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European Economics Preview: Eurozone Final HICP Data Due
(RTTNews) - Final harmonized inflation data from Euro area is due on Friday, headlining a light day for the European economic news.
At 3.00 am ET, cosumer and harmonized prices figures are due from Austria. Consumer price inflation is expected to rise to 8.0 percent in May from 7.2 percent in April.
In the meantime, construction output figures are due from Italy.
At 5.00 am ET, Eurostat publishes eurozone final HICP data for May. According to flash estimate, inflation rose to a record 8.1 percent from 7.4 percent in April. The statistical office is expected to confirm the preliminary estimate.
In the meantime, foreign trade data is due from Italy.
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Japanese Market Slightly Higher
The Japanese market is trading slightly higher on Thursday, extending the gains in the previous five sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 36,100 level, with a mixed performance across most sectors as traders remain cautious ahead of the Bank of Japan's latest monetary policy decision.
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1 h 17 min atrás
Australian Market Slightly Lower
The Australian market is trading slightly lower on Thursday, snapping a five-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,100 level, with slight weakness across most sectors led by mining and energy stocks. Some gold stocks were gaining.
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1 h 56 min atrás
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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3 h 48 min atrás
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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4 h 48 min atrás
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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6 h 35 min atrás
Pound Falls Against Most Majors
The pound weakened against its most major counterparts in the New York session on Wednesday.
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8 h 4 min atrás
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.
RTTNews
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9 h 9 min atrás
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.
RTTNews
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9 h 38 min atrás
