter. The statistical office is expected to confirm that the currency bloc stagnated after expanding 0.4 percent in third quarter.

At 5.30 am ET, Russia's central bank announces its monetary policy decision. The bank is forecast to hold its benchmark rate at 21.00 percent.

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European Economic News Preview: BoE Likely To Cut Rates

European Economic News Preview: BoE Likely To Cut Rates

The Bank of England is widely expected to cut its interest rates for the fifth time in a year to support the economy even as inflation continued to stay stubbornly above the target. Markets anticipate a quarter-point cut, bringing the bank rate to 4.00 percent, which will be the lowest since early 2023.
RTTNews | vor 13 Minuten
European Shares Poised For Mixed Open

European Shares Poised For Mixed Open

European stocks are seen opening on a mixed note Thursday after U.S. President Donald Trump announced he will impose a 100 percent tariff on imports of semiconductors and chips, with exemptions for companies relocating production to the U.S.
RTTNews | vor 38 Minuten
Sensex, Nifty Open Lower On Tariff Concerns

Sensex, Nifty Open Lower On Tariff Concerns

Indian shares opened a tad lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
RTTNews | vor 1Std 45 Minuten
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending early losses in mid-market moves on Thursday, snapping a three session winning streak, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in iron ore miners and energy stocks.
RTTNews | vor 2Std 42 Minuten
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the broadly positive cues from Wall Street overnight, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the US Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | vor 3Std 10 Minuten
Thai Stock Market May See Continued Support On Thursday

Thai Stock Market May See Continued Support On Thursday

The Thai stock market has moved higher in three straight sessions, gathering more than 45 points or 3.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,265-point plateau and it's expected to extend its gains again on Thursday.
RTTNews | vor 4Std 12 Minuten
Australia June Trade Surplus A$5.365 Billion

Australia June Trade Surplus A$5.365 Billion

Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday.
RTTNews | vor 4Std 24 Minuten
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