European Economic News Preview: Eurozone Final Factory PMI Due

RTTNews | 503 दिनों पहले
European Economic News Preview: Eurozone Final Factory PMI Due

(RTTNews) - Final factory Purchasing Managers' survey from the euro area is the major report due on Thursday.

At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer prices and retail sales figures. Inflation is seen at 1.1 percent in April, up from 1.0 percent in March. Sales are forecast to grow 0.2 percent annually in March, in contrast to the 0.2 percent fall in February.

At 3.15 am ET, Spain's manufacturing PMI survey results are due. The factory PMI is expected to fall to 51.3 in April from 51.4 in March.

At 3.45 am ET, manufacturing PMI survey results are due from Italy. Economists forecast the index to fall slightly to 50.3 in April from 50.4 in March.

At 3.50 am ET, France's final factory PMI data is due. The final reading is seen at 44.9 in April, unchanged from the flash estimate.

At 3.55 am ET, final PMI data is due from Germany. The index is expected to rise to 42.2 in April, in line with flash estimate, from 41.9 in March.

At 4.00 am ET, Eurozone final manufacturing PMI data is due. The April score is expected to match the flash estimate of 45.6 compared to 46.1 in March.

read more
Bank Indonesia Cuts Rate Unexpectedly

Bank Indonesia Cuts Rate Unexpectedly

Indonesia's central bank reduced its key interest rate unexpectedly to the lowest level since 2022 to stimulate economic growth and also raised expectations for more reductions. The Bank Indonesia board, governed by Perry Warjiyo, decided to cut the BI rate by 25 basis points to 4.75 percent. Markets anticipated the central bank to hold the rate this time amid political unrest.
RTTNews | 22 मिनटों पहले
FTSE 100 Modestly Higher In Cautious Trade

FTSE 100 Modestly Higher In Cautious Trade

UK stocks are up in positive territory a little past noon on Wednesday with investors digesting the nation's inflation data and looking ahead to the Federal Reserve's rate decision, due on Wednesday, and the Bank of England's policy announcement due later today.
RTTNews | 33 मिनटों पहले
CAC 40 Modestly Lower In Cautious Trade

CAC 40 Modestly Lower In Cautious Trade

French stocks are down in negative territory Wednesday afternoon with investors making cautious moves, looking ahead to the Federal Reserve's monetary policy announcement, due later in the day.
RTTNews | 52 मिनटों पहले
DAX Pares Early Gains, Down Slightly

DAX Pares Early Gains, Down Slightly

After opening on a firm note and staying quite positive till around mid morning, the German market gave up gains and was down slightly a little past noon on Wednesday, as investors focus on the Federal Reserve's interest rate decision, due later in the day.
RTTNews | 1घंटे 9 मिनट पहले
Sensex, Nifty Extend Gains For Second Day

Sensex, Nifty Extend Gains For Second Day

Indian shares ended higher for a second consecutive session on Wednesday after India and the U.S. agreed to speed up talks on a bilateral trade.
RTTNews | 1घंटे 42 मिनट पहले
NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the European session on Wednesday.
RTTNews | 1घंटे 59 मिनट पहले