European Economic News Preview: Germany Industrial Output Data Due

RTTNews | 525 days ago
Stocktwits
European Economic News Preview: Germany Industrial Output Data Due

(RTTNews) - Industrial production from Germany and house prices from the UK are the top economic news due on Thursday.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production data for October. Output is expected to grow 0.2 percent on month, in contrast to the 1.4 percent fall in September.

In the meantime, UK Halifax house price data is due. Economists expect house prices to rise 0.3 percent on a monthly basis, following a 1.1 percent gain in October.

At 2.45 am ET, foreign trade and current account figures are due from France. The trade deficit is forecast to narrow to EUR 8.5 billion in October from EUR 8.9 billion in September.

At 3.00 am ET, the Czech industrial production and foreign trade figures are due. Economists forecast output to decline 0.2 percent annually after a 5.0 percent fall in September.

At 5.00 am ET, Eurostat publishes euro area GDP data for the third quarter. The previous estimate showed that gross domestic product shrunk 0.1 percent sequentially after the 0.2 percent expansion. In the meantime, retail sales data is due from Italy. Sales are forecast to rise 0.1 percent on month in October, in contrast to the 0.3 percent decrease in September.

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Oversold Hang Seng Nonetheless Called Higher Again

Oversold Hang Seng Nonetheless Called Higher Again

The Hong Kong stock market bounced higher again on Wednesday, one day after snapping the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,640-point plateau although it may tick higher again on Thursday.
RTTNews | 20 minutes ago
Australian Market Slightly Lower

Australian Market Slightly Lower

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RTTNews | 35 minutes ago
Taiwan Shares Expected To Open In The Green

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RTTNews | 1h 5min ago
Rebound Anticipated For Singapore Shares

Rebound Anticipated For Singapore Shares

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RTTNews | 1h 35min ago
Malaysia Bourse May See Additional Support

Malaysia Bourse May See Additional Support

The Malaysia stock market has moved higher in three straight sessions, advancing more than 40 points or 2.7 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may extend its gains again on Thursday.
RTTNews | 2h 5min ago
Mild Rebound Tipped For Japan Stock Market

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The Japanese stock market on Wednesday wrote a finish to the four-day winning streak in which it had surged more than 1,400 points or 3.7 percent. The Nikkei 225 now sits just beneath the 38,130-point plateau although it may tick to the upside again on Thursday.
RTTNews | 2h 20min ago
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has finished higher in three straight sessions, collecting more than 60 points or 2.4 percent in that span. The KOSPI now sits just above the 2,640-point plateau and it's tipped to open to the upside again on Thursday.
RTTNews | 2h 35min ago
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