European Economic News Preview: UK Inflation Data Due
(RTTNews) - Consumer prices from the UK and passenger car registrations from Europe are the top economic news due on Wednesday.
At 2.00 am ET, the Office for National Statistics is set to release UK consumer prices for December. Inflation is forecast to ease to 10.5 percent from 10.7 percent in November.
In the meantime, the European Automobile Manufacturers' Association is scheduled to issue new car registrations data for December.
At 4.30 am ET, UK house price data is due from ONS.
Half an hour later, Eurostat publishes euro area final consumer prices for December. The preliminary estimates showed that inflation eased to 9.2 percent from 10.1 percent in November. The statistical office is set to confirm the flash estimate.
read more
U.S. Wholesale Inventories Decrease In Line With Estimates In December
The Commerce Department released a report on Friday showing wholesale inventories in the U.S. decreased in line with economist estimates in the month of December.
RTTNews
|
5 ชม. 56 นาทีที่ผ่านมา
U.S. Consumer Sentiment Unexpectedly Slumps In February As Inflation Expectations Surge
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of February, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index slumped to 67.8 in February after rising to 71.1 in January. Economists had expected the index to inch up by to 72.0.
RTTNews
|
6 ชม. 25 นาทีที่ผ่านมา
U.S. Employment Climbs Less Than Expected In January
While the Labor Department released a report on Friday showing employment in the U.S. increased by less than expected in the month of January, the report also showed the unemployment rate unexpectedly edged slightly lower.
RTTNews
|
8 ชม. 18 นาทีที่ผ่านมา
Bay Street Looks Headed For Positive Start; Jobs Data In Focus
Higher crude oil and bullion prices point to a positive start on Bay Street Friday morning, but Canadian and U.S. jobs data, due before the opening bell, may well set the trend for stocks.
RTTNews
|
8 ชม. 34 นาทีที่ผ่านมา
India Cuts Interest Rates For First Time Since 2020
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor prioritized providing impetus to economic growth than containing inflation and, underlined that the bank does not target any exchange rate level for the rupee. The 6-member RBI Monetary Policy Committee, headed by Governor Sanjay Malhotra, decided to lower the policy
RTTNews
|
8 ชม. 56 นาทีที่ผ่านมา
FTSE 100 Modestly Lower In Cautious Trade
U.K. stocks are drifting lower in cautious trade Friday morning, after rising to record highs in the previous session, as investors await the release of U.S. non-farm payroll data for some clues about the Federal Reserve's likely move on interest rates.
RTTNews
|
10 ชม. 40 นาทีที่ผ่านมา
Amazon Q4 Upbeat, Sees Sales Growth In Q1; But Stock Down
Shares of Amazon.com Inc. declined around 4 percent in the extended trading on Thursday and are currently down around 3 percent in the pre-market activity on the Nasdaq, after the tech major projected slower sales growth in the first quarter than the fourth quarter, with a significant unfavorable foreign exchange imapct. This was despite reporting higher earnings, above the Street estimates...
RTTNews
|
11 ชม. 6 นาทีที่ผ่านมา
Sensex, Nifty End Modestly Lower As RBI Cuts Repo Rate
Indian shares ended slightly lower on Friday as the Reserve Bank of India (RBI) reduced its key interest rates for the first time in nearly five years with an aim to support the slowing economy, which is projected to grow at its weakest pace in four years.
RTTNews
|
11 ชม. 28 นาทีที่ผ่านมา
