European Economic News Preview: Eurozone Foreign Trade Data Due

RTTNews | 9h 14min atrás
European Economic News Preview: Eurozone Foreign Trade Data Due

(RTTNews) - Foreign trade data from the euro area is the only major statistical report due on Monday, headlining a light day for the European economic news.

At 2.30 AM ET, Switzerland's Federal Statistical Office publishes industrial production data for the third quarter.

At 3.00 AM ET, the Czech Statistical Office is scheduled to release producer prices for October. Economists expect producer prices to grow 0.9 percent annually, following a 0.6 percent rise in September.

At 4.00 am ET, foreign trade data is due from Spain.

At 5.00 am ET, Eurostat publishes euro area external trade data for September. The trade surplus is forecast to increase to EUR 7.9 billion from EUR 4.6 billion in the previous month.

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DAX Inches Higher In Cautious Trade As Banks Gain

DAX Inches Higher In Cautious Trade As Banks Gain

German stocks were modestly higher in cautious trade on Monday as investors awaited speeches from European Central Bank policymakers including chief Christine Lagarde later in the day for new hints about whether the central bank will cut interest rates again when it meets in December.
RTTNews | 5h 17min atrás
Yen Retreats After BoJ Ueda Comments Add Rate Hike Uncertainty

Yen Retreats After BoJ Ueda Comments Add Rate Hike Uncertainty

The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday, after the Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike.
RTTNews | 5h 44min atrás
Yen Retreats Against Majors

Yen Retreats Against Majors

The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday.
RTTNews | 6h 15min atrás
BoJ Chief Says Future Rate Decisions Will Be Data Dependent

BoJ Chief Says Future Rate Decisions Will Be Data Dependent

Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike. At each monetary policy meeting, the BoJ will make policy decisions based on its assessment of economic activity and prices with the data and information available at the time of each meeting, Ueda told business leaders in Nagoya.
RTTNews | 6h 17min atrás
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Monday.
RTTNews | 8h 27min atrás
European Shares Poised To Open On Firm Note

European Shares Poised To Open On Firm Note

European stocks are seen opening on a positive note Monday, even as the upside may remain capped due to concerns about the path of interest rates.
RTTNews | 8h 39min atrás