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

RTTNews | Pred 81 dňami

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

(RTTNews) - Industrial production and foreign trade from the euro area and final inflation figures from Germany and France are the top economic news due on Friday.

At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer and harmonized prices and wholesale prices for May. The flash estimate showed that consumer price inflation remained unchanged at 2.1 percent.

At 2.45 am ET, final inflation figures are due from France. The statistical office is expected to confirm that the CPI inflation slowed to 0.7 percent in May from 0.8 percent in April.

At 3.00 am ET, Spain's INE releases final consumer prices for May. According to preliminary estimate, consumer price inflation was 1.9 percent, down from 2.2 percent in April.

At 4.00 am ET, Italy's ISTAT is slated to release foreign trade figures for April. The trade surplus is expected to fall to EUR 2.7 billion from EUR 3.66 billion in March.

At 5.00 am ET, Eurostat publishes euro area industrial production and foreign trade figures. Economists expect industrial output to fall 1.6 percent month-on-month in April, reversing a 2.6 percent rise in March. The trade surplus is seen at EUR 18.2 billion compared to EUR 36.8 billion in March.

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Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up almost 620 points or 2.4 percent. The Hang Seng Index now sits just shy of the 25,500-point plateau and it's expected to open in the red again on Wednesday.

RTTNews | Pred 10 minútami

Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.

RTTNews | Pred 11 minútami

China Shares May Take Further Damage On Wednesday

China Shares May Take Further Damage On Wednesday

The China stock market on Tuesday wrote a finish to the three-day winning streak in which it had improved more than 75 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,860-point plateau and the losses may accelerate on Wednesday.

RTTNews | Pred 25 minútami

Taiwan Bourse May Extend Losing Streak

Taiwan Bourse May Extend Losing Streak

The Taiwan stock market has finished lower in four straight sessions, slumping more than 500 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 24,000-point plateau and it may take further damage on Wednesday.

RTTNews | Pred 57 minútami

Singapore Shares: Resistance Expected At 4,300 Points

Singapore Shares: Resistance Expected At 4,300 Points

The Singapore stock market has moved higher in five straight sessions, collecting more than 50 points or 1.2 percent in that span. The Straits Times Index now sits just shy of the 4,300-point plateau, although it may run out of steam on Wednesday.

RTTNews | Pred 1 h 24 min

Malaysia Shares May See Renewed Consolidation On Wednesday

Malaysia Shares May See Renewed Consolidation On Wednesday

The Malaysia stock market on Tuesday snapped the two-day slide in which it had fallen more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau although it may head south again on Wednesday.

RTTNews | Pred 1 h 49 min

Japan Stock Market May Hand Back Tuesday's Gains

Japan Stock Market May Hand Back Tuesday's Gains

The Japanese stock market on Tuesday ended the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,310-point plateau although it may see renewed consolidation on Wednesday.

RTTNews | Pred 2 h 11 min

South Korea Shares May Head South Again On Wednesday

South Korea Shares May Head South Again On Wednesday

The South Korea stock market on Tuesday ended the two-day slide in which it had given up mor than 50 points or 1.6 percent. The KOSPI now rests just above the 3,170-point plateau although it's expected to turn lower again on Wednesday.

RTTNews | Pred 2 h 27 min

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