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European Economics Preview: Eurozone Foreign Trade Data Due
(RTTNews) - Foreign trade data from the euro area is due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, the European Automobile Manufacturers' Association is slated to issue Europe new car registrations data for June. Sales had declined 11.2 percent annually in May.
At 4.00 am ET, Italy's Istat releases final consumer and harmonized prices for June. Consumer price inflation is forecast to rise to 8.0 percent in June, as initially estimated, from 6.8 percent in May.
At 5.00 am ET, Eurostat is scheduled to publish Eurozone foreign trade data for May. The deficit had totaled EUR 32.4 billion in April.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid easing trade war tensions after leaders of the U.S. and China agreed to further talks aimed at reaching a deal. Slightly stronger than expected U.S. job growth in May also helped offset concerns about the strength of the economy following some recent downbeat data.
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33 minutes ago
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 38,100 level, with gains across most sectors led by index heavyweights and financial stocks.
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1h 9min ago
Sensex, Nifty Set For Positive Start
Indian shares look set to open on a positive note Monday, tracking mostly positive cues from global markets. That said, volatility cannot be ruled out, heading into a data-heavy week both domestically and globally.
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1h 16min ago
China Consumer Prices Slip 0.1% On Year In May
China's overall inflation was down 0.1 percent on year in May, the National Bureau of Statistics said on Monday.
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1h 47min ago
Thai Stock Market May Reverse Friday's Losses
The Thai stock market headed south again on Friday, one session after ending the two-day slide in which it had slumped more than 30 points or 2.4 percent. The Stock Exchange of Thailand now rests just above the 1,135-point plateau although it figures to bounce higher again on Monday.
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2h 22min ago
Rebound Anticipated For Hong Kong Stock Market
The Hong Kong stock market on Friday ended the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 23,790-point plateau although it's likely to find renewed support on Monday.
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2h 37min ago
Win Streak May Continue For China Stock Market
The China stock market has finished higher in four straight sessions, advancing more than 35 points or 1.1 percent along the way. The Shanghai Composite Index now sits just above the 3,385-point plateau and it may add to its winnings again on Monday.
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2h 52min ago
Taiwan Shares Tipped To Open To The Upside On Monday
The Taiwan stock market on Friday halted the three-day winning streak in which it had jumped almost 680 points or 3.2 percent. The Taiwan Stock Exchange now sits just above the 21,660-point plateau although it's likely to find renewed support on Monday.
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3h 22min ago
