European Economic News Preview: France Flash Inflation, Revised GDP Data Due

RTTNews | 918天前
European Economic News Preview: France Flash Inflation, Revised GDP Data Due

(RTTNews) - Revised quarterly national accounts and flash consumer prices from France are due on Tuesday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for January. Import prices are forecast to fall 1.5 percent on month, following a 1.6 percent decrease in December.

In the meantime, final GDP, foreign trade and producer price figures are due from Sweden.

At 2.45 am ET, France's statistical office INSEE releases revised quarterly national accounts, flash inflation, consumer spending and producer prices data. The statistical office is expected to confirm 0.1 percent sequential economic growth for the fourth quarter. Flash consumer price inflation is seen rising to 6.1 percent in February from 6.0 percent in January.

At 3.00 am ET, Swiss GDP data is due. Economists expect the economy to grow 0.1 percent sequentially, slower than the 0.2 percent increase a quarter ago.

In the meantime, Spain INE is slated to issue flash consumer and harmonized consumer prices for February. Consumer price inflation is seen easing to 5.7 percent from 5.9 percent in January. Also, final GDP data from Austria and producer prices from the Czech Republic are due.

At 4.00 am ET, Italy's Istat publishes industrial turnover and non-EU foreign trade data.

read more
Australia GDP Growth Accelerates In Q2

Australia GDP Growth Accelerates In Q2

The Australian economy expanded at a faster pace in the second quarter after severe weather events damped activity in the preceding quarter, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product growth doubled to 0.6 percent in the June quarter from 0.3 percent in the March period. The rate also exceeded economists' forecast of 0.5 percent.
RTTNews | 33分钟前
China Service Sector Growth Improves In August

China Service Sector Growth Improves In August

China's service sector growth accelerated in August driven by the strong upturn in new orders, survey data from S&P Global showed on Wednesday. The headline RatingDog services Purchasing Managers' Index rose unexpectedly to 53.0 in August from 52.6 in July. Economists expect the indicator to fall to 52.4. The rate of increase was the fastest seen since May 2024.
RTTNews | 41分钟前
European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite purchasing managers' survey results from the euro area and the UK are due on Wednesday, headlining a light day for the European economic news. At 3.15 am ET, S&P Global publishes Spain's composite and services PMI survey data. The services PMI is expected to fall to 54.4 in August from 55.1 in the previous month.
RTTNews | 1小时11分钟前
European Shares Seen Up In Cautious Trade

European Shares Seen Up In Cautious Trade

European stocks are seen opening slightly higher on Wednesday as bond yields stabilized after a spike overnight and a federal judge ruled against breaking up Google, fueling optimism that tech giants will be able to weather regulatory threats.
RTTNews | 1小时48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, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 3小时28分钟前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid renewed uncertainty among various nations trading with the US, many of which have concluded tariff deals, after a US Appeals Court ruled that US President Donald Trump's "reciprocal tariffs" are illegal. Asian markets closed mixed on Tuesday.
RTTNews | 3小时31分钟前