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European Economic News Preview: Eurozone Foreign Trade Data Due
(RTTNews) - Foreign trade data from the euro area is the only major statistical report due on Monday, headlining a light day for the European economic news.
At 2.30 AM ET, Switzerland's Federal Statistical Office publishes industrial production data for the third quarter.
At 3.00 AM ET, the Czech Statistical Office is scheduled to release producer prices for October. Economists expect producer prices to grow 0.9 percent annually, following a 0.6 percent rise in September.
At 4.00 am ET, foreign trade data is due from Spain.
At 5.00 am ET, Eurostat publishes euro area external trade data for September. The trade surplus is forecast to increase to EUR 7.9 billion from EUR 4.6 billion in the previous month.
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Australia Interest Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is expected lower its benchmark lending rate by 25 basis points, to 3.60 percent from 3.85 percent.
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U.S. Dollar Firms Against Majors
The U.S. dollar strengthened against its major counterparts in the New York session on Monday.
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2घंटे 7 मिनट पहले
Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up
Despite opening on a firm note, the Switzerland market paring gains and even slipped into negative territory in late afternoon trades on Monday, but managed to end the day's session slightly up.
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European Stocks Close On Mixed Note After Cautious Session
European stocks turned in a mixed performance on Monday after a cautious session as investors looked ahead to upcoming talks between the U.S. and Russia on the Ukraine war issue, and the ongoing tariff negotiations between the U.S. and China, as well as some crucial economic data, including a report on consumer price inflation in the world's largest economy.
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5घंटे 24 मिनट पहले
Rate Cut Hopes Drag The Dollar Down
The U.S. dollar declined against major currencies during the week ended August 8 amidst weak economic data that renewed hopes of a larger-than expected and higher-than-expected monetary policy easing by the Federal Reserve.
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Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh
Canadian stocks may open with a slightly positive bias on Monday with investors looking ahead to the crucial U.S. inflation data due this week. The focus is also Trump administration's trade negotiations with China, and on the upcoming talks between the U.S. and Russia, aimed at bringing an end to the war in Ukraine.
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10घंटे 17 मिनट पहले
FTSE 100 Up Marginally As Investors Look For Direction
The U.K. market is up in positive territory a little before noon on Monday with select counters attracting some strong buying interest. Uncertainty on the tariff front is rendering the mood a bit cautious and limiting the market's upside.
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11घंटे 52 मिनट पहले
CAC 40 Drifts Lower In Lackluster Trade
French stocks are down in negative territory on Monday as investors look for direction and make cautious moves while awaiting U.S. - Russia talks set to take place later in the week.
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