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European Economic News Preview: UK Inflation Data Due

RTTNews | vor 684 Tagen

European Economic News Preview: UK Inflation Data Due

(RTTNews) - Consumer and producer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics is set to publish UK consumer and producer prices for August. Economists forecast inflation to rise to 7.0 percent from 6.8 percent in July. Output prices are expected to fall 0.6 percent, following July's 0.8 percent decrease.

In the meantime, Destatis releases Germany's producer prices for August. Producer prices are forecast to fall 12.6 percent annually after easing 6.0 percent in July.

Also, the European Automobile Manufacturers' Association issues new car registrations data for August. Sales had increased 15.2 percent annually in July. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss quarterly economic forecast.

Also, European Central Bank executive board member Fabio Panetta is set to speak at a joint workshop of European Independent Fiscal Institutions and the ESCB in Frankfurt. Half an hour later, Andrea Enria, chair of the Supervisory Board of the ECB will deliver opening remarks at the ECB Supervision Innovators Conference in Frankfurt.

At 4.00 am ET, industrial production and producer prices figures are due from Poland. Economists forecast industrial output to drop 1.7 percent on year in August, slower than the 2.7 percent decrease in July. Producer prices are seen easing 2.6 percent after a 1.7 percent drop.

At 5.00 am ET, ECB's Isabel Schnabel is set to speak on current aspects of monetary policy at an event in Frankfurt.

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BoJ Minutes: Japan Economy Continues To Recover

BoJ Minutes: Japan Economy Continues To Recover

Members of the Bank of Japan's Monetary Policy Board felt that the country's economic recovery is continuing at an acceptable pace, minutes from the central bank's June 16-17 monetary policy meeting revealed on Tuesday - although it is starting to show signs of slowing.

RTTNews | vor 36 Minuten

Singapore Shares Poised To Open To The Upside On Tuesday

Singapore Shares Poised To Open To The Upside On Tuesday

The Singapore stock market on Monday halted the six-day losing streak in which it had stumbled almost 120 points or 2.9 percent. The Straits Times Index now sits just beneath the 4,200-point plateau and it may extend its gains on Tuesday.

RTTNews | vor 38 Minuten

Renewed Support Likely For Malaysia Stock Market

Renewed Support Likely For Malaysia Stock Market

The Malaysia stock market has alternated between positive and negative finishes through the last four 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 above the 1,525-point plateau although it's likely to bounce higher again on Tuesday.

RTTNews | vor 1Std 8 Minuten

Japan Stock Market May Stop The Bleeding On Tuesday

Japan Stock Market May Stop The Bleeding On Tuesday

The Japan stock market has moved lower in two straight sessions, tumbling almost 780 points or 1.8 percent along the way. The Nikkei 225 now sits just shy of the 40,300-point plateau although it's due for support on Tuesday.

RTTNews | vor 1Std 23 Minuten

South Korea Inflation Rises 0.2% In July

South Korea Inflation Rises 0.2% In July

Overall consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday.

RTTNews | vor 1Std 28 Minuten

Australia Services Sector Accelerates In July

Australia Services Sector Accelerates In July

The services sector in Australia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 54.1.

RTTNews | vor 1Std 34 Minuten

KOSPI May Add To Monday's Gains

KOSPI May Add To Monday's Gains

The South Korea stock market on Monday snapped the two-day slide in which it had stumbled more than 135 points or 3.9 percent. The KOSPI now sits just shy of the 3,150-point plateau and it may add to its winnings on Tuesday.

RTTNews | vor 1Std 38 Minuten

BoJ Minutes On Tap For Tuesday

BoJ Minutes On Tap For Tuesday

The Bank of Japan will on Tuesday release the minutes from its June 16-17 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

RTTNews | vor 2Std 38 Minuten

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