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

RTTNews | 764 ngày trước
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
Eurozone Private Sector Growth At 1-Year High

Eurozone Private Sector Growth At 1-Year High

The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.
RTTNews | 1h 6phút trước
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.
RTTNews | 1h 27phút trước
FTSE Up Nearly 0.6%; Miners Among Top Gainers

FTSE Up Nearly 0.6%; Miners Among Top Gainers

The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.
RTTNews | 2h 15phút trước
CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%

CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%

French stocks are up firmly in positive territory on Wednesday, recovering strongly after suffering a setback in the previous session amid concerns over debt sustainability in major economies across Europe and Asia, and political uncertainty in France.
RTTNews | 2h 53phút trước
Sensex, Nifty End Higher After Choppy Trade

Sensex, Nifty End Higher After Choppy Trade

Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.
RTTNews | 3h 42phút trước
DAX Moderately Higher As Stocks Recover After Recent Tumble

DAX Moderately Higher As Stocks Recover After Recent Tumble

The German market is gaining some ground in positive territory on Wednesday, with several counters attracting buyers after suffering a sharp setback in the previous session amid uncertainty about prospects of growth in major economies in Europe.
RTTNews | 3h 46phút trước
European Shares Edge Higher After PMI Data

European Shares Edge Higher After PMI Data

European stocks traded higher on Wednesday as a selloff in longer-dated bonds appeared to stabilize, and a survey showed the euro zone economy continued its slow expansion in August despite a weakening in services sector growth.
RTTNews | 5h 2phút trước