European Economic News Preview: Eurozone GDP Data Due

RTTNews | hace 187
European Economic News Preview: Eurozone GDP Data Due

(RTTNews) - Flash GDP estimate from the euro area is the top economic news due on Wednesday, headlining a light day for the European economic news.

At 2.45 am ET, France's statistical office INSEE is set to publish final inflation figures for April. Consumer price inflation is seen at 2.2 percent, unchanged from the flash estimate.

At 4.00 am ET, preliminary GDP figures are due from Poland. The economy is forecast to expand 0.7 percent sequentially in the first quarter after staying flat in the preceding period.

At 5.00 am ET, Eurostat publishes euro area flash GDP estimate and industrial production figures. The initial estimate showed that the economy expanded 0.3 percent on quarter, in contrast to the 0.1 percent decline in the fourth quarter. Industrial output is expected to fall 0.3 percent on month in March, reversing a 0.8 percent rise in February.

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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street on Friday, boosted by strong gains in China, Hong Kong and South Korea. Trades also reacted to the US Fed Chair Jerome Powell's recent somewhat hawkish comments, suggesting doesn't need to hurry to lower rates. Asian markets closed mixed on Friday.
RTTNews | hace 5h 48min
Sensex, Nifty Seen Lower At Open

Sensex, Nifty Seen Lower At Open

Indian shares may open lower on Monday after the S&P 500 and Nasdaq notched their biggest one-day losses in two weeks Friday.
RTTNews | hace 6h 41min
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, reversing the gains in the previous session. The benchmark S&P/ASX 200 is falling well above the 38,400 level, following the broadly negative cues from Wall Street on Friday, with weakness across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | hace 6h 49min
Thai Shares May Take Further Damage On Monday

Thai Shares May Take Further Damage On Monday

The Thai stock market has moved lower in back-to-back sessions, surrendering almost 10 points or 0.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,440-point plateau and it's expected to open under pressure again on Monday.
RTTNews | hace 7h 13min
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian stock market is slightly higher on Monday after opening in the red, extending some of the gains in the previous two sessions, despite the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying just below the 8,300.00 level, with gains in mining and energy stocks nearly offset by weakness in some technology and financial stocks.
RTTNews | hace 7h 25min
Losing Streak May Continue For Indonesia Shares

Losing Streak May Continue For Indonesia Shares

The Indonesia stock market has finished lower in three straight sessions, shedding more than 160 points or 2.1 percent along the way. The Jakarta Composite Index now rests just above the 7,160-point plateau and it may extend its losses again on Monday.
RTTNews | hace 7h 43min
Continued Consolidation Likely For Hong Kong Stock Market

Continued Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market has moved lower in six straight sessions, slumping more than 1,610 points or 7.6 percent along the way. The Hang Seng Index now sits just above the 19,425-point plateau and it's got another negative lead for Monday's trade.
RTTNews | hace 7h 58min
Lower Open Predicted For China Stock Market

Lower Open Predicted For China Stock Market

The China stock market has finished lower in consecutive trading days, slumping almost 110 points or 3.5 percent along the way. The Shanghai Composite now sits just above the 3,330-point plateau and it may take further damage on Monday.
RTTNews | hace 8h 13min