European Economic News Preview: Bundesbank Monthly Report Due

RTTNews | hace 921
European Economic News Preview: Bundesbank Monthly Report Due

(RTTNews) - A monthly report from Germany's central bank is the only major data due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Sweden is scheduled to issue consumer prices for January. Consumer price inflation is forecast to ease to 11.8 percent from 12.3 percent in December.

At 4.00 am ET, industrial production, producer prices and employment figures are due from Poland. Industrial production is seen growing 4.3 percent annually in January after rising 1.0 percent in December. Economists forecast producer price inflation to slow to 18.5 percent from 20.4 percent a month ago.

At 5.00 am ET, Eurostat releases euro area construction output data for December.

At 6.00 am ET, Germany's central bank is set to publish the February edition of the Monthly Report that comments on the economic situation during the winter 2022/23.

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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 | hace 1h 50min
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 | hace 2h 19min
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 | hace 3h 25min
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | hace 3h 43min
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

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 | hace 3h 55min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | hace 4h 4min