European Economic News Preview: Eurozone Inflation Data Due

RTTNews | 638天前
European Economic News Preview: Eurozone Inflation Data Due

(RTTNews) - Flash inflation from the euro area and unemployment from Germany are the top economic news due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales data for October. Sales are forecast to fall 1.9 percent annually after easing 4.3 percent a month ago.

At 2.45 am ET, France's statistical office INSEE publishes flash consumer prices, GDP, household consumption and producer prices. The statistical office is expected to confirm 0.1 percent sequential growth for the third quarter. Harmonized inflation is seen at 4.1 percent in November compared to 4.5 percent in October.

At 3.00 am ET, Switzerland's KOF leading index is due. Economists forecast the leading index to rise to 96.6 in November from 95.8 in October.

At 3.55 am ET, Germany's Federal Labour Agency is scheduled to release unemployment data for November. The number of unemployed is forecast to increase 22,000 after rising 30,000 in October.

At 4.00 am ET, Italy's ISTAT publishes unemployment data for October. The jobless rate is seen at 7.5 percent compared to 7.4 percent in September.

In the meantime, consumer prices and revised GDP figures are due from Poland.

At 5.00 am ET, Eurostat is set to issue euro area flash inflation and unemployment data. Inflation is expected to ease to 2.7 percent in November from 2.9 percent in October. The euro area jobless rate is seen unchanged at 6.5 percent in October.

Also, preliminary inflation figures are due from Italy.

read more
European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 12分鐘前
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 2小時16分鐘前
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 2小時46分鐘前
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 3小時52分鐘前
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 4小時9分鐘前
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 4小時22分鐘前