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European Economic News Preview: UK Inflation Data Due
(RTTNews) - Consumer price data from the UK is the only major report due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics publishes UK consumer prices for April. Consumer price inflation is forecast to rise to 3.3 percent from 2.6 percent in March.
At 4.00 am ET, industrial production, producer prices and corporate wages are due from Poland.
At 4.30 am ET, UK house price data is due. Economists expect house prices to climb 5.2 percent on a yearly basis in March, following a 5.4 percent rise in February.
In the meantime, Iceland's central bank announces its monetary policy decision.
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Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy, financial and technology stocks partially offset by a mixed performance in mining stocks.
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17分钟前
China Shares May Open Under Pressure On Thursday
The China stock market has finished lower in five straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just beneath the 3,340-point plateau and it may see continued consolidation on Thursday.
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21分钟前
Renewed Selling Pressure Expected For Taiwan Shares
The Taiwan stock market on Wednesday ended the four-day losing streak in which it had given up more than 460 points or 2.2 percent. The Taiwan Stock Exchange now sits just above the 21,350-point plateau although it may head south again on Thursday.
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51分钟前
Singapore Bourse May Run Out Of Steam On Thursday
The Singapore stock market has moved higher in two straight sessions, advancing more than 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,910-point plateau although the rally may stall on Thursday.
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1小时21分钟前
Losing Streak May Continue For Malaysia Stock Market
The Malaysia stock market has moved lower in three straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's looking at another soft start again on Thursday.
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1小时51分钟前
Japan Stock Market May Extend Wednesday's Losses
The Japan stock market on Wednesday snapped the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 27,720-point plateau and it may take further damage on Thursday.
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2小时6分钟前
KOSPI Likely To Remain Rangebound
The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had given up almost 35 points or 1.4 percent. The KOSPI now rests just above the 2,670-point plateau and it may hand back some of those gains on Thursday.
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2小时21分钟前
Korea Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 2.75 percent.
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3小时21分钟前
