European Economic News Preview: Eurozone Final Inflation Data Due

RTTNews | 1278 days ago
European Economic News Preview: Eurozone Final Inflation Data Due

(RTTNews) - Final consumer prices from the euro area and monetary policy decision from Russia are the major economic news due on Friday.

At 3.00 am ET, unemployment data from Sweden is due.

At 5.00 am ET, Italy's Istat is set to issue foreign trade data for January. The trade surplus totaled EUR 1.067 billion in December.

At 5.30 am ET, the Bank of England/Ipsos Inflation Attitudes Survey results are due.

At 6.00 am ET, Eurostat releases euro area final consumer prices data. The statistical office is expected to confirm the flash inflation estimate of 8.5 percent in February, down from 8.6 percent in January.

Half an hour later, Russia's central bank announces its monetary policy decision. Economists expect the bank to hold its key rate at 7.50 percent.

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European Shares Set For Cautious Open

European Shares Set For Cautious Open

European stocks are seen opening on a cautious note on Tuesday as investors look ahead to monetary policy meetings of central banks, including the U.S. Federal Reserve, the Bank of England and the Bank of Japan this week.
RTTNews | 2h 3min ago
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain concerned about the uncertainty in the Middle East conflict. Higher bond yields and soaring crude oil prices fueled global inflation concerns and indicated an imminent interest rate hike from the US Fed this week. Asian markets closed mostly lower on Monday.
RTTNews | 4h 22min ago
Lower Open Expected For Thai Stock Market

Lower Open Expected For Thai Stock Market

The Thai stock market has moved lower in four straight sessions, retreating almost 30 points or 1.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's expected to spin its wheels again on Tuesday.
RTTNews | 5h 39min ago
Indonesia Bourse May See Continued Consolidation On Tuesday

Indonesia Bourse May See Continued Consolidation On Tuesday

The Indonesia stock market has finished lower in four straight sessions, sinking more than 150 points or 2.3 percent along the way. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's looking at another soft start again on Tuesday.
RTTNews | 6h 9min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling well below the 63,400 level, with weakness in automakers and financial stocks partially offset by gains in index heavyweights.
RTTNews | 6h 15min ago
Hang Seng May Hand Back Monday's Gains

Hang Seng May Hand Back Monday's Gains

The Hong Kong stock market on Monday halted the five-day losing streak in which it had given up more than 850 points or 3 percent. The Hang Seng Index now sits just shy of the 24,920-point plateau although it may head south again on Tuesday.
RTTNews | 6h 24min ago