European Economic News Preview: Eurozone Final Factory PMI, Unemployment Data Due

RTTNews | 765 gün önce
European Economic News Preview: Eurozone Final Factory PMI, Unemployment Data Due

(RTTNews) - Final manufacturing Purchasing Managers' survey results and unemployment data from the euro area are due on Tuesday.

At 2.00 am ET, the UK Nationwide house price data is due. Economists forecast house prices to fall 3.8 percent annually in July, after a 3.5 percent decrease in June.

At 3.00 am ET, manufacturing PMI survey results are due from Poland.

At 3.15 am ET, S&P Global releases Spain's manufacturing PMI survey results. The index is forecast to rise to 48.3 in July from 48.0 in June.

At 3.45 am ET, Italy manufacturing PMI survey data is due. Economists forecast the index to climb to 44.2 in July from 43.8 in June.

At 3.50 am ET, final PMI survey data is due from France. The final PMI reading is seen at 44.5 in July, unchanged from flash estimate.

At 3.55 am ET, the Federal Labor Agency publishes Germany's unemployment data for July. The jobless rate is seen unchanged at 5.7 percent. Also, Germany's final PMI survey data is due. The PMI is expected to match the flash score of 38.8 in July.

At 4.00 am ET, S&P Global is scheduled to issue euro area final manufacturing PMI survey results. The index is forecast to fall to 42.7 in July, in line with flash estimate, from 43.4 in June.

In the meantime, Italy's ISTAT is set to release unemployment data for June. The jobless rate is seen rising to 7.7 percent in June from 7.6 percent in May.

At 4.30 am ET, S&P Global releases UK final manufacturing PMI survey data. The flash estimate showed that the index dropped to 45.0 in July from 46.5 in June.

At 5.00 am ET, Eurostat is scheduled to issue euro area unemployment data for June. The jobless rate is forecast to remain unchanged at 6.5 percent.

read more
DAX Up 0.32% Despite Coming Off Day's High

DAX Up 0.32% Despite Coming Off Day's High

The German market is up firmly in positive territory on Thursday, extending gains from the previous session, amid expectations the Federal Reserve will announce an interest rate cut after its monetary policy meeting next week.
RTTNews | 19 dakika önce
Eurozone Retail Sales Fall More Than Forecast

Eurozone Retail Sales Fall More Than Forecast

Eurozone retail sales declined more than expected in July largely reflecting a notable fall in food and auto fuel sales, official data showed Thursday. Retail sales posted a monthly fall of 0.5 percent, in contrast to the 0.6 percent increase in June, Eurostat reported. Sales were expected to fall 0.3 percent.
RTTNews | 36 dakika önce
UK Construction Sector Continues To Shrink

UK Construction Sector Continues To Shrink

The UK construction sector contracted for the eighth consecutive month in August due to marked reductions in the housing and civil engineering works, survey data published by S&P Global showed on Thursday. The construction Purchasing Managers' Index posted 45.5 in August, up from 44.3 in July. However, the score remained well below the 50.0 mark indicating sharp fall in construction output.
RTTNews | 56 dakika önce
European Shares Mostly Higher Before Debt Sales

European Shares Mostly Higher Before Debt Sales

European stocks were mostly higher on Thursday as bond market worries subsided, and investors awaited Eurozone retail sales data as well as debt auctions in France and the United Kingdom for direction.
RTTNews | 1s 24 dakika önce
Asian Shares Mostly Higher; China And Hong Kong Markets Buck Trend

Asian Shares Mostly Higher; China And Hong Kong Markets Buck Trend

Asian stocks rose broadly on Thursday, even as Chinese and Hong Kong markets ended sharply lower following reports that China's financial regulators are considering a number of cooling measures for the stock market, including lifting certain short selling restrictions, increasing checks on speculative trades, and discouraging heavy retail participation.
RTTNews | 1s 44 dakika önce
German Construction Sector Downturn Deepens

German Construction Sector Downturn Deepens

Germany's construction sector shrank further in August largely due to the steep fall in new orders, survey results from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index fell to 46.0 in August from July's 29-month high of 46.3.
RTTNews | 2s 8 dakika önce
Australia Trade Surplus At 17-Month High; Household Spending Growth Rises

Australia Trade Surplus At 17-Month High; Household Spending Growth Rises

Australia's trade surplus surged to the highest level in more than a year in July and household spending growth accelerated for the third straight month in July, official data showed on Thursday. The trade surplus increased unexpectedly to A$7.3 billion in July from A$5.4 billion in June, the Australian Bureau of Statistics said.
RTTNews | 3s 7 dakika önce