European Economic News Preview: France Industrial Output Data Due
(RTTNews) - Industrial production from France and unemployment from Spain are the only important economic data due on Friday.
At 2.45 am ET, France's statistical office Insee publishes industrial output for April. Production is expected to grow 0.3 percent on month, in contrast to the 1.1 percent decrease in March.
At 3.00 am ET, Spain's unemployment data is due. Economists forecast unemployment to fall 40,100 in May following a decrease of 73,900 in April.
In the meantime, final GDP data is due from Austria. The preliminary estimate showed that the economy shrank 0.3 percent sequentially after remaining flat a quarter ago.
At 4.00 am ET, unemployment data is due from Norway.
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Australian Market Significantly Lower
Extending the losses in the previous three sessions, the Australian stock market is significantly lower on Friday, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 7,700 level, with losses across most sectors led by mining and energy stocks amid tumbling commodity prices, and technology stocks.
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4g 47 minut temu
Lower Open Called For Thai Stock Market
The Thai stock market has moved lower in three straight sessions, slipping almost 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau and it's expected to in the red again on Friday.
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4g 47 minut temu
Hong Kong Shares Tipped To Open Under Pressure
The Hong Kong stock market has moved lower in three straight sessions, tumbling more than 770 points or 4.1 percent along the way. The Hang Seng Index now sits just beneath the 18,870-point plateau and it's looking at another soft start again on Friday.
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5g 2 minut temu
China Shares May Extend Thursday's Losses
The China stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had climbed more than 50 points or 1.8 percent. The Shanghai Composite Index now sits just above the 3,115-point plateau and it may take further damage on Friday.
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5g 17 minut temu
Win Streak May End For Taiwan Stock Market
The Taiwan stock market has moved higher in back-to-back sessions, rallying more than 370 points or 1.8 percent along the way. The Taiwan Stock Exchange now sits just above the 21,550-point plateau although the rally may stall on Friday.
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5g 47 minut temu
Renewed Selling Pressure Expected For Singapore Stock Market
The Singapore stock market rebounded on Thursday, one session after ending the three-day winning streak in which it had gathered almost 25 points or 0.6 percent. The Straits Times Index now rests just above the 3,320-point plateau although it may head south again on Friday.
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6g 17 minut temu
Malaysia Shares May Head South Again On Friday
The Malaysia stock market bounced higher again on Thursday, one session after ending the three-day winning streak in which it had advanced almost 25 points or 1.7 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,630-point plateau although it's likely to see renewed consolidation on Friday.
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6g 47 minut temu
KOSPI May Test Support At 2,700 Points
The South Korea stock market has moved lower in three straight sessions, slipping more than 20 points or 0.8 percent along the way. The KOSPI now sits just above the 2,720-point plateau and it may extend its losing streak on Friday.
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7g 17 minut temu
