European Economic News Preview: UK Public Sector Finance Data Due

RTTNews | 7 days ago
Stocktwits
European Economic News Preview: UK Public Sector Finance Data Due

(RTTNews) - Public sector finance data from the UK and business confidence from France are due on Friday, headlining a light day for the European economic news.

At 3.00 am ET, the Office for National Statistics releases UK public sector borrowing figures. The budget deficit is seen at GBP 7.0 billion in February.

At 3.45 am ET, France's statistical office INSEE is scheduled to issue manufacturing confidence survey data. Economists forecast the sentiment index to remain unchanged at 97 in March.

At 5.00 am ET, the European Central Bank publishes euro area current account data for January.

At 6.30 am ET, Russia's central bank announces its monetary policy decision. The bank is set to hold the benchmark rate at 21.00 percent.

At 7.00 am ET, the Confederation of British Industry releases Industrial Trends survey data. The retail sales balance is seen falling to -30 in March from -28 in February.

At 11.00 am ET, the European Commission is slated to release flash euro area consumer confidence survey results. The confidence index is forecast to improve to -13.0 in March from -13.6 in February.

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European Economic News Preview: German Unemployment Data Due

European Economic News Preview: German Unemployment Data Due

Unemployment from Germany and business confidence from the euro area are the top economic news due on Friday, headlining a hectic day for the European economic news. At 3.00 am ET, the Office for National Statistics releases UK revised GDP, retail sales and foreign trade figures. The initial estimate showed that the economy grew 0.1 percent in the fourth quarter.
RTTNews | 4h 25min ago
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Friday, following the negative from Wall Street overnight, amid concerns over upcoming reciprocal tariffs and the 25% tariffs on auto and auto components imports in to the U.S. to go in to effect next week. The uncertainty about US President Donald Trump's trade policies continues to weigh on market sentiment. Asian markets ended mixed on Thursday.
RTTNews | 7h 16min ago
Australian Market Reverses Early Losses To Modest Gains In Mid-market

Australian Market Reverses Early Losses To Modest Gains In Mid-market

The Australian stock market is reversing the early losses to modest gains in mid-market moves on Friday, recouping some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the psychological 8,000 mark, with gains in energy and mining stocks partially offset by weakness in technology stocks.
RTTNews | 7h 43min ago
Lower Open Anticipated For Thai Stock Market

Lower Open Anticipated For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had collected almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just beneath the 1,190-point plateau and it may tick lower again on Friday.
RTTNews | 9h 20min ago
Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

Extending the losses in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling more than 2 percent to near the 37,000 mark, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 9h 25min ago
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