European Economics Preview: UK Autumn Budget Statement Due

RTTNews | il y a 913
European Economics Preview: UK Autumn Budget Statement Due

(RTTNews) - UK Chancellor of the Exchequer Jeremy Hunt is set to deliver his Autumn Statement on Thursday.

At 2.00 am ET, the European Automobile Manufacturers' Association is slated to issue Europe's passenger car registrations.

In the meantime, Swiss foreign trade data is due for October. The trade surplus totaled CHF 2.78 billion in September.

At 3.00 am ET, final consumer prices data from Statistics Austria is due.

At 4.00 am ET, Italy's ISTAT releases foreign trade figures for September. The trade deficit was EUR 9.56 billion in August.

At 5.00 am ET, Eurostat is slated to release euro area final consumer prices for October. Inflation is expected to rise to a record 10.7 percent, as initially estimated, from 9.9 percent in September.

At 7.30 am ET, UK Chancellor Jeremy Hunt delivers the Autumn Statement to Parliament. The package is set to include major measures to stabilize public finances. He is likely to hike taxes and cut spending totaling around GBP 50 billion to fix the hole in the public finances.

read more
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous three sessions, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,600 level, with a mixed performance across most sectors.
RTTNews | il y a 14 minutes
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has finished higher in four straight sessions, improving more than 275 points or 4 percent in that span. The Jakarta Composite Index now rests just above the 7,100-point plateau and it's expected to extend its gains again on Monday.
RTTNews | il y a 20 minutes
Hong Kong Bourse May Find Traction On Monday

Hong Kong Bourse May Find Traction On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping almost 300 points or 1.3 percent along the way. The Hang Seng Index now sits just beneath the 23,350-point plateau although it's due for support on Monday.
RTTNews | il y a 35 minutes
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is notably lower on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, technology and financial stocks partially offset by gains in gold miners.
RTTNews | il y a 43 minutes
China Stock Market May Snap Losing Streak

China Stock Market May Snap Losing Streak

The China stock market has moved lower in back-to-back sessions, slipping more than 35 points or 1 percent in that span. The Shanghai Composite Index now rests just above the 3,365-point plateau although it may stop the bleeding on Monday.
RTTNews | il y a 50 minutes
Taiwan Stock Market Tipped To Open In The Green

Taiwan Stock Market Tipped To Open In The Green

The Taiwan stock market bounced higher again on Friday, one day after snapping the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,840-point plateau although it's likely to tick higher again on Monday.
RTTNews | il y a 1h 20min
Higher Open Anticipated For Singapore Stock Market

Higher Open Anticipated For Singapore Stock Market

The Singapore stock market has moved higher in two straight sessions, collecting more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,900-point plateau and it may add to its winnings on Monday.
RTTNews | il y a 1h 50min
Malaysia Stock Market Tipped To Open To The Upside

Malaysia Stock Market Tipped To Open To The Upside

The Malaysia stock market has ticked lower in back-to-back sessions, shedding almost a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau although it may find support on Monday.
RTTNews | il y a 2h 20min