European Economic News Preview: Eurozone GDP, Industrial Output Data Due

RTTNews | Pred 301 dňami
European Economic News Preview: Eurozone GDP, Industrial Output Data Due

(RTTNews) - Flash GDP and industrial production from the euro area and the account of the monetary policy meeting from the European Central Bank are the top economic news due on Thursday. At 3.00 am ET, Spain's INE is scheduled to issue final inflation data for October. The flash estimate showed that consumer price inflation rose to 1.8 percent from 1.5 percent in the previous month.

At 5.00 am ET, Eurostat is set to publish euro area flash GDP estimate and industrial production figures. The preliminary flash estimate showed that the Eurozone GDP grew 0.4 percent sequentially in the third quarter after rising 0.2 percent in the second quarter. The statistical office is expected to confirm the estimate published on October 30.

Eurozone industrial output is forecast to fall 1.3 percent on month in September, in contrast to the 1.8 percent increase in August.

At 7.30 am ET, the European Central Bank publishes the account of the monetary policy meeting of the Governing Council held on October 16 and 17. At the meeting, the bank had reduced the key interest rates by 25 basis points.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, on increasing optimism the US Fed will lower interest rates a couple of times this year after report showed softer-than-expected US producer price figures, while traders await US consumer inflation data later in the day. Asian markets closed mostly higher on Wednesday.
RTTNews | Pred 37 minútami
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Thursday after reports emerged that the sixth round of talks over an India-United States trade agreement will take place shortly.
RTTNews | Pred 58 minútami
Soft Start Expected For Thai Stock Market

Soft Start Expected For Thai Stock Market

The Thai stock market has moved higher in four straight sessions, adding more than 25 points or 2.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,280-point plateau although it's likely to open to the downside on Thursday.
RTTNews | Pred 1 h 34 min
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese market is trading significantly higher on Thursday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,200 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers and financial stocks.
RTTNews | Pred 1 h 51 min
Little Movement Seen For Indonesia Stock Market

Little Movement Seen For Indonesia Stock Market

The Indonesia stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 260 points or 3.6 percent. The Jakarta Composite Index now rests just beneath the 7,700-point plateau and it's likely to remain in that neighborhood again on Thursday.
RTTNews | Pred 2 h 4 min
Win Streak May End For Hong Kong Stock Market

Win Streak May End For Hong Kong Stock Market

The Hong Kong stock market has moved higher in four straight sessions, climbing almost 1,250 points or 4.9 percent along the way. The Hang Seng Index now sits just above the 26,200-point plateau although it may run out of steam on Thursday.
RTTNews | Pred 2 h 19 min
China Stock Market May Spin Its Wheels On Thursday

China Stock Market May Spin Its Wheels On Thursday

The China stock market ticked higher again on Wednesday, one day after ending the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may hand back those gains on Thursday.
RTTNews | Pred 2 h 34 min
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to be a tad above the 8,800 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | Pred 2 h 35 min