European Economic News Preview: UK Unemployment Data Due

RTTNews | 850 days ago
European Economic News Preview: UK Unemployment Data Due

(RTTNews) - Unemployment from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK unemployment data for February. The jobless rate is seen unchanged at 3.7 percent in three months to February.

At 4.00 am ET, Italy's Istat publishes foreign trade data for February. The trade deficit is seen narrowing to EUR 3.23 billion from EUR 4.2 billion in January.

At 5.00 am ET, Germany's ZEW economic confidence survey results. The economic confidence index is forecast to rise to 15.3 in April from 13.0 in March.

In the meantime, Eurozone foreign trade data is due for February. The trade deficit totaled EUR 30.6 billion in January.

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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, adding the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains across most sectors led by energy and technology stocks.
RTTNews | 1h 0min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as hotter-than expected US producer price inflation data and a resilient US labor market softened expectations of a higher interest rate cut by the US Fed in September. Traders also remain cautious ahead of the crucial U.S.-Russia talks to end the ongoing three-plus-year Russia-Ukraine war.
RTTNews | 1h 35min ago
Lower Open Predicted For Thai Stock Market

Lower Open Predicted For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,265-point plateau and it figures to remain rangebound again on Friday.
RTTNews | 2h 22min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

Reversing the losses in the previous session, the Japanese market is notably higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,800 level, with gains in index heavyweights and financial stocks as well as a mixed performance in all other sectors.
RTTNews | 2h 38min ago
Indonesia Bourse Due For Consolidation On Friday

Indonesia Bourse Due For Consolidation On Friday

The Indonesia stock market has tracked higher in five straight sessions, improving more than 440 points or 5.8 percent along the way. The Jakarta Composite Index now sits just above the 7,930-point plateau although investors figure to lock in gains on Friday.
RTTNews | 2h 52min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,900 level, with gains across most sectors led by energy and technology stocks.
RTTNews | 3h 2min ago
Hong Kong Shares Tipped To Open In The Red

Hong Kong Shares Tipped To Open In The Red

The Hong Kong stock market on Thursday ended the three-day winning streak in which it had climbed more than 750 points or 3 percent. The Hang Seng Index now rests just beneath the 25,520-point plateau and it may see continued consolidation on Friday.
RTTNews | 3h 7min ago