European Economic News Preview: Eurozone Flash PMI Data Due

RTTNews | Před 567 dny
European Economic News Preview: Eurozone Flash PMI Data Due

(RTTNews) - Flash Purchasing Managers' survey results from euro area and the UK are due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, Statistics Norway releases GDP data for the third quarter. The economy is forecast to grow 0.3 percent sequentially after staying flat in the second quarter.

At 2.45 am ET, France's statistical office INSEE is scheduled to issue business sentiment survey results. The business confidence index is seen unchanged at 98.0 in November.

At 3.15 am ET, S&P Global publishes France's flash composite PMI survey data for November. Economists expect the composite indicator to rise to 45.0 from 44.6 in the previous month.

At 3.30 am ET, flash composite PMI survey results are due from Germany. The composite indicator is forecast to rise to 46.5 in November from 45.9 in October.

In the meantime, Sweden's central bank announces its monetary policy decision. The bank is widely expected to hike the benchmark rate by 25 basis points to 4.25 percent.

At 4.00 am ET, Eurozone flash composite PMI survey data is due. Economists forecast the composite output index to improve to 46.9 in November from 46.5 a month ago.

Half an hour later, S&P Global releases UK's flash composite PMI data for November. The composite indicator is seen unchanged at 48.7.

At 7.30 am ET, the European Central Bank is set to publish the account of the monetary policy meeting of the Governing Council held on October 25 and 26.

read more
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | Před 39 minutami
European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

Monthly GDP, industrial production and foreign trade from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent on a monthly basis in April, reversing a 0.2 percent rise in March.
RTTNews | Před 2 h 47 min
Sensex, Nifty Subdued In Cautious Trade

Sensex, Nifty Subdued In Cautious Trade

Indian shares were subdued on Thursday as investors assessed U.S. President Donald Trump's declaration that a trade deal with China was "done" and that he would set unilateral tariff rates for trading partners within two weeks.
RTTNews | Před 3 h 4 min
Australian Market Doubles Early Gains In Mid-market

Australian Market Doubles Early Gains In Mid-market

The Australian market is doubling its early gains in mid-market moves on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in gold miners and energy stocks partially offset by weakness in iron ore miners.
RTTNews | Před 3 h 27 min