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European Economic News Preview: ECB Bulletin Due
(RTTNews) - The economic bulletin from the European Central Bank is the only major data due on Thursday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Norway releases GDP data for November. The Mainland-Norway is forecast to grow 0.2 percent on month, after staying flat in October.
In the meantime, retail sales data for November is due from Turkey.
At 3.00 am ET, the Czech Statistical Office is slated to issue retail sales for November. Sales had decreased 1.8 percent on month in October.
At 4.00 am ET, the European Central Bank publishes economic bulletin.
At 5.00 am ET, Greece consumer price inflation data is due.
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China Exports Growth Accelerates; Imports Rise Unexpectedly
China's exports logged a robust growth in July as the sharp decline in shipments to the US was offset by the rise in exports to the EU and other markets, official data revealed Thursday. Exports surged 7.2 percent on a yearly basis, following June's 5.8 percent increase, the customs office reported. Exports were forecast to climb 5.4 percent.
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28 minutes ago
UK House Prices Rise At Fastest Pace In 6 Months
UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax showed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a steady pace of 0.1 percent in July. Moreover, this was the fastest growth sinc
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1h 8min ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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1h 27min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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1h 37min ago
German Exports Recover In June
Germany's exports grew for the first time in three months in June despite falling shipments to the US, data from Destatis revealed Thursday. Exports advanced 0.8 percent on a monthly basis in June, reversing a fall of 1.4 percent in May. Shipments were expected to rise 0.5 percent. Reflecting the impact of higher tariff, exports to the United States dropped 2.1 percent on a monthly basis.
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1h 39min ago
European Economic News Preview: BoE Likely To Cut Rates
The Bank of England is widely expected to cut its interest rates for the fifth time in a year to support the economy even as inflation continued to stay stubbornly above the target. Markets anticipate a quarter-point cut, bringing the bank rate to 4.00 percent, which will be the lowest since early 2023.
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2h 44min ago
European Shares Poised For Mixed Open
European stocks are seen opening on a mixed note Thursday after U.S. President Donald Trump announced he will impose a 100 percent tariff on imports of semiconductors and chips, with exemptions for companies relocating production to the U.S.
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3h 9min ago
Sensex, Nifty Open Lower On Tariff Concerns
Indian shares opened a tad lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
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4h 16min ago
