European Economic News Preview: Eurozone Retail Sales Data Due
(RTTNews) - Retail sales and investor confidence reports from the euro area are due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Norway is scheduled to issue consumer and producer prices for March. Inflation is forecast to ease to 6.1 percent from 6.3 percent in February.
At 4.30 am ET, Eurozone Sentix investor confidence survey data is due. The sentiment index is forecast to rise to -9.9 in April from -11.1 in March.
At 5.00 am ET, Eurostat is set to publish euro area retail sales for February. Economists forecast retail sales to fall 0.8 percent on month, in contrast to rise 0.3 percent in January.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, despite the negative cues from Wall Street overnight, as traders reacted to actions taken by China to counter the effects of deflation and a slew of upbeat GDP and PMI data from the region. Markets are also cautious following the imposition of tariffs by U.S. on Canada, Mexico and China, and the retaliatory measures by China and Canada.
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5घंटे 51 मिनट पहले
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling to near the 8,100 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors led by financial and energy stocks.
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Sensex, Nifty Seen Tad Higher On US Tariff Relief Hopes
Indian shares may open slightly higher on Wednesday after U.S. Commerce Secretary Howard Lutnick suggested that the Trump administration may reach a tariffs compromise with Mexico and Canada.
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Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Wednesday, adding to the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,300 level, with weakness is exporters and financial stocks partially offset by gains in index heavyweights and technology stocks.
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7घंटे 38 मिनट पहले
Australian Market Significantly Lower
Australian shares are trading significantly lower on Wednesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling to near the 8,100 level, following the broadly negative cues from Wall Street overnight, with a mixed a trend across most sectors. Financial stocks were particularly weak.
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Dollar Stays Weak Against Major Counterparts
The dollar drifted down on Tuesday, extending losses from previous session, amid concerns about the economic impact of trade war following the imposition of tariffs by U.S. on Canada, Mexico and China, and the retaliatory measures by China and Canada.
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9घंटे 52 मिनट पहले
TSX Ends 1.7% Down As Stocks Tumble On Tariff Concerns
The Canadian market ended sharply lower on Tuesday, hurt by heavy selling in several sectors amid concerns about growth as new tariffs by U.S. against Canada, China and Mexico took effect, and Canada and China announced retaliatory measures.
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Canadian Market Set To End On Weak Note
Despite recovering a substantial portion of lost ground, the Canadian market remains deep down in negative territory on Tuesday, and with less than an hour to go for the closing bell, looks set to end the session on a weak note.
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