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European Economic News Preview: UK Unemployment Data Due
(RTTNews) - Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday.
At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is forecast to rise to 4.5 percent in three months to December from 4.4 percent in the preceding period.
In the meantime, final inflation data is due from Sweden.
At 2.45 am ET, France's statistical office INSEE publishes final inflation figures for January. The flash estimate showed that inflation rose slightly to 1.4 percent from 1.3 percent in December.
At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic sentiment index is expected to rise notably to 19.9 in February from 10.3 in January.
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European Shares Seen Opening On Cautious Note Before US Jobs Data
European stocks may drift lower at open on Friday as investors await the U.S. Labour Department's closely watched monthly jobs report later in the day for more insight into the labor market and the outlook for monetary policy.
RTTNews
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1h 59min ago
European Economic News Preview: Germany Industrial Output, Foreign Trade Data Due
Industrial production and foreign trade from Germany and house prices from the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production and foreign trade data. Economists forecast industrial output to fall 0.9 percent on a monthly basis in April, in contrast to the 3.0 percent rise in March.
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2h 14min ago
Sensex, Nifty Open Lower Ahead Of RBI Rate Decision
Indian shares opened lower on Friday ahead of the Reserve Bank of India's monetary policy announcement later in the day, with markets expecting a third consecutive cut.
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3h 6min ago
Sensex, Nifty Seen Little Changed Before RBI's Rate Decision
Indian shares look set to open on a flat note Friday as investors await the Reserve Bank of India's (RBI) monetary policy decision later in the day, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.
RTTNews
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4h 58min ago
Asian Shares Muted In Lackluster Trade
Asian stocks were mixed in lackluster trade on Friday despite U.S. President Donald Trump describing a phone call with his Chinese counterpart as "very good" and saying it "resulted in a very positive conclusion for both countries."
RTTNews
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5h 5min ago
Thai Stock Market May Head South Again On Friday
The Thai stock market on Thursday ended the two-day slide in which it had slumped more than 30 points or 2.4 percent. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may tick lower again on Friday.
RTTNews
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6h 3min ago
China Shares Due For Consolidation On Friday
The China stock market has finished higher in three straight sessions, advancing more than 35 points or 1.1 percent along the way. The Shanghai Composite Index now sits just above the 3,375-point plateau although it's looking at a soft start on Friday.
RTTNews
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7h 3min ago
Hong Kong Bourse May Spin Its Wheels On Friday
The Hong Kong stock market has moved higher in three consecutive sessions, accelerating almost 750 points or 3.5 percent along the way. The Hang Seng Index now sits just above the 23,900-point plateau although it's likely to be stuck in neutral on Friday.
RTTNews
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7h 33min ago
