European Economic News Preview: Eurozone GDP Data Due

RTTNews | hace 175
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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Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
RTTNews | hace 12 minutos
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in four straight sessions, gathering almost 80 points or 2.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,640-point plateau although it may run out of steam on Friday.
RTTNews | hace 17 minutos
Taiwan Stock Market May Hand Back Thursday's Gains

Taiwan Stock Market May Hand Back Thursday's Gains

The Taiwan stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 24,000-point plateau although it's likely to turn lower again on Friday.
RTTNews | hace 47 minutos
Singapore Bourse Due For Profit Taking On Friday

Singapore Bourse Due For Profit Taking On Friday

The Singapore stock market has climbed higher in four straight sessions, gathering more than 100 points or 2.4 percent along the way. The Straits Times Index now sits just beneath the 4,260-point plateau although investors may lock in gains on Friday.
RTTNews | hace 1h 17min
Japan Household Spending Slumps 5.2% In June

Japan Household Spending Slumps 5.2% In June

The average of household spending in Japan was down a seasonally adjusted 5.2 percent on month in June, the Ministry of Internal Affairs and Communications aid on Friday - coming in at 316,085 yen.
RTTNews | hace 1h 41min
Malaysia Stock Market May Be Stuck In Neutral On Friday

Malaysia Stock Market May Be Stuck In Neutral On Friday

The Malaysia stock market has moved higher in three straight sessions, collecting more than 20 points or 1.5 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,550-point plateau although it's due for consolidation on Friday.
RTTNews | hace 1h 47min
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