European Economic News Preview: Eurozone GDP Data Due

RTTNews | 837 일 전

(RTTNews) - Flash quarterly national accounts from the euro area and major European economies are due on Friday, headlining a busy day for the European economic news.

At 1.30 am ET, France's statistical office Insee is scheduled to issue flash GDP data for the first quarter. The economy is forecast to grow 0.2 percent sequentially after rising 0.1 percent in the fourth quarter.

At 2.00 am ET, Destatis is set to publish Germany's import prices for March. Economists expect import prices to fall 3.6 percent annually after rising 2.8 percent in February.

In the meantime, Sweden's retail sales and household lending data is due. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss retail sales for March.

At 2.45 am ET, flash consumer and producer price figures are due from France. Consumer price inflation is seen unchanged at 5.7 percent in April.

At 3.00 am ET, flash quarterly GDP and flash consumer prices are due from Spain. The economy is expected to expand 0.3 percent sequentially in the first quarter after rising 0.2 percent in the fourth quarter.

At 3.55 am ET, the Federal Labor Agency releases Germany's unemployment data. The jobless rate is seen unchanged at 5.6 percent in April.

At 4.00 am ET, Germany's flash GDP data is due. The largest euro area economy is forecast to expand 0.2 percent sequentially in the first quarter, in contrast to the 0.4 percent fall in the fourth quarter.

Also, flash GDP figures are due from Italy. The economy is forecast to grow 0.2 percent on quarter, reversing a 0.1 percent fall in the preceding period.

In the meantime, inflation figures from Poland and unemployment from Norway are due. At 5.00 am ET, Eurostat is set to issue euro area flash quarterly national accounts. Economists expect the currency bloc to grow 0.2 percent in the first quarter after staying flat in the prior period.

Half an hour later, Bank of Russia announces its monetary policy decision.

At 8.00 am ET, Destatis publishes Germany's flash consumer and harmonized consumer prices for April. Consumer price inflation is seen easing to 7.3 percent from 7.4 percent in March.

European Economic News Preview: UK Unemployment Data Due

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 publishes UK unemployment data. The jobless rate is forecast to remain unchanged at 4.7 percent in the second quarter. At 3.00 am ET, retail sales figures are due from Turkey.

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Sensex, Nifty Slightly Higher In Early Trade

Indian shares were slightly higher on Tuesday despite mixed cues from global markets.

RTTNews | 1 시간 8 분 전

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.

RTTNews | 1 시간 55 분 전

Asian Markets Trade Mostly Higher

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RTTNews | 2 시간 34 분 전

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.

RTTNews | 3 시간 5 분 전

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.

RTTNews | 4 시간 0 분 전

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 4 시간 8 분 전

Renewed Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 4 시간 23 분 전

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