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European Economics Preview: Germany Factory Orders Data Due
(RTTNews) - Factory orders and construction Purchasing Managers' survey results from Germany are the top economic news due on Tuesday.
At 2.00 am ET, Destatis is scheduled to issue Germany factory orders data for October. Economists forecast orders to grow 0.1 percent on month, in contrast to the 4.0 percent decrease in September.
At 3.00 am ET, the Czech Statistical Office is scheduled to issue retail sales for October. Sales had declined 5.6 percent annually in September.
Half an hour, S&P Global is scheduled to issue Germany's construction PMI data for November.
At 4.30 am ET, UK S&P/CIPS construction PMI data is for November. Economists forecast the index to fall to 52.0 from 53.2 in October.
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Malaysia Shares May Tick Lower Again On Friday
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U.S. Dollar Advances After Strong Economic Data
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Tokyo Inflation Data Due On Friday
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Mexico Central Bank Cuts Rate Again On High Inflation, Weak Economy
The Bank of Mexico cut its key interest for a tenth policy session in a row, on Thursday, in a bid to support the sluggish economy amid high inflation and the heightened uncertainty posed by the U.S. trade tariffs.
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Fed's Schmid Says Current Policy Stance Only Slightly Restrictive
Kansas City Fed President and CEO Jeffrey Schmid, who supported the latest Federal Reserve rate cut, said on Thursday that the current policy stance was appropriate to strike a balance between maintaining price stability and as an insurance against any substantial weakening in the labor market in the coming months.
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Swiss Market Ends Weak For 3rd Straight Day; SNB Leaves Rates Unchanged
The Switzerland market ended notably lower for a third straight session, as stocks reeled under selling pressure right through the day's trading session Thursday. Investors digested the Swiss central bank's decision to leave its policy rate unchanged.
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