European Economics Preview: Germany Business Confidence, GDP Data Due

RTTNews | 1106 dni temu
European Economics Preview: Germany Business Confidence, GDP Data Due

(RTTNews) - Business confidence survey results and detailed quarterly national accounts from Germany are the major economic reports due on Thursday.

At 2.00 am ET, Destatis is slated to publish Germany's GDP data for the second quarter. According to flash estimate, the largest euro area economy had stagnated after expanding 0.8 percent in the first quarter.

At 2.45 am ET, France's Insee publishes business sentiment survey results for August. The business confidence index is seen at 104 versus 106 in July.

At 3.00 am ET, producer price data from Spain, manufacturing sentiment from Turkey and unemployment figures from Hungary are due.

At 4.00 am ET, Germany's Ifo business confidence survey data is due. Economists forecast the business climate index to drop to 86.8 in August from 88.6 in the previous month.

At 6.00 am ET, the Confederation of British Industry publishes Distributive Trades Survey results. The retail sales balance is seen at -7 in August versus -4 in July. At 7.30 am ET, the European Central Bank is scheduled to release the account of the monetary policy meeting of the Governing Council held on July 20 and 21.

read more
Australian Market Extends Early Strong Gains In Mid-market

Australian Market Extends Early Strong Gains In Mid-market

The Australian market is extending its early strong gains in mid-market moves on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
RTTNews | 47 minut temu
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, as traders remain optimistic that the US Fed will lower interest rates by at least a quarter point later this month after a report showed job openings in the U.S. fell to their lowest level in ten months in July. Asian markets closed mostly lower on Wednesday.
RTTNews | 1g 8 minut temu
Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Indian shares look set to open higher on Thursday after the Goods and Services Tax (GST) Council approved a new dual-slab structure of 5 percent and 18 percent, and scrapped the existing 12 percent and 28 percent rates, in a landmark move aimed at simplifying India's indirect tax regime.
RTTNews | 1g 52 minut temu
Thai Shares Tipped To Open In The Green On Thursday

Thai Shares Tipped To Open In The Green On Thursday

The Thai stock market has moved higher in three straight sessions, adding almost 24 points or 2 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,260-point plateau and it's got a positive lead again for Thursday's trade.
RTTNews | 2g 21 minut temu
Additional Support Predicted For Indonesia Stock Market

Additional Support Predicted For Indonesia Stock Market

The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 140 points or 1.8 percent along the way. The Jakarta Composite Index now rests just above the 7,885-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 2g 51 minut temu
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese market is trading significantly higher on Thursday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up 500 points to well above the 42,400 level, with gains across all sectors led by index heavyweights and technology stocks.
RTTNews | 2g 55 minut temu
Hong Kong Shares Poised To End Losing Streak

Hong Kong Shares Poised To End Losing Streak

The Hong Kong stock market has moved lower in two straight sessions, sinking more than 270 points or 1.1 percent in that span. The Hang Seng Index now sits just shy of the 25,350-point plateau although it may stop the bleeding on Thursday.
RTTNews | 3g 6 minut temu
Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, snapping a three-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
RTTNews | 3g 19 minut temu