European Economic News Preview: German Flash Inflation Data Due

RTTNews | Pred 294 dňami
European Economic News Preview: German Flash Inflation Data Due

(RTTNews) - Flash consumer prices from Germany and Spain and monetary aggregates from the euro area are due on Thursday.

At 3.00 am ET, Spain's INE releases flash consumer prices data for November. Inflation is expected to rise to 2.3 percent from 1.8 percent in October. At 4.00 am ET, monetary aggregates data from the euro area is due. M3 is forecast to grow 3.4 percent on year in October after rising 3.2 percent in September.

In the meantime, Italy's statistical office ISTAT is scheduled to issue business and consumer sentiment data.

At 5.00 am ET, the European Commission publishes euro area economic sentiment survey data.

At 8.00 am ET, Destatis is slated to issue Germany's preliminary consumer and harmonized prices for November. Inflation is forecast to rise to 2.3 percent from 2.0 percent in October.

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European Economic News Preview: Bank Of England To Hold Rate

European Economic News Preview: Bank Of England To Hold Rate

The monetary policy announcement from the Bank of England is the top economic event due on Thursday. The BoE is widely expected to hold its benchmark bank rate at 4.00 percent after a quarter-point reduction in August. The bank had lowered the rate five times since August 2024 and took it to the lowest since early 2023.
RTTNews | Pred 1 h 6 min
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending its early losses in mid-market moves on Thursday, adding to the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,800 level, as markets digested a softer-than-expected domestic jobs report, with weakness across most sectors led by mining and energy stocks.
RTTNews | Pred 2 h 53 min
Asian Markets Trade Mostly Higher

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Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, after the US Fed delivered a widely expected quarter point interest rates cut to 4.0 percent, citing a shift in the balance of risks. The latest projections from Fed officials also suggest they expect the central bank to lower rates two more times this year.
RTTNews | Pred 3 h 6 min
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares look set to open on a positive note on Thursday, tracking mixed cues from global markets.
RTTNews | Pred 3 h 44 min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 45,000 mark, with gains across most sectors led by exporters and technology stocks.
RTTNews | Pred 4 h 36 min
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness across most sectors led by mining and energy stocks.
RTTNews | Pred 5 h 16 min