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European Economics Preview: Spain Unemployment Data Due
(RTTNews) - Unemployment data from Spain and producer prices from the euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the National Institute of Statistics is scheduled to issue Romania's producer prices for August.
At 3.00 am ET, Spain unemployment data for September is due. The number of unemployed had increased by 40,428 in August.
At 4.30 am ET, Iceland's central bank announces its monetary policy decision.
At 5.00 am ET, Eurostat publishes euro area producer prices for August. Producer price inflation is seen at 43.1 percent versus 37.9 percent in July.
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FTSE 100 Advances Again
U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.
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Sensex, Nifty End Modestly Lower In Cautious Trade
Indian shares ended modestly lower on Friday but logged strong gains for the week, fueled by easing trade and geopolitical tensions.
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CAC 40 Advances On Easing Trade Tensions
French stocks are up in positive territory on Friday, extending gains from the previous session, amid easing fears of a trade war.
Following announcements of U.S.-UK pact, and U.S.-China deal, reports about a positive progress in the EU bloc's discussions with the U.S. for considerable tariff reductions have bolstered investor sentiment.
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DAX Up 0.8%, Looks Set To End Week On Strong Note
German stocks are up firmly in positive territory on Friday, amid easing trade tensions following the U.S.-China deal earlier in the week, and recent reports about a positive progress in the EU bloc's discussions with the U.S. for tariff reductions.
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Antipodean Currencies Recovers Amid U.S.-China Trade Deal Optimism
The Antipodean currencies such as the Australia and the New Zealand recovered from recent lows against their major currencies in the Asian session on Friday, amid improved global trade optimism.
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European Shares Edge Higher In Cautious Trade
European stocks traded higher on Friday as a slew of weak U.S. economic data suggested the Federal Reserve may have more leeway to cut interest rates later this year.
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Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets
The Japanese yen strengthened against other major currencies in the Asian session on Friday amid risk-off mood, as traders digested the latest settlements on the trade tariff front and remained caution as they awaited more clarity on the developments in trade negotiations with other trade partners.
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Asian Shares Mostly Lower As Investors Look For Clarity On Tariff Impact
Asian stocks ended mostly lower on Friday as Japanese GDP data disappointed and investors awaited clarity on how the global economy would be impacted by U.S. tariffs on its trading partners.
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