European Economics Preview: UK Retail Sales Data Due

RTTNews | 1140 दिनों पहले
European Economics Preview: UK Retail Sales Data Due

(RTTNews) - Retail sales from the UK and business confidence from Germany are the major economic reports due on Friday.

At 2.00 am ET, the Office for National Statistics releases UK retail sales data for May. Sales are forecast to fall 0.7 percent on month, in contrast to the 1.4 percent rise in April.

At 3.00 am ET, Spain's statistical office INE is scheduled to issue revised quarterly national accounts for the first quarter. The statistical office is expected to confirm the sequential growth of 0.3 percent.

At 4.00 am ET, Germany ifo business confidence survey results are due. The sentiment index is expected to fall slightly to 92.9 in June from 93.0 in May.

In the meantime, Italy's Istat releases business and consumer confidence survey results for June. Economists forecast the business confidence index to fall to 108.5 from 109.3 in May. Also, Poland's unemployment data is due at 4.00 am ET. The jobless rate is seen at 5.1 percent in May from 5.2 percent in April.

read more
Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | 1घंटे 27 मिनट पहले
China Exports Growth Accelerates; Imports Rise Unexpectedly

China Exports Growth Accelerates; Imports Rise Unexpectedly

China's exports logged a robust growth in July as the sharp decline in shipments to the US was offset by the rise in exports to the EU and other markets, official data revealed Thursday. Exports surged 7.2 percent on a yearly basis, following June's 5.8 percent increase, the customs office reported. Exports were forecast to climb 5.4 percent.
RTTNews | 2घंटे 1 मिनट पहले
UK House Prices Rise At Fastest Pace In 6 Months

UK House Prices Rise At Fastest Pace In 6 Months

UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax showed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a steady pace of 0.1 percent in July. Moreover, this was the fastest growth sinc
RTTNews | 2घंटे 40 मिनट पहले
NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 3घंटे 0 मिनट पहले
Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 3घंटे 10 मिनट पहले
German Exports Recover In June

German Exports Recover In June

Germany's exports grew for the first time in three months in June despite falling shipments to the US, data from Destatis revealed Thursday. Exports advanced 0.8 percent on a monthly basis in June, reversing a fall of 1.4 percent in May. Shipments were expected to rise 0.5 percent. Reflecting the impact of higher tariff, exports to the United States dropped 2.1 percent on a monthly basis.
RTTNews | 3घंटे 11 मिनट पहले