European Economic News Preview: UK Inflation Data Due

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European Economic News Preview: UK Inflation Data Due

(RTTNews) - Consumer prices from the UK and the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer prices for May. Inflation is forecast to ease to 3.3 percent in May from 3.5 percent in April.

At 4.00 am ET, the European Central Bank is scheduled to issue euro area current account data for April. The current account surplus totalled EUR 50.9 billion in March.

At 4.30 am ET, UK house price data is due. Economists expect house prices to grow 5.6 percent year-on-year in April, following a 6.4 percent rise in March. At 5.00 am ET, Eurostat is scheduled to publish euro area final inflation figures for May. The flash estimate showed that inflation softened to 1.9 percent from 2.2 percent in April. The statistical office is expected to confirm the preliminary estimate.

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Lower Open Called For Indonesia Stock Market

Lower Open Called For Indonesia Stock Market

The Indonesia stock market headed south again on Thursday, one day after ending the three-day slide in which it had tumbled almost 190 points or 3 percent. The Jakarta Composite Index now sits just beneath the 6,300-point plateau and it's expected to open under water again on Friday.
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Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,700 level, with weakness in mining, energy and technology stocks partially offset by gains in financial stocks.
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Hong Kong Stock Market May Take Further Damage On Friday

Hong Kong Stock Market May Take Further Damage On Friday

The Hong Kong stock market has moved lower in consecutive trading days, retreating more than 320 points or 1.3 percent along the way. The Hang Seng Index now sits just above the 24,760-point plateau and it's tipped to open in the red again on Friday.
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Losing Streak May Continue For Singapore Stock Market

Losing Streak May Continue For Singapore Stock Market

The Singapore stock market has finished lower in back-to-back sessions, slumping almost 40 points or 0.7 percent along the way. The Straits Times Index now sits just above the 5,680-point plateau and it may take further damage on Friday.
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Malaysia Stock Market Tipped To Open In The Red Again On Friday

Malaysia Stock Market Tipped To Open In The Red Again On Friday

The Malaysia stock market has tracked lower in two straight sessions, shedding almost a dozen points or 0.8 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it may extend its losses on Friday.
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Japan Stock Market Due For Consolidation On Friday

Japan Stock Market Due For Consolidation On Friday

The Japan stock market has climbed higher in four straight sessions, rallying more than 2,000 points or 3 percent in that span. The Nikkei 225 now sits just above the 65,500-point plateau, although it's likely to run out of steam on Friday.
RTTNews | 2 jam 16 menit yang lalu
Thai Trade Data Scheduled For Friday

Thai Trade Data Scheduled For Friday

Thailand will on Friday release August numbers for imports, exports and trade balance, highlighting a very light day for Asia-Pacific economic activity.
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TSX Down Marginally; Oil, Yields Pressure Market Sentiment

TSX Down Marginally; Oil, Yields Pressure Market Sentiment

Canadian equities declined Thursday as elevated oil prices and higher bond yields pressured markets. The S&P/TSX Composite Index dropped 0.15%. August retail sales rose 1.3% month-over-month, rebounding from July's 0.7% decline.
RTTNews | 6 jam 27 menit yang lalu