European Economic News Preview: UK Public Sector Finance Data Due
(RTTNews) - Public sector finance data from the UK and new car registrations from Europe are the top economic news due on Tuesday.
At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. The public sector net borrowing is seen at GBP 17.4 billion in September compared to GBP 13.7 billion in August.
In the meantime, the European Automobile Manufacturers' Association is scheduled to issue Europe new car registrations data for September.
At 4.00 am ET, retail sales data is due from Poland. At 8.00 am ET, Hungary's central bank announces its monetary policy decision. The bank is expected to hold the benchmark rate at 6.5 percent.
read more
UK Budget Deficit Widens More Than Estimated
The UK budget deficit widened more than officially estimated in September and also hit the highest level for the month since 2021, the Office for National Statistics reported Tuesday. Public sector net borrowing increased to GBP 16.6 billion in September from GBP 14.5 billion in the previous year. This was the third highest September borrowing since monthly records began in January 1993.
RTTNews
|
4h 13min ago
Europe New Car Registrations Fall For Second Month: ACEA
Europe's new car registrations declined for the second straight month in September due to the fall in sales across France, Germany and Italy, data published by the European Automobile Manufacturers' Association, or ACEA, showed Tuesday. New car sales decreased 6.1 percent in September from a year ago. However, this was much slower than the 18.3 percent fall posted in August.
RTTNews
|
5h 56min ago
European Shares Set To Open Mostly Higher
European stocks are seen opening mostly higher on Tuesday, even as a cautious undertone may prevail as investors await cues from the latest batch of earnings and speeches by Federal Reserve officials.
RTTNews
|
7h 8min ago
Sensex, Nifty Modestly Higher In Early Trade
Indian shares were slightly higher on Tuesday despite weak cues from global markets due to lingering Middle East tensions and uncertainty over the upcoming U.S. presidential election.
RTTNews
|
8h 10min ago
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as bond yields surged on cooling expectations on US Fed interest rate cuts. Traders also booked some profits after the recent up surge in the markets. The uncertainty over wars in the Middle East and Europe as well as the U.S. presidential election is weighing on market sentiment.
RTTNews
|
9h 37min ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Tuesday, adding to the slight losses in the previous session, with the Nikkei 225 falling to stay a tad above the 38,400 level, following the mixed cues from Wall Street overnight, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews
|
10h 10min ago
Sensex, Nifty Seen Lower As Bond Yields Surge
Indian shares are likely to open lower on Tuesday as investors react to weak global cues and an uptrend in oil prices overnight amid heightened tensions in the Middle East.
RTTNews
|
10h 11min ago
Thai Stock Market May Take Further Damage On Tuesday
The Thai stock market has tracked lower in two straight sessions, slipping more than 6 points or 0.4 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,490-point plateau and it's looking at another soft start again on Tuesday.
RTTNews
|
10h 36min ago
