European Economics Preview: UK Inflation Data Due

RTTNews | 1138 days ago
European Economics Preview: UK Inflation Data Due

(RTTNews) - Consumer and producer price figures from the UK are due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for May. Consumer price inflation is forecast to rise to 9.1 percent in May from 9.0 percent in April. Factory gate inflation is seen at 14.7 percent versus 14.0 percent in April.

In the meantime, unemployment data from Sweden and consumer confidence from Denmark are due.

At 3.00 am ET, the Turkish Statistical Institute releases consumer confidence survey results.

At 4.00 am ET, retail sales data is due from Poland. Economists forecast retail sales to grow 23.3 percent annually in May after rising 33.4 percent in April.

Half an hour later, the Office for National Statistics is slated to issue UK house price data.

At 8.30 am ET, the Czech National Bank announces the monetary policy decision. The bank is expected to lift its key rate to 6.75 percent from 5.75 percent.

read more
Malaysia Shares May Hand Back Friday's Gains

Malaysia Shares May Hand Back Friday's Gains

The Malaysia stock market has moved higher in two of three 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 beneath the 1,535-point plateau although it may tick lower again on Monday.
RTTNews | 39 minutes ago
Japan Stock Market May Extend Friday's Losses

Japan Stock Market May Extend Friday's Losses

The Japan stock market headed south again on Friday, one day after ending the four-day losing streak in which it had given up almost 1,175 points or 2.8 percent. The Nikkei 225 now sits just shy of the 40,800-point plateau and it may open to the downside again on Monday.
RTTNews | 54 minutes ago
South Korea Shares May Extend Losing Streak

South Korea Shares May Extend Losing Streak

The South Korea stock market has moved lower in back-to-back sessions, tumbling more than 135 points or 3.9 percent along the way. The KOSPI now sits just shy of the 3,120-point plateau and it's likely to take further damage on Monday.
RTTNews | 1h 9min ago
Japan Monetary Base Data Due On Monday

Japan Monetary Base Data Due On Monday

Japan will on Monday release July figures for monetary base, highlighting a very light day for Asia-Pacific economic activity. In June, the base was down 3.3 percent on year.
RTTNews | 2h 9min ago