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European Economics Preview: Germany Unemployment Data Due

RTTNews | hace 1131

European Economics Preview: Germany Unemployment Data Due

(RTTNews) - Unemployment and retail sales from Germany and quarterly national accounts and house prices from the UK are due on Thursday, headlining a hectic day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases revised UK GDP data for the first quarter. The statistical office is expected to confirm 0.8 percent sequential growth.

Also, UK Nationwide house price data is due for June. House price inflation is expected to ease to 10.8 percent from 11.2 percent in May. In the meantime, Destatis is slated to issue Germany's retail sales, labor market statistics and foreign trade prices. Economists forecast sales to grow 0.5 percent on month in May, reversing a 5.4 percent drop in April.

At 2.45 am ET, the French statistical office Insee publishes flash consumer prices, producer prices and consumer spending figures. Consumer price inflation is expected to rise to 5.7 percent in June from 5.2 percent in May.

At 3.30 am ET, Sweden's central bank announces its monetary policy decision. The bank is expected to raise its key rate to 0.75 percent from 0.25 percent. At 3.55 am ET, Germany's unemployment data is due. The jobless rate is seen unchanged at 5.0 percent in June.

At 4.00 am ET, Italy's Istat is scheduled to publish unemployment data. Economists forecast the unemployment rate to remain unchanged at 8.4 percent. At 5.00 am ET, Eurostat releases euro area unemployment data for May. The jobless rate is seen at 6.8 percent, unchanged from April.

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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 | hace 33 minutos

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 | hace 35 minutos

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 | hace 1h 5min

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 | hace 1h 20min

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 | hace 1h 25min

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 | hace 1h 31min

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 | hace 1h 35min

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 | hace 2h 35min

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