European Economic News Preview: Eurozone Final PMI Data Due

RTTNews | 684 일 전
European Economic News Preview: Eurozone Final PMI Data Due

(RTTNews) - Final composite and services Purchasing Managers' survey results from the euro area and other major European economic news are due on Wednesday.

At 2.45 am ET, France's statistical office INSEE publishes industrial production for May. Economists forecast industrial output to fall 0.2 percent on month, in contrast to the 0.8 percent increase in April.

At 3.00 am ET, Spain's INE is set to issue industrial output for May. Production is forecast to drop 0.5 percent annually, following a 0.9 percent drop in April.

At 3.15 am ET, Spain's composite PMI survey results are due. The services index is seen falling to 55.5 in June from 56.7 in the previous month.

At 3.45 am ET, S&P Global publishes Italy's PMI data. The services PMI is expected to drop to 53.0 in June from 54.0 a month ago. Thereafter, final PMI survey results are due from France and Germany at 3.50 am ET and 3.55 am ET, respectively.

At 4.00 am ET, S&P Global releases euro area final PMI survey data for June. Final data is expected to confirm the flash composite index score at 50.3.

Half an hour later, UK S&P/CIPS final services PMI data is due. The final services PMI is seen at 53.7 in June, unchanged from the flash estimate.

At 5.00 am ET, Eurostat publishes euro area producer prices for May. Economists expect the producer price index to fall 1.3 percent annually after rising 1.0 percent in April.

read more
Thai Downgrades GDP Growth Outlook

Thai Downgrades GDP Growth Outlook

Thailand's economy is projected to expand less than the previous estimate this year as trade tariffs are likely to dampen exports in the second half of the year, the National Economic and Social Development Council said Monday. Southeast Asia's second largest economy is forecast to grow in the range of 1.3 percent to 2.3 percent this year. This was down from the previous outlook of 2.3 percent-
RTTNews | 22 분 전
Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products

Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products

Hayward, California-based Fijian Import & Export Co. Inc. is recalling around 127 pounds of ready-to-eat meat pie products from Australia that were not presented for import reinspection upon entry into the United States, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The recall involves 5.6-oz. plastic packages...
RTTNews | 1 시간 14 분 전
Australian Market Halves Early Losses In Mid-market

Australian Market Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.
RTTNews | 2 시간 53 분 전
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Monday, following the positive cues from Wall Street on Friday, as traders react to surprise downgrade of the US government's credit rating by one notch to Aa1 by Moody's Ratings, being the last of the three major credit rating agencies to downgrade it. They also react to China announcing anti-dumping duties on plastics from the U.S., EU, Japan and Taiwan.
RTTNews | 3 시간 9 분 전
Sensex, Nifty Seen Lower On US Debt Concerns

Sensex, Nifty Seen Lower On US Debt Concerns

Indian shares look set to open lower on Monday as investors fret about the changing geo-political landscape in India's neighborhood as a new bonhomie between Bangladesh, China and Pakistan takes shape silently.
RTTNews | 3 시간 40 분 전
Thai Bourse May Reclaim 1,200-Point Plateau

Thai Bourse May Reclaim 1,200-Point Plateau

The Thai stock market has alternated between positive and negative finishes through the last eight trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,195-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 4 시간 21 분 전