European Economic News Preview: France Business Sentiment Data Due

RTTNews | hace 669
European Economic News Preview: France Business Sentiment Data Due

(RTTNews) - Business confidence from France and current account from the euro area are the major economic news due on Thursday.

At 2.00 am ET, Switzerland's customs office is scheduled to release foreign trade figures for September. The trade surplus is forecast to fall to CHF 3.77 billion from CHF 4.05 billion in August.

At 2.45 am ET, France's statistical office INSEE is set to issue monthly business confidence survey results. The sentiment index is forecast to remain unchanged at 99 in October.

At 4.00 am ET, the European Central Bank releases current account figures for August. The surplus totaled EUR 20.9 billion in July.

In the meantime, industrial production, producer prices and corporate wage figures are due from Poland. Industrial output is expected to drop 3.6 percent annually in September, following a 2 percent drop in August. Economists forecast producer prices to slid 2.8 percent in September, the same rate as seen in the previous month.

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Australian Market Trims Early Losses In Mid-market

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The Hong Kong stock market has moved lower in consecutive trading days, slumping more than 340 points or 1.5 percent along the way. The Hang Seng Index now rests just above the 25,270-point plateau and it may continue to sputter on Monday.
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Australian Market Slightly Higher

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The Australian stock market is slightly higher on Monday after opening in the red, extending the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with a mixed performance across most sectors.
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