European Economics Preview: Germany Ifo Business Confidence Due

RTTNews | 1060 days ago
Stocktwits
European Economics Preview: Germany Ifo Business Confidence Due

(RTTNews) - Business confidence survey data from Germany is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Sweden publishes producer prices for September. Prices had advanced 22.0 percent in August.

At 3.00 am ET, producer price data is due from Spain.

At 4.00 am ET, the ifo Institute is scheduled to issue Germany's business confidence survey results. Economists expect the business sentiment index to fall to 83.3 in October from 84.3 in the previous month.

In the meantime, the European Central Bank releases bank lending survey data.

Also, Poland unemployment data is due. The jobless rate is forecast to remain unchanged at 4.8 percent in September.

At 6.00 am ET, the Confederation of British Industry publishes Industrial Trends survey results. The order book balance is expected to fall to -12 percent in October from -2 percent in September. At 8.00 am ET, Hungary's central bank announces its monetary policy decision. The bank is set to hold its benchmark rate at 13.00 percent.

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European Economic News Preview: UK Retail Sales & PSNB Data Due

European Economic News Preview: UK Retail Sales & PSNB Data Due

Retail sales and public sector finance from the UK and business confidence from France are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics publishes UK retail sales and public sector finance figures. Retail sales are forecast to grow 0.4 percent on a monthly basis in August, slower than the 0.6 percent rise in July.
RTTNews | 45 minutes ago
European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks are seen opening flat to slightly lower on Friday as a busy week for central bank meetings and key economic releases draws to an end.
RTTNews | 58 minutes ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up near the 8,800 level, with gains in financial, energy and technology stocks partially offset by a mixed performance in mining stocks.
RTTNews | 3h 12min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, as traders continued to digest the US Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
RTTNews | 3h 31min ago
Thai Shares May Halt Slide On Friday

Thai Shares May Halt Slide On Friday

The Thai stock market has moved lower in consecutive trading days, shedding more than 10 points of 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau, although it may find support on Friday.
RTTNews | 4h 33min ago
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