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European Economics Preview: UK Public Sector Finance Data Due
(RTTNews) - Public sector finance data from the UK is due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics is slated to issue UK public sector finance data for August. The budget deficit is seen at GBP 8.2 billion versus GBP 4.18 billion in July.
In the meantime, Sweden unemployment data is due for August.
At 4.00 am ET, retail sales figures are due from Poland. Economists forecast sales to climb 20.0 percent annually in August versus July's 18.4 percent increase.
At 6.00 am ET, the Confederation of British Industry releases UK Industrial Trends survey results. The order book balance is seen at -11 percent in September versus -7 percent in August.
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European Shares Seen Opening Up In Cautious Trade
European stocks are likely to open on a steady note Monday after U.S. stocks posted their longest advance in three months on Friday amid signs of easing trade tensions and bets the Federal Reserve will cut interest rates as early as June, as the American economy softens.
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2h 53min ago
Sensex, Nifty Follow Global Peers Higher
Indian shares were trading higher on Monday, tracking firm cues from global markets.
The benchmark S&P/BSE was up 548 points, or 0.7 percent, at 79,760 despite rising tensions between India and Pakistan, triggered by the Pahalgam terror attack.
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4h 10min ago
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Monday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,000.00 mark, with gains technology, energy and financial stocks partially offset by weakness in mining stocks.
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5h 7min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on easing global trade tensions amid ongoing tariff talks between the US and some of its partner countries, including China and Japan. There are also hopes for additional stimulus measures in China aimed at offsetting the impact of US tariffs.
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5h 24min ago
Sensex, Nifty May See Volatility As Tensions At Borders Escalate
Indian shares look set to open on a positive note Monday, though volatility is not ruled out as investors react to escalating tensions with Pakistan over Pahalgam attack.
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5h 58min ago
Thai Stock Market May See Additional Support On Monday
The Thai stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had gained almost 20 points or 1.8 percent. The Stock Exchange of Thailand now sits just beneath the 1,160-point plateau and it's expected to extend open in the green again on Monday.
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6h 29min ago
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Monday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 35,900 level, with gains across most sectors led by automakers and financial stocks. Technology stocks are the only weak spot amid profit booking.
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6h 52min ago
Indonesia Bourse Tipped To Open In The Green
The Indonesia stock market rebounded again on Friday, one day after halting the four-day winning streak in which it had climbed almost 240 points or 3.7 percent. The Jakarta Composite Index now rests just beneath the 6,680-point plateau and it's expected to open higher again on Monday.
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6h 59min ago
