European Economic News Preview: UK Public Sector Finance Data Due

RTTNews | 738 dagar sedan
European Economic News Preview: UK Public Sector Finance Data Due

(RTTNews) - Public sector finances from the UK and the current account from the euro area are the major economic reports due on Tuesday.

At 2.00 am ET, the Office for National Statistics releases UK public sector finance figures for July. The budget deficit is forecast to narrow to GBP 17.03 billion in July from GBP 17.67 billion in June.

In the meantime, foreign trade figures are due from Switzerland. The trade surplus is seen at CHF 4.3 billion in July compared to CHF 4.82 billion in June.

At 4.00 am ET, the European Central Bank publishes the euro area current account data for June. Economists forecast the current account deficit to narrow to EUR 6.9 billion from EUR 9.1 billion in May. At 6.00 am ET, the Confederation of British Industry releases Industrial Trends survey results for August.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

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Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

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Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

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Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
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Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
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