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European Economic News Preview: Spain Unemployment Data Due
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(RTTNews) - Unemployment from Spain is the top economic news due on Tuesday, headlining a light day for the European economic news.
At 2.30 am ET, the Federal Statistical Office releases Swiss consumer prices for September. Inflation is forecast to rise to 1.8 percent from 1.6 percent in August.
At 3.00 am ET, Spain's labor office is scheduled to publish unemployment data for September. The jobless claims are forecast to fall 12,200 after an increase of 24,800 in August.
At 6.00 am ET, Italy's statistical office releases non-EU trade data for July. The surplus totaled EUR 9.45 billion in June.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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European Shares Seen Up On Fed Rate Cut Hopes
European stocks are seen opening higher on Wednesday as July U.S. CPI inflation data suggested little impact from President Trump's tariffs, reinforcing bets the Federal Reserve will cut interest rates to support a cooling labor market.
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Sensex, Nifty Modestly Higher In Early Trade
Indian shares opened on a firm note Wednesday after official data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years, bringing inflation below RBI's tolerance band and raising prospects of another interest rate cut.
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il y a 4h 8min
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Wednesday, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling well below the 8,850 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, boosted by Hong Kong and Japanese markets amid improved outlook for interest rates after US consumer price inflation for July came in line with expectations. The U.S. and China also confirmed a 90-day extension of their trade truce. Asian markets closed mixed on Tuesday.
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Sensex, Nifty Set For Positive Open As Retail Inflation Hits 8-year Low
Indian shares look set to open on a positive note Wednesday after official data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years amid a continued fall in food prices.
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Rebound Anticipated For Thai Stock Market
Ahead of the long holiday weekend for Queen Sirikit's birthday, the Thai stock market had ended the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau although it's expected to bounce higher again on Wednesday.
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Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Wednesday, extending the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 43,300 level to fresh record all-time highs, with gains across all sectors led by exporters and financial stocks.
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il y a 6h 59min