European Economic News Preview: Eurozone Retail Sales Data Due

RTTNews | 610 days ago
Stocktwits
European Economic News Preview: Eurozone Retail Sales Data Due

(RTTNews) - Retail sales from the euro area and final inflation from Germany are due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's final inflation data for October. The flash estimate showed that consumer price inflation eased to 3.8 percent from 4.5 percent in September. The statistical office is expected to confirm the preliminary estimate.

At 2.30 am ET, the Hungarian Central Statistical Office is set to publish foreign trade and retail sales figures. The surplus is forecast to rise to EUR 702 million in September from EUR 665 million in August.

At 2.45 am ET, foreign trade and current account figures are due from France. The trade deficit is seen at EUR 8.1 billion compared to EUR 8.2 billion shortfall in August.

At 4.00 am ET, Italy's ISTAT releases retail sales for September. Sales had declined 0.4 percent on month in August. At 5.00 am ET, Eurostat is slated to issue euro area retail sales for September. Economists expect sales to fall 0.2 percent on month, slower than the 1.2 percent decrease in August.

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European Shares Set To Open Higher Despite Rising Trade Tensions

European Shares Set To Open Higher Despite Rising Trade Tensions

European stocks may open mostly higher on Thursday despite U.S. President Donald Trump escalating his tariff campaign, sending letters to six additional countries—Algeria, Iraq, Libya, Brunei, Moldova, and the Philippines—with fresh import duties ranging from 20-30 percent.
RTTNews | 1h 4min ago
European Economic News Preview: Germany Final Inflation Data Due

European Economic News Preview: Germany Final Inflation Data Due

Final inflation from Germany and industrial output from Italy are the top economic news due on Thursday. At 2.00 am ET, Destatis is scheduled to release Germany's final inflation data for June. Flash inflation showed that consumer price inflation eased to 2.0 percent from 2.1 percent in May.
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Indian shares were subdued on Thursday as U.S. President Donald Trump escalated his tariff campaign, sending letters targeting six additional countries—Algeria, Iraq, Libya, Brunei, Moldova, and the Philippines—with fresh import duties ranging from 20-30 percent.
RTTNews | 2h 16min ago
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

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RTTNews | 3h 14min ago
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Sensex, Nifty Set For Muted Open

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RTTNews | 4h 5min ago
Indonesia Stock Market May Extend Winning Streak

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RTTNews | 5h 5min ago
Japanese Market Notably Lower

Japanese Market Notably Lower

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RTTNews | 5h 13min ago
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