European Economic News Preview: UK Inflation Data Due

RTTNews | hace 702
European Economic News Preview: UK Inflation Data Due

(RTTNews) - Consumer and producer prices from the UK are 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 publishes UK consumer and producer prices for September. Consumer price inflation is forecast to ease to 6.6 percent from 6.7 percent in August. Factory gate prices are forecast to fall 0.2 percent annually after easing 0.4 percent in August.

At 3.00 am ET, Statistics Austria releases final consumer price data for September.

At 4.30 am ET, UK house price data for August is due.

At 5.00 am ET, Eurostat is slated to release euro area final harmonized inflation figures. The flash estimate showed that inflation eased to 4.3 percent in September from 5.2 percent in August.

read more
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, as traders continued to digest the US Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
RTTNews | hace 19 minutos
Thai Shares May Halt Slide On Friday

Thai Shares May Halt Slide On Friday

The Thai stock market has moved lower in consecutive trading days, shedding more than 10 points of 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau, although it may find support on Friday.
RTTNews | hace 1h 21min
Japanese Market Notably Higher

Japanese Market Notably Higher

Extending the gains in the previous session, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 45,700 level, with gains across most sectors led by automakers, financial and technology stocks.
RTTNews | hace 1h 39min
Higher Open Tipped For Indonesia Stock Market

Higher Open Tipped For Indonesia Stock Market

The Indonesia stock market on Thursday ended the seven-day winning streak in which it had surged almost 400 points or 5 percent. The Jakarta Composite Index now sits just shy of the 8,010-point plateau, although it may tick higher again on Friday.
RTTNews | hace 1h 51min
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains energy and technology stocks partially offset by weakness in mining stocks.
RTTNews | hace 1h 51min
Hong Kong Bourse Expected To Remain Rangebound

Hong Kong Bourse Expected To Remain Rangebound

The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,550-point plateau although it's likely to move back to the upside again on Friday.
RTTNews | hace 2h 6min
China Shares May Bounce Higher Again On Friday

China Shares May Bounce Higher Again On Friday

The China stock market on Thursday ended the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index now rests just above the 3,830-point plateau although it's expected to rebound on Friday.
RTTNews | hace 2h 21min