European Economic News Preview: UK Retail Sales, Public Sector Finance Data Due

RTTNews | 679 gün önce
European Economic News Preview: UK Retail Sales, Public Sector Finance Data Due

(RTTNews) - Retail sales and public sector finances from the UK are the top economic news due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance figures. Retail sales are forecast to fall 0.2 percent on month in September, reversing a 0.4 percent rise in August. The UK budget balance is forecast to post a surplus of GBP 17.6 billion in August.

Also, the European Automobile Manufacturers' Association or ACEA publishes Europe's new car registrations for September. Sales had increased 21.0 percent annually in August.

In the meantime, Destatis is scheduled to issue Germany's producer prices for September. Economists forecast prices to fall 14.2 percent annually after easing 12.6 percent in August.

At 4.00 am ET, retail sales data is due from Poland. Sales are expected to decline 2.0 percent annually in September, slower than the 2.7 percent fall in August.

read more
European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 2s 45 dakika önce
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 4s 49 dakika önce
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 5s 18 dakika önce
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 6s 24 dakika önce