European Economic News Preview: BoE Likely To Cut Rates

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(RTTNews) - The Bank of England is widely expected to cut its interest rates for the fifth time in a year to support the economy even as inflation continued to stay stubbornly above the target.

Markets anticipate a quarter-point cut, bringing the bank rate to 4.00 percent, which will be the lowest since early 2023.

The bank has shifted its focus on supporting the economy as it faces challenges from the labor market, geopolitical tensions and tariff uncertainty. The BoE is set to announce its decision at 7.00 AM ET. The bank will also publish its quarterly monetary policy report along with the policy statement.

Other major economic reports due for the day are industrial production from Germany and house prices from the UK.

At 2.00 am ET, Destatis publishes Germany's industrial production and foreign trade figures. Industrial output is forecast to fall 0.4 percent month-on-month in June, in contrast to the 1.2 percent rise in May. Economists expect exports to grow 0.5 percent and imports to rise 1.0 percent in June.

In the meantime, UK Halifax house price data is due. Economists expect house prices to grow 0.1 percent on a monthly basis in July after remaining flat in June.

At 2.45 am ET, France foreign trade and current account figures are due. The trade deficit is forecast to narrow to EUR 7.5 billion in June from EUR 7.8 billion in May. At 3.00 am ET, unemployment data is due from Switzerland. The jobless rate is seen rising to 2.9 percent in July from 2.7 percent in June.

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.

RTTNews | 28 minuter sedan

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.

RTTNews | 1h 22minuter sedan

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1h 30minuter sedan

Renewed Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1h 45minuter sedan

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday after opening in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks and a mixed performance in mining and technology stocks.

RTTNews | 1h 52minuter sedan

China Stock Market May Hand Back Monday's Gains

The China stock market bounced higher again on Monday, one session after halting the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 3,650-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 2h 0minuter sedan

Taiwan Shares May Run Out Of Steam On Tuesday

The Taiwan stock market has moved higher in three straight sessions, rallying more than 685 points or 2.9 percent along the way. The Taiwan Stock Exchange now sits just above the 24,135-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 2h 30minuter sedan

Singapore Q2 GDP Climbs 4.4% On Year

Singapore's gross domestic product expanded 4.4 percent on year in the second quarter of 2025, the Ministry of Trade and Industry said on Tuesday - beating forecasts for 4.3 percent, which would have been unchanged.

RTTNews | 2h 38minuter sedan

EURUSD	1.16206	GBPUSD	1.34357	AUDUSD	0.65224
USDJPY	148.31	USDCAD	1.37738	USDCHF	0.81101