European Economic News Preview: Germany Industrial Output & Retail Sales Data Due

RTTNews | 720日前
European Economic News Preview: Germany Industrial Output & Retail Sales Data Due

(RTTNews) - Industrial production and retail sales from Germany and revised quarterly national accounts from the euro area are due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production and retail sales for January. Industrial output is forecast to grow 1.4 percent on month, in contrast to the 3.1 percent decrease in December. Sales are expected to climb 2.0 percent on month, reversing a 5.3 percent decrease in the prior month.

Half an hour later, the Hungarian Central Statistical Office is scheduled to release consumer prices for February. Inflation is forecast to ease to 25.4 percent from 25.7 percent in January.

At 4.00 am ET, Italy's Istat is scheduled to publish retail sales for January. Economists forecast sales to fall 0.2 percent on month, the same pace of fall as seen in December.

At 5.00 am ET, Eurostat releases euro area revised quarterly national accounts for the fourth quarter. The initial estimate showed that the currency bloc expanded only 0.1 percent after rising 0.3 percent in the third quarter.

read more
Europe New Car Registrations Decline In January

Europe New Car Registrations Decline In January

Europe's new car registrations declined in January as sales weakened across three major markets, the European Automobile Manufacturers' Association said Tuesday. New car sales decreased 2.6 percent from a year ago, in contrast to the 5.1 percent increase in December. Car registrations declined 6.2 percent in France and by 5.8 percent in Italy. Germany reported a moderate fall of 2.8 percent.
RTTNews | 5時14分前
China Maintains Medium-Term Lending Facility Rate

China Maintains Medium-Term Lending Facility Rate

The People's Bank of China conducted one-year medium-term lending facility operations on Tuesday and the interest rate on MLF was kept unchanged. The central bank issued CNY 300 billion of one-year MLF at a rate of 2.0 percent. The interest rate was unchanged from the previous operation.
RTTNews | 5時53分前
European Economics News Preview: Germany GDP Data Due

European Economics News Preview: Germany GDP Data Due

Revised quarterly national accounts data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's revised GDP data. The initial estimate showed that the largest euro area economy contracted 0.2 percent in fourth quarter after expanding 0.1 percent in the preceding quarter.
RTTNews | 6時26分前
Bank Of Korea Cuts Policy Rate By 25 Bps

Bank Of Korea Cuts Policy Rate By 25 Bps

The Bank of Korea reduced its benchmark rate by a quarter-point on Tuesday as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth. The monetary policy board, governed by Rhee Chang Yong, decided to lower the Base Rate by 25 basis points to 2.75 percent. The decision matched expectations.
RTTNews | 7時2分前
Sensex, Nifty Modestly Higher In Cautious Trade

Sensex, Nifty Modestly Higher In Cautious Trade

Indian shares were slightly higher in cautious trade on Tuesday after having suffered heavy losses in the previous session on tariff worries and apprehensions over the artificial intelligence-driven narratives.
RTTNews | 8時14分前
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remain concerned about the lingering US tariff threats and uncertainty about the outlook for global economic growth. US President Donald Trump directed a top government committee to limit Chinese investment in energy, technology, and other vital U.S. industries.
RTTNews | 9時12分前
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintain its early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness across most sectors led by mining and technology stocks.
RTTNews | 9時55分前