European Economic News Preview: Germany Foreign Trade Data Due
(RTTNews) - Foreign trade data from Germany and unemployment from Spain are the top economic news due on Tuesday.
At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade figures for February. Exports are expected to climb 1.6 percent on month, slower than the 2.1 percent rise in January.
At 3.00 am ET, Spain unemployment data for March is due. The number of unemployed totaled 2,600 in February.
At 4.00 am ET, the European Central Bank publishes consumer expectation survey results. At 5.00 am ET, Eurostat is slated to release euro area producer price data for February. Producer price inflation is seen easing to 13.3 percent from 15.0 percent in January.
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RBA Cautious About Further Easing, Minutes Show
The Reserve Bank of Australia is cautious about lowering the benchmark interest rate further and the decision to cut the rate in February does not mean that the bank is committed to cut again at coming meetings. At the February meeting, the bank had reduced the interest rate for the first time since 2020. The rate was lowered by 25 basis points to 4.10 percent.
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5g 28 minut temu
Antipodean Currencies Slide On Trump Tariff Threat
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, amid concerns about the economic impact after U.S. President Donald Trump confirmed the 25% tariffs on Canada and Mexico as well as the additional 10 percent tariff on China will take effect Tuesday. The reciprocal tariffs on other U.S. trade partners will be imposed on April 2.
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6g 9 minut temu
Japan Capex Falls Unexpectedly; Jobless Rate Steady At 2.5%
Capital investment of Japanese companies declined unexpectedly in the fourth quarter and the jobless rate remained in January, official data revealed Tuesday. Investment in plant and machinery dropped 0.2 percent, in contrast to the sharp 8.1 percent increase in the third quarter, the Ministry of Finance reported. Investment declined for the first time in nearly four years.
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6g 32 minut temu
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
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6g 37 minut temu
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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6g 43 minut temu
European Economic News Preview: Eurozone Unemployment Data Due
Unemployment from the euro area and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor agency publishes monthly unemployment data for February. The number of unemployed is expected to rise to 45,200 from 38,700 in the previous month.
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7g 54 minut temu
European Shares May Face Selling Pressure On Trade War Fears
European stocks may succumb to selling pressure on Tuesday after U.S. President Donald Trump paused all military aid for Ukraine to ensure that it will contribute to a solution.
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7g 56 minut temu
Sensex, Nifty Open Lower On Weak Global Cues
Indian shares opened lower on Tuesday amid persistent FII selling, continuing uncertainty around tariffs and ongoing geopolitical tensions between Russia and Ukraine.
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9g 5 minut temu
