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European Economic News Preview: Germany Final Inflation Data Due

RTTNews | 661 days ago

European Economic News Preview: Germany Final Inflation Data Due

(RTTNews) - Final consumer prices data from Germany is the only major economic report due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is set to issue Germany's final consumer and harmonized prices for July. Consumer price inflation is forecast to ease to 6.2 percent, as initially estimated, from 6.4 percent in June.

At 2.30 am ET, consumer prices and foreign trade figures are due from Hungary. Inflation is seen at 17.6 percent in July, down from 20.1 percent in June.

At 2.45 am ET, foreign trade and current account reports are due from France. The trade deficit is expected to narrow to EUR 8 billion in June from EUR 8.41 billion in May. At 5.00 am ET, the Hellenic Statistical Authority releases Greece inflation data for July.

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Higher Open Tipped For Thai Stock Market

Higher Open Tipped For Thai Stock Market

The Thai stock market on Thursday ended the two-day slide in which it had dropped almost 20 points or 1.5 percent. The Stock Exchange of Thailand now rests just beneath the 1,165-point plateau and it's expected to open to the upside again on Friday.

RTTNews | 30 minutes ago

Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Friday, snapping a five-session winning streak, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 37,900 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.

RTTNews | 36 minutes ago

Additional Support Expected For Hong Kong Stock Market

Additional Support Expected For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,575-point plateau and it's tipped to open higher again on Friday.

RTTNews | 1h 0min ago

Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly loser on Friday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,400 level, with weakness in iron ore miners and technology stocks partially offset by a mixed performance in energy and financial stocks.

RTTNews | 1h 1min ago

China Bourse May Extend Thursday's Gains

China Bourse May Extend Thursday's Gains

The China stock market on Thursday snapped the five-day losing streak in which it had surrendered almost 50 points or 1.5 percent. The Shanghai Composite Index now sits just beneath the 3,365-point plateau and it may see additional support on Friday.

RTTNews | 1h 30min ago

Japan Retail Sales Climb 3.3% On Year In April

Japan Retail Sales Climb 3.3% On Year In April

The value of retail sales in Japan was up 3.3 percent on year in April, the Ministry of Economy, Trade and Industry said on Friday - coming in at 12.925 trillion yen.

RTTNews | 1h 46min ago

Japan Industrial Output Slips 0.9% In April

Japan Industrial Output Slips 0.9% In April

Industrial production in Japan was down 0.9 percent on month in April, the Ministry of Economy, Trade and Industry said on Friday.

RTTNews | 1h 51min ago

Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, advancing more than 40 points or 1 percent along the way. The Straits Times Index now sits just above the 3,915-point plateau and it may add to its winnings again on Friday.

RTTNews | 2h 0min ago

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