European Economics Preview: Germany Flash Inflation Data Due

RTTNews | 1051 days ago
European Economics Preview: Germany Flash Inflation Data Due

(RTTNews) - Flash consumer prices from Germany and economic confidence from euro area are due on Thursday, headlining a light day for the European economic news.

At 3.00 am ET, Spain's statistical office INE releases flash consumer price data for September. Consumer price inflation is forecast to ease to 10.1 percent from 10.5 percent in August.

At 4.00 am ET, Italy's Istat is scheduled to issue producer prices for August. Prices had increased 36.9 percent on a yearly basis in July.

At 5.00 am ET, European Commission publishes euro area economic confidence survey data. Economists expect the economic sentiment index to fall to 95.0 in September from 97.6 in the previous month.

At 8.00 am ET, Destatis is slated to issue Germany's flash consumer and harmonized prices data for September. Consumer price inflation is seen at 9.4 percent versus 7.9 percent in August.

read more
NZ Dollar Falls On Soft China Data

NZ Dollar Falls On Soft China Data

The New Zealand dollar weakened against other major currencies in the Asian session on Friday, after China's industrial production and retail sales logged slower growth in July.
RTTNews | 12 minutes ago
NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
RTTNews | 59 minutes ago
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, adding the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains across most sectors led by energy and technology stocks.
RTTNews | 4h 21min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as hotter-than expected US producer price inflation data and a resilient US labor market softened expectations of a higher interest rate cut by the US Fed in September. Traders also remain cautious ahead of the crucial U.S.-Russia talks to end the ongoing three-plus-year Russia-Ukraine war.
RTTNews | 4h 57min ago
Lower Open Predicted For Thai Stock Market

Lower Open Predicted For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,265-point plateau and it figures to remain rangebound again on Friday.
RTTNews | 5h 44min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

Reversing the losses in the previous session, the Japanese market is notably higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,800 level, with gains in index heavyweights and financial stocks as well as a mixed performance in all other sectors.
RTTNews | 6h 0min ago