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European Economics Preview: Eurozone Money Supply Data Due
(RTTNews) - Money supply data from the euro area is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Sweden publishes foreign trade, producer prices and household lending data.
At 4.00 am ET, the European Central Bank is set to publish private sector credit data for August. M3 money supply is expected to grow 5.4 percent annually after rising 5.5 percent in July.
At 7.30 am ET, ECB Chief Christine Lagarde is set to speak at an online conference organized by the Banque de France in Paris.
At 8.00 am ET, Hungary's central bank announces its monetary policy decision. The bank is forecast to lift the key interest rate by 100 basis points to 12.75 percent.
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Japan Exports Growth Softens On Higher Trade Tariffs
Japan's exports grew at a slower pace in April largely due to the higher tariffs imposed by the US administration, official data revealed Wednesday. Exports climbed 2.0 percent on a yearly basis in April, slower than the 4.0 percent increase in March, the Ministry of Finance reported. Exports have been rising since last September and the latest growth matched economists' expectations.
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27 minutes ago
European Shares May Struggle At Open
European stocks are seen opening little changed on Wednesday, with U.S. fiscal concerns, geopolitical tensions and the Fed outlook likely to be in focus.
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1h 22min ago
European Economic News Preview: UK Inflation Data Due
Consumer price data from the UK is the only major report due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK consumer prices for April. Consumer price inflation is forecast to rise to 3.3 percent from 2.6 percent in March.
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1h 36min ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the Asian session on Wednesday.
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1h 47min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
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2h 12min ago
Sensex, Nifty Marginally Higher In Lackluster Trade
Indian shares were modestly higher in early trade on Wednesday, after having suffered heavy losses in the previous session amid rising geopolitical tensions, growing concerns over U.S. debt and a spike in Covid-19 cases in Southeast Asia.
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2h 50min ago
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Wednesday, adding the gains in the previous session, with the benchmark S&P/ASX 200 staying just below the 8,400 level, despite the broadly negative cues from Wall Street overnight, with gains in mining, financial and energy stocks partially offset by weakness in technology stocks.
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3h 29min ago
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Major currencies in the region have also strengthened against the US dollar. Asian markets closed mostly higher on Tuesday.
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3h 46min ago
