European Economic News Preview: German Ifo Business Confidence Due

RTTNews | vor 66 Tagen
European Economic News Preview: German Ifo Business Confidence Due

(RTTNews) - Business sentiment data from Germany is due on Tuesday, headlining a light day for the European economic news.

At 3.00 am ET, the Czech Statistical Office is scheduled to publish business and consumer sentiment survey results.

At 4.00 am ET, the ifo Institute is set to release Germany's business sentiment survey data. Economists forecast the business climate index to rise to 88.2 in June from 87.5 in May. The current situation indicator is seen at 86.5 compared to 86.1 in the previous month.

At 6.00 am ET, the Confederation of British Industry publishes Industrial Trends survey results. The order book balance is expected to rise to -28 in June from -30 in the previous month.

At 8.00 am ET, Hungary's central bank announces its monetary policy decision.

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European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

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Australian Market Swings To Modest Gains In Mid-market

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Japanese Market Notably Lower

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Additional Support Predicted For Indonesia Shares

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The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | vor 4Std 44 Minuten