European Economic News Preview: Germany Final Inflation Data Due

RTTNews | vor 726 Tagen
European Economic News Preview: Germany Final Inflation Data Due

(RTTNews) - Final consumer prices data from Germany is the only major economic report due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is set to issue Germany's final consumer and harmonized prices for July. Consumer price inflation is forecast to ease to 6.2 percent, as initially estimated, from 6.4 percent in June.

At 2.30 am ET, consumer prices and foreign trade figures are due from Hungary. Inflation is seen at 17.6 percent in July, down from 20.1 percent in June.

At 2.45 am ET, foreign trade and current account reports are due from France. The trade deficit is expected to narrow to EUR 8 billion in June from EUR 8.41 billion in May. At 5.00 am ET, the Hellenic Statistical Authority releases Greece inflation data for July.

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Malaysia Shares May Hand Back Friday's Gains

Malaysia Shares May Hand Back Friday's Gains

The Malaysia stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,535-point plateau although it may tick lower again on Monday.
RTTNews | vor 13 Minuten
Japan Stock Market May Extend Friday's Losses

Japan Stock Market May Extend Friday's Losses

The Japan stock market headed south again on Friday, one day after ending the four-day losing streak in which it had given up almost 1,175 points or 2.8 percent. The Nikkei 225 now sits just shy of the 40,800-point plateau and it may open to the downside again on Monday.
RTTNews | vor 28 Minuten
South Korea Shares May Extend Losing Streak

South Korea Shares May Extend Losing Streak

The South Korea stock market has moved lower in back-to-back sessions, tumbling more than 135 points or 3.9 percent along the way. The KOSPI now sits just shy of the 3,120-point plateau and it's likely to take further damage on Monday.
RTTNews | vor 43 Minuten
Japan Monetary Base Data Due On Monday

Japan Monetary Base Data Due On Monday

Japan will on Monday release July figures for monetary base, highlighting a very light day for Asia-Pacific economic activity. In June, the base was down 3.3 percent on year.
RTTNews | vor 1Std 43 Minuten
U.S. Construction Spending Unexpectedly Sees Further Downside In June

U.S. Construction Spending Unexpectedly Sees Further Downside In June

The Commerce Department released a report on Friday unexpectedly showing a continued decrease by U.S. construction spending in the month of June. The report said construction spending fell by 0.4 percent to an annual rate of $2.136 trillion in June after sliding by 0.5 percent to a revised rate of $2.144 trillion in May.
RTTNews | vor 2 Tagen