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Japan Manufacturing PMI Data Due On Wednesday
(RTTNews) - Japan will on Wednesday release December results for the manufacturing PMI from Jibun Bank, highlighting a light day for Asia-Pacific economic activity. The PMI is expected to show a score of 48.8, down slightly from 49.0 in November.
Hong Kong will see November numbers for retail sales; in October, sales were up 3.9 percent on year.
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Sensex, Nifty End Off Day's Highs
Indian shares ended Thursday's session on a positive note as global bond market worries subsided, oil extended steep overnight losses on oversupply concerns, and weak U.S. labor market data reinforced bets on a Federal Reserve interest-rate cut.
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17 minutes ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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28 minutes ago
DAX Up 0.32% Despite Coming Off Day's High
The German market is up firmly in positive territory on Thursday, extending gains from the previous session, amid expectations the Federal Reserve will announce an interest rate cut after its monetary policy meeting next week.
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44 minutes ago
Eurozone Retail Sales Fall More Than Forecast
Eurozone retail sales declined more than expected in July largely reflecting a notable fall in food and auto fuel sales, official data showed Thursday. Retail sales posted a monthly fall of 0.5 percent, in contrast to the 0.6 percent increase in June, Eurostat reported. Sales were expected to fall 0.3 percent.
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1h 2min ago
UK Construction Sector Continues To Shrink
The UK construction sector contracted for the eighth consecutive month in August due to marked reductions in the housing and civil engineering works, survey data published by S&P Global showed on Thursday. The construction Purchasing Managers' Index posted 45.5 in August, up from 44.3 in July. However, the score remained well below the 50.0 mark indicating sharp fall in construction output.
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1h 21min ago
European Shares Mostly Higher Before Debt Sales
European stocks were mostly higher on Thursday as bond market worries subsided, and investors awaited Eurozone retail sales data as well as debt auctions in France and the United Kingdom for direction.
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1h 49min ago
Asian Shares Mostly Higher; China And Hong Kong Markets Buck Trend
Asian stocks rose broadly on Thursday, even as Chinese and Hong Kong markets ended sharply lower following reports that China's financial regulators are considering a number of cooling measures for the stock market, including lifting certain short selling restrictions, increasing checks on speculative trades, and discouraging heavy retail participation.
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2h 9min ago
German Construction Sector Downturn Deepens
Germany's construction sector shrank further in August largely due to the steep fall in new orders, survey results from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index fell to 46.0 in August from July's 29-month high of 46.3.
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2h 33min ago
