European Economic News Preview: France Consumer Sentiment Data Due

RTTNews | 217 dias atrás
European Economic News Preview: France Consumer Sentiment Data Due

(RTTNews) - Consumer sentiment from France and unemployment from Spain are the top economic news due on Tuesday.

At 2.45 am ET, France's statistical office INSEE publishes consumer sentiment survey results. The index is forecast to rise to 90 in January from 89 in December.

At 3.00 am ET, Spain's INE is scheduled to issue unemployment data for the fourth quarter. The jobless rate is forecast to fall slightly to 11.1 percent from 11.2 percent in the third quarter.

At 4.00 am ET, the European Central Bank releases bank lending survey results.

At 6.00 am ET, GDP and retail sales from Ireland and retail sales from Portugal are due.

At 8.00 am ET, Hungary's central bank is set to announce its interest rate decision. The bank is expected to hold its key rate at 6.5 percent.

read more
Japan Stock Market May Hand Back Tuesday's Gains

Japan Stock Market May Hand Back Tuesday's Gains

The Japanese stock market on Tuesday ended the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,310-point plateau although it may see renewed consolidation on Wednesday.
RTTNews | 19 minutos atrás
South Korea Shares May Head South Again On Wednesday

South Korea Shares May Head South Again On Wednesday

The South Korea stock market on Tuesday ended the two-day slide in which it had given up mor than 50 points or 1.6 percent. The KOSPI now rests just above the 3,170-point plateau although it's expected to turn lower again on Wednesday.
RTTNews | 36 minutos atrás
Australia GDP Data Due On Wednesday

Australia GDP Data Due On Wednesday

Australia will on Wednesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GP is expected to rise 0.5 percent on quarter and 1.6 percent on year, up from 0.2 percent on quarter and 1.3 percent on year in the three months prior.
RTTNews | 1 h 36 min atrás
Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.
RTTNews | 6 h 47 min atrás
Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.
RTTNews | 6 h 53 min atrás
European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
RTTNews | 7 h 0 min atrás
U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.
RTTNews | 9 h 1 min atrás