European Economic News Preview: Germany Inflation, Unemployment Data Due

RTTNews | 575 dagar sedan
Stocktwits
European Economic News Preview: Germany Inflation, Unemployment Data Due

(RTTNews) - Flash inflation, unemployment and retail sales from Germany are due on Wednesday, headlining a busy day for the economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales and import price figures. Sales are forecast to grow 0.7 percent on month in December, in contrast to the 2.5 percent decrease in November. Economists expect import prices to drop 0.5 percent on month.

At 2.45 am ET, France's statistical office INSEE releases flash consumer and harmonized prices for January. Harmonized inflation is expected to ease to 3.3 percent from 4.1 percent in December.

At 3.00 am ET, retail sales data is due from Spain.

At 3.55 am ET, the Federal Labor Agency publishes Germany's unemployment data for January. The jobless rate is seen unchanged at 5.9 percent.

At 4.00 am ET, Italy's ISTAT is scheduled to issue unemployment figures for December. The jobless rate is forecast to edge up to 7.6 percent from 7.5 percent in November. At 8.00 am ET, flash consumer and harmonized consumer price data is due from Germany. The harmonized consumer price inflation is expected to ease to 3.2 percent in January from 3.8 percent in December.

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Taiwan Stock Market May Extend Winning Streak

Taiwan Stock Market May Extend Winning Streak

The Taiwan stock market has tracked higher in three straight sessions, gathering more than 750 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 24,520-point plateau and it may add to its winnings again on Thursday.
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Singapore Stock Market May Extend Wednesday's Gains

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Higher Open Called For Japan Stock Market

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KOSPI May Reclaim 3,200-Point Level

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Korea Interest Rate Decision Due On Thursday

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The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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European Stocks Close On Mixed Note

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