European Economic News Preview: Eurozone Final Inflation Data Due

RTTNews | 788 days ago
European Economic News Preview: Eurozone Final Inflation Data Due

(RTTNews) - Final inflation data from Eurozone is the only major economic report due on Friday.

At 3.00 am ET, the Czech Statistical Office releases producer prices for May. Prices are forecast to grow 3.8 percent annually, slower than the 6.4 percent increase in April.

In the meantime, final inflation figures are due from Austria.

At 4.00 am ET, Italy's Istat releases final consumer and harmonized prices for May. The flash estimate showed that consumer price inflation eased to 7.6 percent from 8.2 percent in April.

At 5.00 am ET, Eurostat publishes euro area consumer prices for May. The statistical office is expected to confirm 6.1 percent inflation for May, which was slower than April's 7.0 percent.

At 6.00 am ET, producer prices are due from Portugal.

read more
Singapore Shares May Stop The Bleeding On Wednesday

Singapore Shares May Stop The Bleeding On Wednesday

The Singapore stock market has finished lower in three straight sessions, slipping almost 40 points or 0.9 percent along the way. The Straits Times Index now sits just above the 4,220-point plateau although it may find traction on Wednesday.
RTTNews | 12 minutes ago
Win Streak May Continue For Malaysia Stock Market

Win Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved higher in six straight sessions, collecting more than 40 points or 2.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,565-point plateau and it's tipped to open in the green again on Wednesday.
RTTNews | 42 minutes ago
Overbought Japan Bourse Nonetheless Called Higher On Wednesday

Overbought Japan Bourse Nonetheless Called Higher On Wednesday

The Japan stock market had moved higher in five consecutive sessions, advancing more than 2,480 points or 6 percent along the way. The Nikkei 225 now sits just beneath the 42,720-point plateau and it has a positive lead again on Wednesday.
RTTNews | 57 minutes ago
KOSPI Poised To Halt Losing Streak

KOSPI Poised To Halt Losing Streak

The South Korea stock market has finished lower in three straight sessions, sinking more than 35 points or 1.2 percent along the way. The KOSPI now sits just beneath the 3,190-point plateau although it may stop the bleeding on Wednesday.
RTTNews | 1h 12min ago
Australia Wage Price Data Due On Wednesday

Australia Wage Price Data Due On Wednesday

Australia will on Wednesday release Q2 data for its wage price index, highlighting a modest day for Asia-Pacific economic activity. Wages are expected to rise 0.8 percent on quarter and 3.3 percent on year, easing from 0.9 percent on quarter and 34 percent on year in the three months prior.
RTTNews | 2h 12min ago
U.S. Small Business Confidence Improves In July - NFIB

U.S. Small Business Confidence Improves In July - NFIB

Small business optimism in the U.S. strengthened in July after eroding in the previous month as business expectations turned positive despite a rise in uncertainty, results of a monthly survey by the National Federation of Independent Businesses showed on Tuesday.
RTTNews | 4h 25min ago