European Economic News Preview: German Factory Orders Data Due

RTTNews | 1天前
European Economic News Preview: German Factory Orders Data Due

(RTTNews) - Factory orders from Germany and final purchasing managers' survey results from the euro area are due on Wednesday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data. Orders are forecast to grow 0.9 percent on a monthly basis in September, a turnaround from the 0.8 percent drop in August.

At 2.45 am ET, France's statistical office INSEE releases industrial production for September. Economists expect output to climb 0.1 percent, reversing a 0.7 percent fall in August.

At 3.00 am ET, the Czech Statistical Office is slated to release consumer prices for October. Inflation is seen unchanged at 2.3 percent.

At 3.15 m ET, S&P Global releases Spain's services and composite PMI data. The index is forecast to rise to 54.8 in October from 54.3 in the previous month.

At 3.30 am ET, Sweden's central bank announces its monetary policy decision. The bank is likely to keep its key policy rate unchanged at 1.75 percent.

At 3.45 am ET, Italy's services and composite PMI survey data is due. The services indicator is expected to improve to 53.0 in October from 52.5 in September.

At 3.50 am ET, S&P Global publishes France's final composite PMI data. The final composite output index is expected to match the flash estimate of 46.8.

At 3.55 am ET, Germany's final composite PMI survey results are due. The final reading is forecast to rise to 53.8 in October from 52.0 in September.

The Eurozone's final HCOB composite output index is scheduled for 4.00 AM ET. The flash estimate showed that the index rose to 52.2 in October from 51.2 in September.

Half an hour later, S&P Global releases UK composite PMI data. The composite output index is expected to rise to 51.1 in October, as estimated, from 50.1 in September.

At 5.00 am ET, Eurostat releases euro area producer prices for September. Producer prices are expected to fall 0.2 percent annually, following a 0.6 percent drop in August.

read more
European Economic News Preview: Bank Of England Set To Hold Rates

European Economic News Preview: Bank Of England Set To Hold Rates

The Bank of England is expected to hold its benchmark rate on Thursday as policymakers await the Autumn Budget announcement. Markets widely expect the BoE to maintain the bank rate at 4.00 percent in a split vote. The current rate is the lowest since early 2023. The policy decision is due at 7.00 am ET.
RTTNews | 2小時34分鐘前
European Shares Set For A Firm Start

European Shares Set For A Firm Start

European stocks are seen opening broadly higher on Thursday as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | 3小時29分鐘前
Sensex, Nifty Open Higher On Firm Global Cues

Sensex, Nifty Open Higher On Firm Global Cues

Indian shares opened a tad higher on Thursday, mirroring mostly positive cues from global markets as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | 4小時28分鐘前
Australian Market Halves Its Early Gains In Mid-market

Australian Market Halves Its Early Gains In Mid-market

The Australian market is halving its early gains in mid-market moves on Thursday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains across most sectors led by mining and energy stocks amid rebounding commodity prices.
RTTNews | 5小時44分鐘前
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as some traders looked to pick up stocks at reduced levels following the recent sell-off. Traders also react to upbeat private US economic data and growing expectations that the US Supreme Court may reject the Trump administration's aggressive trade policy.
RTTNews | 6小時11分鐘前
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese market is sharply higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up almost 2 percent to above the 50,900 level, with gains across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | 6小時35分鐘前