European Economic News Preview: BoE Chief To Attend Treasury Committee Hearing

RTTNews | 827天前
European Economic News Preview: BoE Chief To Attend Treasury Committee Hearing

(RTTNews) - The treasury select committee hearing of the Bank of England governor is the only major event due on Thursday.

At 3.00 am ET, the Czech Statistical Office releases producer prices for April. Producer price inflation is seen slowing to 7.5 percent from 10.2 percent in March.

At 4.00 am ET, foreign trade data is due from Spain.

At 5.00 am ET, European Central Bank President Christine Lagarde attends the official celebration of the 175th anniversary of the first German national parliamentary assembly event in Frankfurt.

At 5.15 am ET, Bank of England Chief Andrew Bailey and policymakers Ben Broadbent and Dave Ramsden are set to attend the Treasury Select Committee hearing on quantitative tightening.

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Asian Shares Mixed In Cautious Trade Before Powell Speech

Asian Shares Mixed In Cautious Trade Before Powell Speech

Asian stocks turned in a mixed performance on Friday as some strong U.S. economic data and hawkish comments from several Federal Reserve officials prompted traders to reduce their expectations for imminent rate cuts.
RTTNews | 24分鐘前
Yen Falls Amid BoJ Uncertainty

Yen Falls Amid BoJ Uncertainty

The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
RTTNews | 3小時24分鐘前
European Shares Set For Cautious Open Ahead Of Powell Speech

European Shares Set For Cautious Open Ahead Of Powell Speech

European stocks may open on a cautious note on Friday, with Federal Reserve Chair Jerome Powell's comments at Jackson Hole, Wyoming, likely to be in the spotlight amid an otherwise quiet day on the economic front.
RTTNews | 3小時29分鐘前
Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries

Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries

Indian shares opened on a weak note on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews | 4小時31分鐘前
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | 4小時40分鐘前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Friday, giving up some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
RTTNews | 5小時40分鐘前
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remain cautious amid lingering uncertainty about the outlook for interest rates ahead of US Fed Chair Jerome Powell's highly anticipated speech at the Jackson Hole Economic Symposium later in the day. Asian markets ended mixed on Thursday.
RTTNews | 6小時5分鐘前
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares may open on a sluggish note on Friday following six consecutive sessions of gains on optimism about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews | 6小時30分鐘前