European Economic News Preview: UK Public Sector Finance Data Due

RTTNews | 643天前
European Economic News Preview: UK Public Sector Finance Data Due

(RTTNews) - Bank of England's Governor Andrew Bailey is set to testify before the parliamentary committee on Tuesday. No other major reports are due from Europe today.

At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for October. The budget surplus is forecast to rise to GBP 21 billion from GBP 13.5 billion in September.

In the meantime, the European Automobile Manufacturers' Association is set to publish Europe's new car registrations data for October. Also, foreign trade data is due from Switzerland.

At 4.00 am ET, industrial production, producer prices and corporate sector wages are due from Poland. Economists forecast output to grow 1.6 percent annually in October, in contrast to the 3.1 percent decrease in September. At the same time, the annual decline in producer prices is expected to deepen to 3.5 percent from 2.8 percent.

At 5.15 am ET, Bank of England Governor Andrew Bailey along with Monetary Policy Committee members Dave Ramsden, Jonathan Haskel and Catherine L Mann are set to attend the Treasury Select Hearing.

At 8.00 am ET, Hungary's central bank announces its monetary policy decision. The bank is expected to cut its base rate to 11.50 percent from 12.25 percent.

At 11.00 am ET, European Central Bank President Christine Lagarde is set to speak on the occasion of the 100th anniversary of the currency reform in Germany in 1923 organized by the German Ministry of Finance in Berlin.

read more
Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | 25分钟前
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 37分钟前
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | 55分钟前
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
RTTNews | 56分钟前
Hong Kong Shares Tipped To Open In The Green

Hong Kong Shares Tipped To Open In The Green

The Hong Kong stock market has moved higher in two of three trading days since the end of the four-day losing streak in which it had fallen more than 480 points or 1.7 percent. The Hang Seng Index now rests just beneath the 25,340-point plateau and it's expected to open higher again on Monday.
RTTNews | 1小时9分钟前
China Stock Market May Extend Winning Streak

China Stock Market May Extend Winning Streak

The China stock market has moved higher in three straight sessions, advancing almost 100 points or 2.9 percent along the way. The Shanghai Composite Index now sits just above the 3,825-point plateau and it's expected to add to its winnings again on Monday.
RTTNews | 1小时25分钟前
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 23,760-point plateau, although it's likely to bounce higher again on Monday.
RTTNews | 1小时55分钟前
Singapore Stock Market May See Additional Support On Monday

Singapore Stock Market May See Additional Support On Monday

The Singapore stock market has climbed higher in four straight sessions, improving more than 65 points or 1.5 percent along the way. The Straits Times Index now sits just above the 4,250-point plateau and it's got a strong lead again for Monday's trade.
RTTNews | 2小时25分钟前