European Economic News Preview: Eurozone GDP Data Due

RTTNews | 832天前
European Economic News Preview: Eurozone GDP Data Due

(RTTNews) - Revised quarterly national accounts data from the euro area is due on Thursday, headlining a light day for the European economic news.

At 1.30 am ET, France non-farm payroll data is due for the first quarter.

At 2.30 am ET, the Hungarian Statistical Office publishes consumer prices and flash foreign trade data. Inflation is forecast to slow to 22.3 percent in May from 24.8 percent in April.

At 5.00 am ET, Eurostat releases euro area quarterly GDP data for the first quarter. The initial estimates showed that the currency-bloc of 20 nations grew only 0.1 percent after stabilizing in the fourth quarter.

At 6.00 am ET, consumer price data is due from Ireland. Consumer prices had increased 7.2 percent in April.

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European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK inflation data for August. Economists forecast consumer price inflation to remain unchanged at 3.8 percent.
RTTNews | 6小时11分钟前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,850 level, following the broadly negative cues from Wall Street overnight, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 6小时34分钟前
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as traders fear the widely expected interest rate cut of a quarter point by the US Fed later in the day will be too little after recent US jobs and inflation numbers. They remain cautious and are reluctant to make significant moves ahead of the announcement.
RTTNews | 6小时38分钟前