European Economic News Preview: UK GDP Data Due

RTTNews | 609 dagar sedan
Stocktwits
European Economic News Preview: UK GDP Data Due

(RTTNews) - Quarterly national accounts, industrial production and foreign trade figures from the UK are due on Friday.

At 2.00 am ET, the Office for National Statistics releases UK GDP for the third quarter, industrial output and external trade data. The economy is forecast to shrink 0.1 percent sequentially after expanding 0.2 percent in the preceding period. Economists forecast UK industrial production to climb 0.1 percent on month, in contrast to the 0.7 percent fall in August. The visible trade deficit is seen at GBP 15.3 billion in September compared to a GBP 15.95 billion shortfall in August.

In the meantime, consumer prices from Norway and household consumption and industrial output from Sweden are due.

At 2.30 am ET, the Hungarian Central Statistical Office is set to issue consumer prices for October. Economists forecast inflation to slow to 10.4 percent from 12.2 percent in September.

At 3.00 am ET, consumer prices from the Czech Republic and industrial production from Austria are due.

At 4.00 am ET, Italy's ISTAT publishes industrial production for September. Economists expect industrial output to drop 0.2 percent on month, offsetting the 0.2 percent rise in August.

At 7.30 am ET, European Central Bank President Christine Lagarde is set to speak at the Financial Times' Global Boardroom 2023 in London, UK.

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European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

Monthly GDP and foreign trade from the UK and final inflation from France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade data. Economists forecast the economy to grow 0.1 percent on a monthly basis in May, in contrast to the 0.3 percent fall in April.
RTTNews | 39 minuter sedan
Australian Market Slips To Modest Losses In Mid-market

Australian Market Slips To Modest Losses In Mid-market

The Australian stock market is slipping to modest losses in mid-market moves on Friday after opening in the green, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness in gold miner and energy stocks partially offset by gains in iron ore miner stocks.
RTTNews | 2h 15minuter sedan
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after US President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews | 2h 21minuter sedan
Thai Stock Market Tipped To End Losing Streak

Thai Stock Market Tipped To End Losing Streak

Ahead of Thursday's holiday for Asarnha Bucha Day, the Thai stock market had moved lower in consecutive trading days, sinking more than a dozen points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,110-point plateau although it may stop the bleeding on Friday.
RTTNews | 3h 14minuter sedan
Higher Open Called For Indonesia Stock Market

Higher Open Called For Indonesia Stock Market

The Indonesia stock market has moved higher in four straight sessions, gathering almost 140 points or 2 percent along the way. The Jakarta Composite Index now sits just above the 7,000-point plateau and it's looking at a steady start again on Friday.
RTTNews | 4h 7minuter sedan
Japanese Market Modestly Higher

Japanese Market Modestly Higher

Reversing the losses in the previous session, the Japanese market is modestly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 39,700 level, with gains in exporters and technology stocks.
RTTNews | 4h 16minuter sedan
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