European Economic News Preview: Eurozone Flash PMI Data Due

RTTNews | 566 days ago
Stocktwits
European Economic News Preview: Eurozone Flash PMI Data Due

(RTTNews) - Flash Purchasing Managers' survey results from euro area and the UK are due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, Statistics Norway releases GDP data for the third quarter. The economy is forecast to grow 0.3 percent sequentially after staying flat in the second quarter.

At 2.45 am ET, France's statistical office INSEE is scheduled to issue business sentiment survey results. The business confidence index is seen unchanged at 98.0 in November.

At 3.15 am ET, S&P Global publishes France's flash composite PMI survey data for November. Economists expect the composite indicator to rise to 45.0 from 44.6 in the previous month.

At 3.30 am ET, flash composite PMI survey results are due from Germany. The composite indicator is forecast to rise to 46.5 in November from 45.9 in October.

In the meantime, Sweden's central bank announces its monetary policy decision. The bank is widely expected to hike the benchmark rate by 25 basis points to 4.25 percent.

At 4.00 am ET, Eurozone flash composite PMI survey data is due. Economists forecast the composite output index to improve to 46.9 in November from 46.5 a month ago.

Half an hour later, S&P Global releases UK's flash composite PMI data for November. The composite indicator is seen unchanged at 48.7.

At 7.30 am ET, the European Central Bank is set to publish the account of the monetary policy meeting of the Governing Council held on October 25 and 26.

Stocktwits
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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 | 3h 34min ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

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RTTNews | 4h 36min ago
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 | 5h 0min ago
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 | 5h 29min ago
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 | 6h 0min ago
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 | 6h 26min ago
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 | 6h 30min ago
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