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European Economic News Preview: UK Inflation Data Due
(RTTNews) - Consumer and producer prices from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news.
At 1.00 am ET, Statistics Finland is set to publish CPI and final HICP figures for January. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for January. Consumer price inflation is forecast to rise to 2.8 percent from 2.5 percent in December. Economists forecast output prices to rise 0.2 percent month-on-month and input prices to gain 0.7 percent.
At 4.00 am ET, the European Central Bank is scheduled to issue euro area current account data for December. The current account surplus is forecast to rise to EUR 30.2 billion from EUR 27 billion in November.
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German Industrial Output Drops; Exports Fall
German industrial production declined more than expected in April as the temporary boost from the frontloading of orders ahead of the US tariff hikes faded, data from Destatis revealed on Friday. Another data showed that Germany's trade surplus declined in April as exports to the US logged a double-digit decline amid a notable growth in imports. Industrial output declined 1.4 percent.
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21 dakika önce
UK Halifax House Prices Fall Unexpectedly
UK house prices declined unexpectedly in May after the stamp duty holiday ended in March, data from the mortgage lender Halifax revealed on Friday. House prices dropped 0.4 percent month-on-month in May, in contrast to the 0.3 percent increase in April. Prices were expected to grow 0.4 percent. On a yearly basis, house price inflation softened to 2.5 percent in May from 3.2 percent in April.
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1s 18 dakika önce
European Shares Seen Opening On Cautious Note Before US Jobs Data
European stocks may drift lower at open on Friday as investors await the U.S. Labour Department's closely watched monthly jobs report later in the day for more insight into the labor market and the outlook for monetary policy.
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3s 9 dakika önce
European Economic News Preview: Germany Industrial Output, Foreign Trade Data Due
Industrial production and foreign trade from Germany and house prices from the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production and foreign trade data. Economists forecast industrial output to fall 0.9 percent on a monthly basis in April, in contrast to the 3.0 percent rise in March.
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3s 25 dakika önce
Sensex, Nifty Open Lower Ahead Of RBI Rate Decision
Indian shares opened lower on Friday ahead of the Reserve Bank of India's monetary policy announcement later in the day, with markets expecting a third consecutive cut.
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4s 16 dakika önce
Sensex, Nifty Seen Little Changed Before RBI's Rate Decision
Indian shares look set to open on a flat note Friday as investors await the Reserve Bank of India's (RBI) monetary policy decision later in the day, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.
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6s 8 dakika önce
Asian Shares Muted In Lackluster Trade
Asian stocks were mixed in lackluster trade on Friday despite U.S. President Donald Trump describing a phone call with his Chinese counterpart as "very good" and saying it "resulted in a very positive conclusion for both countries."
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6s 15 dakika önce
Thai Stock Market May Head South Again On Friday
The Thai stock market on Thursday ended the two-day slide in which it had slumped more than 30 points or 2.4 percent. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may tick lower again on Friday.
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7s 13 dakika önce
