European Economic News Preview: Eurozone Inflation, Unemployment Data Due

RTTNews | Před 8 h 27 min
European Economic News Preview: Eurozone Inflation, Unemployment Data Due

(RTTNews) - Inflation and unemployment from the euro area and retail sales from Germany are the top economic news due on Thursday.

At 3.00 am ET, Destatis is scheduled to issue Germany's retail sales and import prices for September. Economists forecast retail sales to fall 0.7 percent on month in September. Import prices are expected to drop 0.4 percent on month, the same rate of decline as seen in August.

At 3.45 am ET, France's flash inflation data is due. Consumer price inflation is expected to rise to 1.9 percent in October from 1.1 percent in September.

At 5.00 am ET, Italy's statistical office ISTAT releases unemployment data for September. The jobless rate is seen unchanged at 6.2 percent.

At 6.00 am ET, Eurostat is scheduled to issue euro area flash inflation and unemployment data. Inflation is expected to rise to 1.9 percent in October from 1.7 percent in September. The jobless rate is seen unchanged at 6.4 percent.

In the meantime, preliminary inflation figures are due from Italy.

read more
Sensex, Nifty Extend Losses For Second Day

Sensex, Nifty Extend Losses For Second Day

Indian shares fell notably on Thursday to extend losses from the previous session as investors awaited U.S. non-farm payrolls figures, inflation data and next week's presidential election for insight into the Federal Reserve policy.
RTTNews | Před 4 h 51 min
French Inflation Rises Less Than Forecast

French Inflation Rises Less Than Forecast

France's consumer price inflation rose at a slower-than-expected pace in October, provisional estimate from the statistical office INSEE showed on Thursday. Consumer price inflation rose slightly to 1.2 percent in October from 1.1 percent in September. The rate was forecast to climb to 1.9 percent.
RTTNews | Před 5 h 21 min
European Shares Decline Ahead Of Inflation Data

European Shares Decline Ahead Of Inflation Data

European stocks were slightly lower on Thursday as investors assessed the latest batch of earnings and awaited the closely watched preliminary euro zone inflation reading for clues to the ECB's rate trajectory.
RTTNews | Před 6 h 18 min
Asian Shares Decline Following BoJ Decision

Asian Shares Decline Following BoJ Decision

Asian stocks ended broadly lower on Thursday as investors reacted to mixed earnings from U.S. technology companies and signals from the Bank of Japan that further rate rises were still on the horizon.
RTTNews | Před 6 h 49 min
Yen Rises After BoJ Keeps Key Rate Unchanged

Yen Rises After BoJ Keeps Key Rate Unchanged

The Japanese yen strengthened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its key interest rate unchanged as widely expected on Thursday and retained a cautious approach as political instability and looming U.S. presidential election added concerns about economic outlook.
RTTNews | Před 7 h 30 min
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | Před 8 h 1 min
China Manufacturing Activity Expands For First Time In 6 Months

China Manufacturing Activity Expands For First Time In 6 Months

China's manufacturing activity expanded for the first time in six months in October, underpinned by strong domestic demand, official survey data revealed Thursday. The official manufacturing Purchasing Managers' Index rose to 50.1 in October from 49.8 in September, survey data from the National Bureau of Statistics showed. The score was seen unchanged at 49.8.
RTTNews | Před 8 h 40 min
Bank Of Japan Keeps Key Rate Unchanged

Bank Of Japan Keeps Key Rate Unchanged

The Bank of Japan left its key interest rate unchanged as widely expected on Thursday and retained a cautious approach as political instability and looming US presidential election added concerns about economic outlook. In a unanimous vote, the Policy Board decided to maintain the uncollateralized overnight call rate to remain at around 0.25 percent. This was the highest since late 2008.
RTTNews | Před 9 h 18 min