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European Economics Preview: Eurozone Retail Sales, Final PMI Data Due

RTTNews | hace 1065

European Economics Preview: Eurozone Retail Sales, Final PMI Data Due

(RTTNews) - Retail sales and final composite Purchasing Managers' survey results from Eurozone are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, the State Secretariat for Economic Affairs releases Swiss GDP data for the second quarter. Economists forecast the economy to grow 0.4 percent sequentially, slightly slower than the 0.5 percent increase in the first quarter.

At 3.15 am ET, S&P Global releases Spain's services Purchasing Managers' survey results. Economists expect the index to fall to 52.9 in August from 53.8 in the previous month.

At 3.45 am ET, Italy's services PMI survey data is due. The index is seen at 48.3, down from 48.4 a month ago.

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

At 4.00 am ET, S&P Global releases euro area final composite PMI survey data. The index is seen at 49.2 in August, the same as in the flash estimate, down from 49.9 a month ago.

Half an hour later, UK S&P/CIPS final PMI survey data is due. The final composite index is forecast to fall to 50.9 in August from 52.1 in July.

At 5.00 am ET, Eurostat is scheduled to publish euro area retail sales figures for July. Economists forecast sales to rise 0.4 percent on month, in contrast to the 1.2 percent fall in June.

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Singapore Stock Market May Spin Its Wheels On Wednesday

Singapore Stock Market May Spin Its Wheels On Wednesday

The Singapore stock market has climbed higher in two straight sessions, gathering more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just beneath the 4,210-point plateau although it may be stuck in neutral on Wednesday.

RTTNews | hace 39 minutos

Malaysia Bourse May Hand Back Tuesday's Gains

Malaysia Bourse May Hand Back Tuesday's Gains

The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and it's likely to remain rangebound again on Wednesday.

RTTNews | hace 1h 9min

Japan Shares May Turn Lower Again On Wednesday

Japan Shares May Turn Lower Again On Wednesday

The Japan stock market on Tuesday wrote a finish to the two-day slide in which it had tumbled almost 780 points or 1.8 percent. The Nikkei 225 now sits just shy of the 40,550-point plateau although it may head south again on Wednesday.

RTTNews | hace 1h 24min

South Korea Shares May Be Stuck In Neutral

South Korea Shares May Be Stuck In Neutral

The South Korea stock market has moved higher in back-to-back sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau although the rally may stall on Wednesday.

RTTNews | hace 1h 39min

New Zealand Unemployment Data Due On Wednesday

New Zealand Unemployment Data Due On Wednesday

New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.

RTTNews | hace 2h 39min

U.S. Dollar Declines Amid Soft ISM PMI Data

U.S. Dollar Declines Amid Soft ISM PMI Data

The U.S. dollar dropped against its most major counterparts in the New York session on Tuesday amid soft ISM services PMI data for July.

RTTNews | hace 3h 19min

TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes

TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes

The Canadian market is up sharply on Tuesday with traders picking up stocks across the board, betting on hopes of an interest rate cut by the Federal Reserve next month.

RTTNews | hace 6h 38min

Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.

RTTNews | hace 7h 11min

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