European Economics Preview: UK Public Sector Finance, Retail Sales Data Due

RTTNews | il y a 1026
European Economics Preview: UK Public Sector Finance, Retail Sales Data Due

(RTTNews) - Public sector finances and retail sales from the UK are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK public sector borrowing and retail sales data. The budget deficit is seen widening to GBP 17.5 billion from GBP 11.8 billion in August. Retail sales are forecast to fall 0.5 percent on month in September, slower than the 1.6 percent decrease a month ago.

At 4.00 am ET, retail sales from Poland and current account from Greece are due. Economists forecast Poland retail sales to grow 21.5 percent annually in September following a 21.5 percent rise in August.

At 6.00 am ET, foreign trade and wholesale prices are due from Ireland. At 10.00 am ET, the European Commission is set to issue flash consumer confidence survey data for October. Economists forecast the euro area sentiment index to fall to -30.0 from -28.8 in September.

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European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK unemployment data. The jobless rate is forecast to remain unchanged at 4.7 percent in the second quarter. At 3.00 am ET, retail sales figures are due from Turkey.
RTTNews | il y a 3h 48min
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.
RTTNews | il y a 5h 24min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.
RTTNews | il y a 6h 3min