European Economic News Preview: UK Retail Sales Data Due

RTTNews | 576 days ago
Stocktwits
European Economic News Preview: UK Retail Sales Data Due

(RTTNews) - Retail sales from the UK and producer prices from Germany are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK retail sales for December. Retail sales are forecast to fall 0.5 percent on month, in contrast to the 1.3 percent increase in November.

In the meantime, Destatis publishes Germany's producer prices data. Economists forecast producer prices to fall 8.0 percent on year in December after easing 7.9 percent in November. At 2.30 am ET, producer prices data is due from Switzerland. Producer prices are expected to drop 0.6 percent on month, following a 0.9 percent decrease in November.

At 5.00 am ET, European Central Bank President Christine Lagarde participates in stakeholder dialogue "the Global Economic Outlook" during World Economic Forum in Davos.

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Little Movement Expected For Singapore Stock Market

Little Movement Expected For Singapore Stock Market

The Singapore stock market has moved lower in two straight sessions, falling more than 40 points or 0.9 percent along the way. The Straits Times Index now sits just above the 4,230-point plateau and it's likely to remain in that neighborhood again on Monday.
RTTNews | 17 minutes ago
Malaysia Bourse Likely To Remain Rangebound On Monday

Malaysia Bourse Likely To Remain Rangebound On Monday

The Malaysia stock market has moved lower in back-to-back sessions, slipping more than 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau and it may tick lower again on Monday.
RTTNews | 47 minutes ago
Japan Shares Due For Profit Taking On Monday

Japan Shares Due For Profit Taking On Monday

The Japan stock market bounced higher again on Friday, one day after snapping the six-day winning streak in which it had surged more than 3,000 points or 7.3 percent. The Nikkei 225 now sits just beneath the 43,380-point plateau although investors are likely to lock in gains on Monday.
RTTNews | 1h 2min ago
South Korea Shares May Be Stuck In Neutral On Monday

South Korea Shares May Be Stuck In Neutral On Monday

Ahead of Friday's holiday for Liberation Day, the South Korea stock market had moved higher in back-to-back sessions, gathering more than 35 points or 1.1 percent along the way. The KOSPI now sits just above the 3,225-point plateau although it m ay spin its wheels on Monday.
RTTNews | 1h 17min ago
Singapore Export Data On Tap For Monday

Singapore Export Data On Tap For Monday

Singapore will on Monday release July figures for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In June, NODX was up 14.3 percent on month and 13.0 percent on year.
RTTNews | 2h 17min ago
Euro Higher Against Majors

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews | 2 days ago
TSX Down Marginally In Lackluster Trade

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
RTTNews | 2 days ago
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