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European Economic News Preview: Eurozone Unemployment Data Due
(RTTNews) - Unemployment from the euro area and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's labor agency publishes monthly unemployment data for February. The number of unemployed is expected to rise to 45,200 from 38,700 in the previous month.
At 4.00 am ET, Italy's statistical office ISTAT releases unemployment rate for January. Economists forecast the jobless rate to remain unchanged at 6.2 percent.
At 5.00 am ET, Eurozone unemployment data is due. The jobless rate is seen at 6.3 percent in January, unchanged from December.
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Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Tuesday, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving up to near the 37,800 level, with gains across all sectors led by index heavyweights and technology stocks.
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11 minutes ago
Indonesia Bourse Due For Profit Taking
The Indonesia stock market has finished higher in five straight sessions, improving more than 310 points or 4.5 percent in that span. The Jakarta Composite Index now rests just above the 7,140-point plateau although investors may lock in gains on Tuesday.
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19 minutes ago
Hong Kong Shares Due For Support On Tuesday
The Hong Kong stock market has moved lower in three straight sessions, dropping more than 300 points or 1.3 percent along the way. The Hang Seng Index now sits just above the 23,330-point plateau although it may halt its slide on Tuesday.
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34 minutes ago
Australian Market Significantly Higher
The Australian stock market is trading significantly higher on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains across most sectors led by technology, mining and financial stocks.
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49 minutes ago
Little Movement Seen For China Stock Market
The China stock market on Monday ended the two-day slide in which it had slipped more than 35 points or 1 percent. The Shanghai Composite Index now rests just above the 3,365-point plateau and it's likely to remain in that neighborhood again on Tuesday.
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49 minutes ago
Rebound Expected For Taiwan Stock Market
The Taiwan stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,520-point plateau although it figures to bounce higher again on Tuesday.
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1h 19min ago
Mild Upside Seen For Singapore Stock Market
The Singapore stock market on Monday snapped the two-day winning streak in which it had risen more than 25 points or 0.6 percent. The Straits Times Index now sits just above the 3,875-point plateau and it figures to remain rangebound again on Tuesday.
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1h 49min ago
Malaysia Stock Market May Tick Higher On Tuesday
The Malaysia stock market has ticked lower in three straight sessions, shedding more than 25 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,555-point plateau although it may find traction on Tuesday.
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2h 19min ago
