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Australia Unemployment Data Due On Thursday
(RTTNews) - Australia will on Thursday release October numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity.
The jobless rate is expected to dip to 4.4 percent from 4.5 percent in September, with the addition of 20.3K jobs following the increase of 14.9K a month earlier. The participation rate is seen steady at 67.0 percent.
Japan will provide October data for producer prices; in September, producer prices were up 0.3 percent on month and 2.7 percent on year.
New Zealand will see September figures for electronic card retail sales; in August, sales were down 0.5 percent on month and up 1.0 percent on year.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note on Thursday, tracking earnings updates, and commodity prices. The end to the U.S. government shutdown following President Donald Trump signing a short term bill is likely to aid sentiment.
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European Stocks Pare Early Gains As Markets Digest Earnings, Economic News
European stocks gave up early gains and are broadly lower Thursday afternoon as investors look ahead to some crucial economic data following the longest federal government shutdown in U.S. history coming to an end after President Donald Trump signed a funding package.
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Shares of Walt Disney Co. were losing around 4 percent in the pre-market activity on Thursday after the media and entertainment major reported nearly flat revenues in its fourth quarter below market estimates, even though profit beat the Street. Further, the firm said it expects double digit year-over-year growth in adjusted earnings per share for fiscal 2026 and 2027, and targets doubling share
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FTSE 100 Moderately Lower At Noon As Investors React To Earnings, GDP Data
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UK Economy Logs Marginal Growth
The UK economy logged only a marginal growth in third quarter as the cyber attack on Jaguar Land Rover hit production, official data revealed on Thursday. Gross domestic product grew 0.1 percent sequentially, following the prior quarter's 0.3 percent expansion, the Office for National Statistics reported Thursday. Output was expected to advance 0.2 percent.
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CAC 40 Rises 0.5%; Bank, Luxury Stocks Shine
France's CAC 40 rose to a record high Thursday morning as stocks climbed higher, reacting to U.S. President Donald Trump signing a bill to end the longest government shutdown in history. Expectations of an interest rate cut by the Federal Reserve next month contribute as well to market's positive move.
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DAX Retreats After Positive Start, Down Nearly 0.5%
German stocks are swinging between gains and losses in cautious trade on Thursday with investors digesting the news about U.S. President Donald Trump signing the short-term funding bill that brings an end to the government shutdown, and looking ahead to some key U.S. economic data.
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Eurozone Industrial Production Rises Less Than Forecast
Eurozone industrial production recovered at a moderate pace in September largely driven by the rebound in energy output, official data showed on Thursday. Industrial production grew at a slower-than-expected pace of 0.2 percent in September from August, Eurostat revealed. Output was forecast to grow 0.7 percent, reversing a 1.1 percent fall in August.
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