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European Economics Preview: Germany Factory Orders Data Due
(RTTNews) - Factory orders and construction Purchasing Managers' survey results from Germany are the top economic news due on Tuesday.
At 2.00 am ET, Destatis is scheduled to issue Germany factory orders data for October. Economists forecast orders to grow 0.1 percent on month, in contrast to the 4.0 percent decrease in September.
At 3.00 am ET, the Czech Statistical Office is scheduled to issue retail sales for October. Sales had declined 5.6 percent annually in September.
Half an hour, S&P Global is scheduled to issue Germany's construction PMI data for November.
At 4.30 am ET, UK S&P/CIPS construction PMI data is for November. Economists forecast the index to fall to 52.0 from 53.2 in October.
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Singapore Bourse Due For Profit Taking On Friday
The Singapore stock market has climbed higher in four straight sessions, gathering more than 100 points or 2.4 percent along the way. The Straits Times Index now sits just beneath the 4,260-point plateau although investors may lock in gains on Friday.
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Japan Household Spending Slumps 5.2% In June
The average of household spending in Japan was down a seasonally adjusted 5.2 percent on month in June, the Ministry of Internal Affairs and Communications aid on Friday - coming in at 316,085 yen.
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Malaysia Stock Market May Be Stuck In Neutral On Friday
The Malaysia stock market has moved higher in three straight sessions, collecting more than 20 points or 1.5 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,550-point plateau although it's due for consolidation on Friday.
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Win Streak May End For Japan Stock Market
The Japan stock market has moved higher in three consecutive sessions, advancing more than 760 points or 1.9 percent along the way. The Nikkei 225 now sits just shy of the 41,060-point plateau although it may spin its wheels on Friday.
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South Korea Shares May Run Out Of Steam On Friday
The South Korea stock market has moved higher in four straight sessions, advancing almost 110 points or 3.6 percent along the way. The KOSPI now sits just above the 3,225-point plateau although the rally may stall on Friday.
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Japan Data On Tap For Friday
Japan will release a batch of data on Friday, headlining a modest day for Asia-Pacific economic activity. On tap are June figures for household spending and current account and July numbers for bank lending and the eco watchers survey.
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2h 10minuter sedan
U.S. Dollar Rises As Waller Emerges As Potential Fed Chair Successor
The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as Federal Reserve governor Christopher Waller emerged as a top candidate to replace Chair Jerome Powell.
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U.S. Wholesale Inventories Inch Up Less Than Expected In June
Wholesale inventories in the U.S. crept up by less than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after falling by 0.3 percent in May. Economists had expected wholesale inventories to rise by 0.2 percent, in line with the preliminary estimate.
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