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European Economic News Preview: Germany PPI Data Due
(RTTNews) - Producer price data from Germany is the only major statistical report due on Friday, headlining a very light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices for April. Producer price inflation is seen easing to 4.0 percent from 7.5 percent in March.
At 4.00 am ET, Italy's statistical office ISTAT publishes construction output figures for March.
In the meantime, current account data is due from Bank of Greece.
At 6.00 am ET, consumer confidence data is due from Spain. The sentiment index is forecast to improve sharply to 78.9 in April from 67.4 in March.
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Lower Open Called For Taiwan Stock Market
The Taiwan stock market on Tuesday ended the two-day winning streak in which it had picked up almost 250 points or 1 percent. The Taiwan Stock Exchange now sits just above the 24,350-point plateau and it may be stuck in neutral in again on Wednesday.
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12 minut temu
Japan Has Y117.550 Billion Trade Deficit In July
Japan posted a merchandise trade deficit of 117.550 billion yen in July, the Ministry of Finance said on Wednesday.
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32 minut temu
Renewed Consolidation Likely For Singapore Shares
The Singapore stock market on Tuesday ended the three-day slide in which it had dropped more than 80 points or 1.9 percent. The Straits Times Index now sits just above the 4,215-point plateau although it figures to head south again on Wednesday.
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42 minut temu
Japan Core Machinery Orders Climb 3.0% In June
The value of core machinery orders in Japan was up a seasonally adjusted 3.0 percent on month in June, the Cabinet Office said on Wednesday - coming in at 941.2 billion yen.
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47 minut temu
Rally May Stall For Malaysia Stock Market
The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,590-point plateau although it may run out of steam on Wednesday.
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1g 12 minut temu
Japan Shares May Extend Tuesday's Losses
The Japan stock market on Tuesday ended the two-day winning streak in which it had surged more than 1,120 points or 2.8 percent. The Nikkei 225 now sits just beneath the 43,550-point plateau and the losses may accelerate on Wednesday.
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1g 27 minut temu
Tech Shares May Drag South Korea Lower On Wednesday
The South Korea stock market has moved lower in back-to-back sessions, sinking almost 75 points or 2.4 percent along the way. The KOSPI now sits just above the 3,150-point plateau and it may take further damage again on Wednesday.
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1g 42 minut temu
New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to trim its Official Cash Rate (OCR) by 25 basis points, to 3.00 percent from 3.25 percent.
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2g 42 minut temu
