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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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Winning Streak May End For Thai Shares
The Thai stock market has tracked higher in two straight sessions, gathering more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau although it may be stuck in neutral on Friday.
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Japanese Market Modestly Lower
Snapping a three-session winning streak, the Japanese market is modestly lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,700 level, with weakness in technology stocks partially offset by gains in exporters and financial stocks.
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Lower Open Called For Indonesia Stock Market
The Indonesia stock market on Thursday snapped the two-day winning streak in which it had advanced more than 85 points or 1.1 percent. The Jakarta Composite Index sits just above the 8,040-point plateau and it may spin its wheels again on Friday.
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Hong Kong Shares May Open In The Red On Friday
The Hong Kong stock market turned lower again on Thursday, one day after ending the two-day slide in which it had slumped almost 400 points or 1.7 percent. The Hang Seng Index now sits just above the 26,480-point plateau and it's likely to extend those losses on Friday.
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Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Friday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,750 level, with weakness in gold miner, financial and technology stocks partially offset by gains in iron miner stocks.
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China Stock Market May Remain Stuck In Neutral On Friday
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had dropped more than 55 points or 1.5 percent. The Shanghai Composite Index now rests just above the 3,850-point plateau although it's likely to open in the red on Friday.
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Taiwan Bourse May Give Up Support At 26,000 Points
The Taiwan stock market has finished lower in back-to-back sessions, sinking more than 220 points or 0.8 percent in that span. The Taiwan Stock Exchange now sits just above the 26,000-point plateau and it's looking at another soft start again on Friday.
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Soft Start Anticipated For Singapore Stock Market
The Singapore stock market has finished lower in consecutive trading days, giving up almost 30 points or 0.8 percent in that span. The Straits Times Index now sits just above the 4,270-point plateau and it may open under pressure again on Friday.
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