European Economic News Preview: Eurozone Final GDP Data Due

RTTNews | vor 649 Tagen
European Economic News Preview: Eurozone Final GDP Data Due

(RTTNews) - Final manufacturing Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Friday.

At 2.00 am ET, UK Nationwide house price data is due for August. House prices are forecast to fall 3.9 percent on a yearly basis, following a 3.8 percent drop in July.

Half an hour later, the Federal Statistical Office releases Swiss consumer price data. Inflation is seen slowing to 1.5 percent in August from 1.6 percent in July. In the meantime, final GDP and foreign trade figures are due from Hungary.

At 3.00 am ET, manufacturing PMI survey results are due from Poland and Hungary.

At 3.15 am ET, Spain's manufacturing PMI data is due. Economists expect the index to rise to 48.8 in August from 47.8 in July.

At 3.45 am ET, factory PMI data is due from Italy. The index reading is expected to improve to 46.0 in August from 44.5 in July.

Thereafter, final PMI results are due from France and Germany at 3.50 am and 3.55 am ET, respectively.

At 4.00 am ET, S&P publishes euro area final PMI data. The index is forecast to fall to 43.7 in August, as initially estimated, from 42.7 in the previous month.

At 4.30 am ET, UK S&P/CIPS manufacturing PMI data is due. Economists expect the index to fall to 42.5 in August from 45.3 in the previous month.

read more
European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
RTTNews | vor 2Std 12 Minuten
Sensex, Nifty Marginally Higher In Lackluster Trade

Sensex, Nifty Marginally Higher In Lackluster Trade

Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | vor 3Std 23 Minuten
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | vor 4Std 24 Minuten
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
RTTNews | vor 4Std 49 Minuten
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | vor 5Std 18 Minuten
Thai Bourse May Extend Tuesday's Gains

Thai Bourse May Extend Tuesday's Gains

The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
RTTNews | vor 5Std 49 Minuten
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks are a weak spot.
RTTNews | vor 6Std 15 Minuten
Indonesia Shares May Open To The Upside

Indonesia Shares May Open To The Upside

The Indonesia stock market has moved higher in three straight sessions, gathering almost 190 points or 2.7 percent along the way. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's looking at a firm lead again for Wednesday's trade.
RTTNews | vor 6Std 19 Minuten