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European Economic News Preview: Germany Ifo Business Confidence Data Due
(RTTNews) - Business sentiment survey data from Germany and monetary aggregates from the euro area are the top economic news due on Wednesday.
At 3.00 am ET, Spain's statistical office INE releases producer prices for September. Prices had declined 10.0 percent annually in August.
At 4.00 am ET, the ifo Institute publishes Germany's business confidence survey data. The business sentiment index is seen at 85.9 in October, up from 85.7 in the prior month.
Also, the European Central Bank is slated to release euro area monetary aggregates for September. M3 is forecast to fall 1.7 percent annually, following a 1.3 percent drop in August. In the meantime, the State Secretariat for Economic Affairs publishes Swiss economic forecast.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious amid the lack of concrete progress toward a broader trade agreement between the US and its trading partners, despite reaching temporary deals with some. The ongoing uncertainty surrounding the US-China trade relations continued to weigh on market sentiment.
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19 นาทีที่ผ่านมา
Sensex, Nifty Seen Opening On Cautious Note
Indian shares may open on a flat note Wednesday as investors weigh global uncertainties and await cues from Nvidia's earnings results and the release of minutes from the Federal Reserve May meeting.
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1 ชม. 1 นาทีที่ผ่านมา
Rebound Predicted For Thai Stock Market
The Thai stock market on Tuesday snapped the two-day winning streak in which it had gained more than 5 points or 0.5 percent. The Stock Exchange of Thailand now rests just above the 1,160-point plateau, although it's likely to open to the upside on Wednesday.
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1 ชม. 33 นาทีที่ผ่านมา
Indonesia Stock Market Poised To Open To The Upside
The Indonesia stock market bounced higher again on Tuesday, one day after ending the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it may extend its gains on Wednesday.
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2 ชม. 3 นาทีที่ผ่านมา
Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,000 mark, with gains across most sectors led by index heavyweights and technology stocks.
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2 ชม. 4 นาทีที่ผ่านมา
Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,380-point plateau and it has a solid lead again for Wednesday's trade.
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2 ชม. 18 นาทีที่ผ่านมา
China Stock Market Due For Support On Wednesday
The China stock market has finished lower in four straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,340-point plateau although it may stop the bleeding on Wednesday.
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2 ชม. 33 นาทีที่ผ่านมา
Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving to near the 8,450 level, following the broadly positive cues from Wall Street overnight, with gains in energy and technology stocks and a mixed performance in mining and financial stocks.
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2 ชม. 34 นาทีที่ผ่านมา
