European Economic News Preview: UK Retail Sales Data Due

RTTNews | 698 days ago
Stocktwits
European Economic News Preview: UK Retail Sales Data Due

(RTTNews) - Retail sales from the UK and final inflation from the euro area are the top economic news due on Friday.

At 2.00 am ET, the Office for National Statistics is set to issue UK retail sales for July. Sales are forecast to fall 0.5 percent on month, in contrast to the 0.7 percent rise in June.

In the meantime, Statistics Norway publishes GDP data for the second quarter. The Mainland Norway had grown 0.2 percent in the first quarter.

Half an hour later, Swiss industrial production figures are due.

At 3.00 am ET, final inflation data is due from Austria.

At 5.00 am ET, Eurostat is scheduled to release euro area final inflation figures for July. Inflation is forecast to slow to 5.3 percent, as initially estimated, from 5.5 percent in June.

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Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, amid concerns about President Donald Trump's trade wars still hanging over the markets, though a deadline in fixed for August 1 to reach deals with partner trading countries. Most currencies in the region also weakened against the strong US dollar on rising US bond yields.
RTTNews | 21 minutes ago
Thai Shares Due To Open In The Red On Wednesday

Thai Shares Due To Open In The Red On Wednesday

The Thai stock market has moved higher in three straight sessions, accelerating more than 50 points or 4.5 percent in that span. The Stock Exchange of Thailand now sits just above the 1,160-point plateau although it may open under water on Wednesday.
RTTNews | 1h 21min ago
Lower Open Anticipated For Indonesia Stock Market

Lower Open Anticipated For Indonesia Stock Market

The Indonesia stock market has moved higher in seven straight sessions, gathering more than 270 points or 3.9 percent along the way. The Jakarta Composite Index now sits just above the 7,140-point plateau although it's overdue for consolidation on Wednesday.
RTTNews | 1h 51min ago
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher on Wednesday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 39,750 level, with strong gains in technology stocks partially offset by weakness in index heavyweights, exporters and financial stocks.
RTTNews | 1h 52min ago
Hong Kong Shares Tipped To Open To The Downside On Wednesday

Hong Kong Shares Tipped To Open To The Downside On Wednesday

The Hong Kong stock market has moved higher in four straight trading days, collecting almost 700 points or 3 percent along the way. The Hang Seng Index now sits just above the 24,590-point plateau although it's likely to see some profit taking on Wednesday.
RTTNews | 2h 6min ago
Australian Market Significantly Lower

Australian Market Significantly Lower

Australian shares are trading significantly lower on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 8,550 level, following the mixed cues from Wall Street overnight, with weakness across all sectors led by in mining and technology stocks.
RTTNews | 2h 17min ago
China Shares Tipped To Open In The Red On Wednesday

China Shares Tipped To Open In The Red On Wednesday

The China stock market on Tuesday halted the three-day winning streak in which it had picked up more than 25 points or 0.8 percent. The Shanghai Composite Index now sits just above the 3,500-point plateau and it may see additional selling pressure on Wednesday.
RTTNews | 2h 21min ago
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