European Economic News Preview: Eurozone Final HICP Data Due

RTTNews | 608天前
European Economic News Preview: Eurozone Final HICP Data Due

(RTTNews) - Final inflation data from the euro area is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Switzerland's Federal Customs Administration is scheduled to issue foreign trade data for November. The trade surplus is forecast to fall to CHF 3.5 billion from CHF 4.6 billion in October.

At 4.00 am ET, European Central Bank board member Andrea Enria is scheduled to deliver the introductory statement at ECB Banking Supervision press conference.

At 5.00 am ET, Eurostat publishes euro area final inflation figures for November. The initial estimate showed that inflation softened to 2.4 percent in November from 2.9 percent in October.

At 6.00 am ET, the Confederation of British Industry releases the Industrial Trends survey results.

At 8.00 am ET, Bank of England's Sarah Breeden is set to speak at the IIF talking policy series.

In the meantime, Hungary's central bank announces its monetary policy decision. The bank is forecast to cut the base rate to 10.75 percent from 11.5 percent.

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Yen Falls Amid Risk-on Mood

Yen Falls Amid Risk-on Mood

The Japanese yen weakened against other major currencies in the Asian session on Monday as Asian stock markets traded higher, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine and had "largely agreed".
RTTNews | 2小時1分鐘前
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 2小時12分鐘前
Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push

Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push

Indian shares opened on a buoyant note on Monday after S&P Global Ratings upgraded India's sovereign ratings and Prime Minister Narendra Modi promised next generational GST reforms by Diwali, which will bring down the tax burden on consumers as well as MSMEs.
RTTNews | 3小時33分鐘前
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in choppy mid-market trading on Monday, after opening in the red and briefly treading in to the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with weakness in mining and energy stocks.
RTTNews | 4小時26分鐘前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine, and had "largely agreed". Asian markets closed mostly higher on Friday.
RTTNews | 4小時48分鐘前
Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Indian shares look set to open on a positive note Monday after S&P Global Ratings upgraded India's sovereign ratings, citing buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment.
RTTNews | 5小時23分鐘前
Thai Shares May Tick Lower Again On Monday

Thai Shares May Tick Lower Again On Monday

The Thai stock market has finished lower in two straight sessions, slipping almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau and it figures to remain rangebound again on Monday.
RTTNews | 5小時59分鐘前