European Economic News Preview: UK Mortgage Approvals, Factory PMI Due

RTTNews | vor 119 Tagen
European Economic News Preview: UK Mortgage Approvals, Factory PMI Due

(RTTNews) - Mortgage approvals and final manufacturing Purchasing Managers' survey results from the UK are the major reports due on Thursday, while most of the European markets are closed for the Labor day holiday.

At 2.30 am ET, Switzerland's Federal Statistical Office releases retail sales data for March. Sales are forecast o grow 1.9 percent on a yearly basis, following a 1.6 percent rise in February.

At 4.30 am ET, the Bank of England publishes mortgage approvals data. The number of mortgages approved in March is seen at 64,000 compared to 65,480 in February.

In the meantime, S&P Global is scheduled to issue the UK final factory PMI data. The flash estimate showed that the manufacturing PMI dropped to 44.0 in April from 45.3 in March.

read more
Malaysia Shares Tipped To Remain Rangebound On Friday

Malaysia Shares Tipped To Remain Rangebound On Friday

The Malaysia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it may tick higher again on Friday.
RTTNews | vor 16 Minuten
Japan Stock Market May Extend Winning Streak

Japan Stock Market May Extend Winning Streak

The Japan stock market has moved higher in back-to-back sessions, collecting more than 430 points or 1 percent along the way. The Nikkei 225 now rests just beneath the 42,830-point plateau and it may add to its winnings on Friday.
RTTNews | vor 31 Minuten
KOSPI May Break Through 3,200-Point Level

KOSPI May Break Through 3,200-Point Level

The South Korea stock market has climbed higher in two straight sessions, advancing almost 20 points or 0.6 percent in that span. The KOSPI now sits just shy of the 3,200-point plateau and it may open to the upside again on Friday.
RTTNews | vor 46 Minuten
Japan Data On Tap For Friday

Japan Data On Tap For Friday

Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, housing starts and construction orders, as well as August data for household confidence and Tokyo inflation.
RTTNews | vor 1Std 46 Minuten
Euro Climbs Against Majors

Euro Climbs Against Majors

The euro firmed against its major counterparts in the New York session on Thursday.
RTTNews | vor 2Std 17 Minuten
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | vor 5Std 55 Minuten