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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.
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French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
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21 minutes ago
Sensex, Nifty Extend Losses On Trade Worries
Indian shares ended lower on Friday to extend recent declines due to concerns over steep U.S. tariffs imposed on Indian goods.
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22 minutes ago
DAX Down Nearly 0.5% As Investors Focus On Economic Data
German stocks are down in negative territory in cautious trade on Friday as investors digest the nation's import prices and retail sales data and await U.S. inflation data due later in the day,
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30 minutes ago
European Shares Drift Lower Ahead Of US Inflation Reading
European stocks traded lower on Friday as investors waited for key U.S. inflation data due later in the day that could provide additional clues on a potential Federal Reserve rate cut in September.
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1h 51min ago
Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
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1h 52min ago
Asian Shares Mixed Ahead Of US PCE Inflation Data
Asian stocks ended mixed on Friday as caution prevailed ahead of a key U.S. inflation report due later in the day that might show core personal consumption expenditures prices rose 2.9 percent in July, the fastest pace in five months.
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2h 7min ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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3h 18min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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3h 24min ago
