European Economic News Preview: UK GDP, Foreign Trade Data Due

RTTNews | 1 dia atrás
Stocktwits
European Economic News Preview: UK GDP, Foreign Trade Data Due

(RTTNews) - Monthly GDP, industrial production and foreign trade from the UK are due on Thursday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent on a monthly basis in April, reversing a 0.2 percent rise in March.

The UK visible trade deficit is seen widening to GBP 20.8 billion in April from GBP 19.87 billion in March.

In the meantime, industrial production data is due from Turkey.

At 4.00 am ET, Italy's statistical office ISTAT is scheduled to release quarterly unemployment data. The jobless rate is expected to fall slightly to 6.0 percent in the first quarter from 6.1 percent in the preceding period.

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European Economic News Preview: Eurozone Industrial Output, Trade Data Due

European Economic News Preview: Eurozone Industrial Output, Trade Data Due

Industrial production and foreign trade from the euro area and final inflation figures from Germany and France are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer and harmonized prices and wholesale prices for May. The flash estimate showed that consumer price inflation remained unchanged at 2.1 percent.
RTTNews | 24 minutos atrás
Australian Market Doubles Early Losses In Mid-market

Australian Market Doubles Early Losses In Mid-market

The Australian stock market is doubling its early loses in mid-market moves on Friday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,550 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.
RTTNews | 1h 57min atrás
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Friday, despite the broadly positive cues from Wall Street overnight, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. US officials confirmed that the U.S. had no involvement or role in the operation. Asian markets ended mixed on Thursday.
RTTNews | 2h 16min atrás
Thai Stock Market May Erase Thursday's Losses

Thai Stock Market May Erase Thursday's Losses

The Thai stock market on Thursday ended the two-day winning streak in which it had risen more than 6 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,130-point plateau and it's expected to open higher on Friday.
RTTNews | 3h 22min atrás
Indonesia Shares May Move Higher On Friday

Indonesia Shares May Move Higher On Friday

The Indonesia stock market has moved lower in back-to-back sessions, slipping more than 25 points or 0.4 percent in that span. The Jakarta Composite Index now rests just above the 7,200-point plateau although it may find support on Friday.
RTTNews | 3h 52min atrás
Japanese Market Sharply Lower

Japanese Market Sharply Lower

Extending the losses in the previous session, the Japanese market is sharply lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 37,600 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 3h 54min atrás
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