European Economics Preview: Germany Flash Inflation Data Due

RTTNews | 883 dias atrás
European Economics Preview: Germany Flash Inflation Data Due

(RTTNews) - Flash consumer prices from Germany and economic confidence survey results from the euro area are the major reports due on Thursday.

At 2.00 am ET, Statistics Sweden releases flash GDP data and retail sales figures. The economy is forecast to grow 0.7 percent sequentially in the second quarter, reversing the 0.8 percent fall in the first quarter.

At 2.45 am ET, France's Insee is scheduled to issue producer prices for June. Prices had increased 27.3 percent annually in May.

At 3.00 am ET, retail sales and unemployment from Spain are due. The jobless rate is expected to fall to 13.0 percent in the second quarter from 13.65 percent a quarter ago.

Also, Sweden's National Institute of Economic Research is scheduled to issue economic tendency survey results.

At 4.00 am ET, industrial turnover data is due from Italy.

At 5.00 am ET, the European Commission is set to release euro area economic sentiment survey results. The economic confidence index is forecast to fall to 102 in July from 104 in June.

At 8.00 am ET, Germany's Destatis is scheduled to release flash consumer and harmonized prices for July. Consumer price inflation is seen at 7.4 percent versus 7.6 percent in June.

read more
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders continue to be optimistic about more interest rate cuts by the U.S. Fed next year. They also remain reluctant to make significant moves at the end of the holiday shortened week to start fresh next week. Asian markets ended mixed on Thursday.
RTTNews | 9h 51min atrás
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Friday, but adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by mining and technology stocks.
RTTNews | 10h 43min atrás
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening on a muted note Friday following a lackluster session on Wall Street overnight and mixed cues from other Asian markets this morning.
RTTNews | 10h 53min atrás
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Adding to the gains in the previous two sessions, the Japanese stock market is significantly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 39,900 level, with gains across most sectors led by index heavyweights and technology stocks as traders reacted positively to a slew of domestic economic data.
RTTNews | 11h 18min atrás