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European Economics Preview: Germany ZEW Economic Confidence Data Due
(RTTNews) - Economic confidence data from Germany is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, the European Automobile Manufacturers' Association is scheduled to issue new car registrations data for September. Passenger car sales had increased 4.4 percent annually in August.
At 4.00 am ET, Italy's Istat publishes foreign trade data for August. The trade deficit is forecast to widen to EUR 0.5 billion from EUR 0.36 billion in July.
At 5.00 am ET, Germany ZEW economic confidence survey results are due. Economists forecast the economic sentiment index to fall to -65.7 in October from -61.9 in the previous month.
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Little Movement Seen For Japan Stock Market
The Japanese stock market has finished higher in five straight sessions, rallying almost 1,850 points or 5 percent along the way. The Nikkei 225 now sits just beneath the 36,050-point plateau and it's likely to hold steady in that neighborhood again on Thursday.
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14 minutes ago
Japan Rate Decision On Tap For Thursday
The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
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1h 14min ago
Canadian Dollar Extends Gain Against Majors
The Canadian dollar extended gains against its major counterparts in the New York session on Wednesday.
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3h 0min ago
Pound Falls Against Most Majors
The pound weakened against its most major counterparts in the New York session on Wednesday.
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4h 29min ago
Swiss Market Ends On Positive Note
The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
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5h 34min ago
Major European Markets Close Higher As Investors React To Earnings, Economic Data
The major European markets closed higher on Wednesday amid easing trade tensions, and on largely encouraging quarterly results from several big name companies.
Investors also digested a slew of regional economic data, and U.S. GDP report.
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6h 3min ago
TSX Down Nearly 1% Despite Coming Off Early Lows
Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure.
Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
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6h 47min ago
German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months
Germany's consumer price inflation slowed for a second straight month in April to its lowest level in six months as energy prices continued to fall, but the core price growth accelerated for the first time since December as services cost growth increased, which warrants caution from the European Central Bank that is set to reduce interest rates further.
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6h 57min ago
