European Economic News Preview: UK GDP, Foreign Trade Data Due

RTTNews | 252日前
European Economic News Preview: UK GDP, Foreign Trade Data Due

(RTTNews) - Monthly GDP and foreign trade from the UK and final inflation from France and Spain are due on Friday, headlining a busy day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. GDP is forecast to grow 0.1 percent on month in October, offsetting the 0.1 percent fall in September. The visible trade deficit is seen at GBP 16.1 billion compared to a shortfall of GBP 16.3 billion in the previous month.

In the meantime, Destatis is scheduled to issue Germany's external trade and wholesale prices for November. Economists forecast the trade surplus to fall to EUR 15.7 billion in October from EUR 17.0 billion in September.

At 2.45 am ET, France's statistical office INSEE publishes final consumer and harmonized prices for November. Inflation was initially estimated at 1.3 percent compared to 1.2 percent in October.

At 3.00 am ET, Spain's INE is slated to issue consumer and harmonized prices for November. Consumer price inflation is seen at 2.4 percent, in line with flash estimate, and up from 1.8 percent in October.

At 5.00 am ET, Eurostat publishes euro area industrial production for October. Economists forecast industrial output to remain flat after falling 2.0 percent in September.

read more
Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries

Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries

Indian shares opened on a weak note on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews | 30分前
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | 39分前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Friday, giving up some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
RTTNews | 1時39分前
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remain cautious amid lingering uncertainty about the outlook for interest rates ahead of US Fed Chair Jerome Powell's highly anticipated speech at the Jackson Hole Economic Symposium later in the day. Asian markets ended mixed on Thursday.
RTTNews | 2時4分前
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares may open on a sluggish note on Friday following six consecutive sessions of gains on optimism about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews | 2時29分前
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese market is slightly higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 42,650 level, with gains across all sectors led by automakers and financial stocks as domestic inflation data beat expectations.
RTTNews | 2時58分前
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, recouping some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
RTTNews | 3時20分前