Advertisement
European Economic News Preview: Bank Of England's Financial Stability Report Due
(RTTNews) - The financial stability report from the Bank of England is due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Bank of England releases the Financial Policy Committee summary and record.
At 3.00 am ET, Spain's statistical office INE is scheduled to issue final consumer and harmonized prices for June. The flash estimate showed that consumer price inflation eased to 1.9 percent, the lowest since early 2021, from 3.2 percent in May.
At 6.00 am ET, final consumer price data is due from Portugal. Consumer price inflation is forecast to slow to 3.4 percent in June, as initially estimated, from 4.0 percent in May.
read more
European Shares Inch Lower As Focus Shifts To Inflation Readings
European stocks drifted lower on Monday ahead of key inflation releases from Germany, France, Italy, and Spain due later in the week.
RTTNews
|
34 minutes ago
Asian Shares Rise As Powell Signals Rate Cuts
Asian stocks rose broadly on Monday as Federal Reserve Chair Jerome Powell's dovish signals at the Jackson Hole symposium opened the door to an interest rate cut next month.
RTTNews
|
55 minutes ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
RTTNews
|
1h 37min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews
|
1h 43min ago
European Shares Seen Lower At Open As Nvidia Earnings Loom
European stocks are seen opening broadly lower on Monday as investors look ahead to a busy week of economic data and await Nvidia earnings.
RTTNews
|
3h 53min ago
Sensex, Nifty Open Higher On Firm Global Cues; IT Stocks Lead Gains
Indian shares opened higher on Monday, mirroring positive cues from global markets amid renewed optimism over a potential U.S. Federal Reserve rate cut.
RTTNews
|
4h 57min ago
Australian Market Slashes Early Gains In Mid-market
The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews
|
6h 3min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews
|
6h 20min ago
