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European Economic News Preview: German Inflation, Unemployment Data Due

RTTNews | 4 dias atrás

European Economic News Preview: German Inflation, Unemployment Data Due

(RTTNews) - Flash inflation and unemployment from Germany are due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis releases Germany's ILO unemployment data and import price figures. Import prices are forecast to fall 1.6 percent on a yearly basis in June, following a 1.1 percent drop in May.

At 2.45 am ET, France's statistical office INSEE publishes flash inflation data for July. Consumer price inflation is seen unchanged at 1.0 percent in July.

At 3.55 am ET, the Federal Labor Agency is set to issue Germany's unemployment data for July. Economists forecast the jobless rate to rise slightly to 6.4 percent from 6.3 percent in June.

At 4.00 am ET, Italy's ISTAT releases unemployment data for June. The unemployment rate is expected to fall to 6.4 percent from 6.5 percent in May.

At 5.00 am ET, Eurostat is scheduled to issue Eurozone jobless rate. The jobless rate is seen unchanged at 6.3 percent in June.

Also, flash inflation figures are due from Italy. Economists forecast CPI inflation to fall to 1.5 percent in July from 1.7 percent in June.

At 8.00 am ET, Germany's Destatis releases flash inflation data for July. Consumer price inflation is forecast to ease slightly to 1.9 percent from 2.0 percent in June.

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BoJ Minutes: Japan Economy Continues To Recover

BoJ Minutes: Japan Economy Continues To Recover

Members of the Bank of Japan's Monetary Policy Board felt that the country's economic recovery is continuing at an acceptable pace, minutes from the central bank's June 16-17 monetary policy meeting revealed on Tuesday - although it is starting to show signs of slowing.

RTTNews | 36 minutos atrás

Singapore Shares Poised To Open To The Upside On Tuesday

Singapore Shares Poised To Open To The Upside On Tuesday

The Singapore stock market on Monday halted the six-day losing streak in which it had stumbled almost 120 points or 2.9 percent. The Straits Times Index now sits just beneath the 4,200-point plateau and it may extend its gains on Tuesday.

RTTNews | 37 minutos atrás

Renewed Support Likely For Malaysia Stock Market

Renewed Support Likely For Malaysia Stock Market

The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau although it's likely to bounce higher again on Tuesday.

RTTNews | 1 h 7 min atrás

Japan Stock Market May Stop The Bleeding On Tuesday

Japan Stock Market May Stop The Bleeding On Tuesday

The Japan stock market has moved lower in two straight sessions, tumbling almost 780 points or 1.8 percent along the way. The Nikkei 225 now sits just shy of the 40,300-point plateau although it's due for support on Tuesday.

RTTNews | 1 h 22 min atrás

South Korea Inflation Rises 0.2% In July

South Korea Inflation Rises 0.2% In July

Overall consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday.

RTTNews | 1 h 28 min atrás

Australia Services Sector Accelerates In July

Australia Services Sector Accelerates In July

The services sector in Australia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 54.1.

RTTNews | 1 h 33 min atrás

KOSPI May Add To Monday's Gains

KOSPI May Add To Monday's Gains

The South Korea stock market on Monday snapped the two-day slide in which it had stumbled more than 135 points or 3.9 percent. The KOSPI now sits just shy of the 3,150-point plateau and it may add to its winnings on Tuesday.

RTTNews | 1 h 37 min atrás

BoJ Minutes On Tap For Tuesday

BoJ Minutes On Tap For Tuesday

The Bank of Japan will on Tuesday release the minutes from its June 16-17 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

RTTNews | 2 h 37 min atrás

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