European Economic News Preview: Germany Revised GDP Data Due

RTTNews | 796天前
European Economic News Preview: Germany Revised GDP Data Due

(RTTNews) - Revised quarterly national accounts from Germany and business confidence from France are the only major economic reports due on Thursday.

At 2.00 am ET, Destatis is scheduled to issue Germany's revised GDP data for the first quarter. The initial estimate showed that the largest euro area economy stagnated after shrinking 0.5 percent in the fourth quarter.

In the meantime, the market research group Gfk is scheduled to issue Germany's consumer sentiment survey results. The forward-looking consumer confidence index is forecast to rise to -24.0 in June from -25.7 in May.

Also, unemployment and loan growth figures are due from Norway. At 2.45 am ET, France's statistical office INSEE publishes business sentiment survey data. The business confidence index is expected to remain unchanged at 101 in May.

At 3.00 am ET, Spain's statistical office INE releases producer prices for April.

At 6.00 am ET, the Confederation of British Industry is scheduled to release Distributive Trades survey results for May. The UK retail sales balance is forecast to rise to 10 percent from 5 percent in April.

read more
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming is early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,700 level, with weakness in financial and technology stocks partially offset by some gains in energy stocks.
RTTNews | 10分钟前
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the U.S. interest rate decision later in the week and as they await the outcome of the U.S.-China trade talks. Meanwhile, several European leaders voiced concerns over the EU-U.S. trade deal, calling it 'lopsided' and 'unsustainable'.
RTTNews | 16分钟前
Thai Shares Likely To Remain Rangebound

Thai Shares Likely To Remain Rangebound

Ahead of Monday's holiday for King Maha's birthday, the Thai stock market had alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's expected to remain in that neighborhood again on Tuesday.
RTTNews | 1小时33分钟前
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling well above the 39,700 level, with weakness across all sectors led by automakers, exporters and financial stocks.
RTTNews | 2小时2分钟前
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in four straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,610-point plateau although investors are likely to cash in on Tuesday.
RTTNews | 2小时3分钟前
Hong Kong Shares Tipped To Open Under Pressure

Hong Kong Shares Tipped To Open Under Pressure

The Hong Kong stock market rebounded on Monday, one session after ending the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just above the 25,560-point plateau although it may hand back those gains on Tuesday.
RTTNews | 2小时18分钟前
China Shares May Head South Again On Tuesday

China Shares May Head South Again On Tuesday

The China stock market moved back to the upside again on Monday, one session after halting the six-day winning streak in which it had advanced more than 100 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,600-point plateau although it may spin its wheels again on Tuesday.
RTTNews | 2小时33分钟前