European Economic News Preview: Eurozone Final Factory PMI Due

RTTNews | 202 days ago
European Economic News Preview: Eurozone Final Factory PMI Due

(RTTNews) - Final factory Purchasing Managers' survey from the euro area is the major report due on Thursday.

At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer prices and retail sales figures. Inflation is seen at 1.1 percent in April, up from 1.0 percent in March. Sales are forecast to grow 0.2 percent annually in March, in contrast to the 0.2 percent fall in February.

At 3.15 am ET, Spain's manufacturing PMI survey results are due. The factory PMI is expected to fall to 51.3 in April from 51.4 in March.

At 3.45 am ET, manufacturing PMI survey results are due from Italy. Economists forecast the index to fall slightly to 50.3 in April from 50.4 in March.

At 3.50 am ET, France's final factory PMI data is due. The final reading is seen at 44.9 in April, unchanged from the flash estimate.

At 3.55 am ET, final PMI data is due from Germany. The index is expected to rise to 42.2 in April, in line with flash estimate, from 41.9 in March.

At 4.00 am ET, Eurozone final manufacturing PMI data is due. The April score is expected to match the flash estimate of 45.6 compared to 46.1 in March.

read more
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower in choppy trading on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,400 level, with weakness across most sectors led by financial and technology stocks.
RTTNews | 6h 16min ago
Thai Stock Market May Add To Its Winnings On Wednesday

Thai Stock Market May Add To Its Winnings On Wednesday

The Thai stock market has moved higher in two straight sessions, gathering almost 20 points or 1.4 percent along the way. The Stock Exchange of Thailand now sits just above the 1,460-point plateau and it's likely to open to the upside again on Wednesday.
RTTNews | 6h 36min ago
Additional Support Called For Indonesia Stock Market

Additional Support Called For Indonesia Stock Market

The Indonesia stock market on Tuesday snapped the four-day losing streak in which it had dropped almost 190 points or 2.5 percent. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it's expected to open in the green again on Wednesday.
RTTNews | 7h 6min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday, snapping a four-session winning streak, with the benchmark S&P/ASX 200 staying above the 8,300 level, following the mixed cues from Wall Street overnight, with weakness in technology, financial and energy stocks partially offset by gains in mining stocks.
RTTNews | 7h 7min ago
Higher Open Anticipated For Hong Kong Shares

Higher Open Anticipated For Hong Kong Shares

The Hong Kong stock market has climbed higher in two straight sessions, rallying more than 235 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 19,660-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 7h 21min ago
China Shares May Extend Tuesday's Gains

China Shares May Extend Tuesday's Gains

The China stock market on Tuesday halted the three-day slide in which it had stumbled almost 120 points or 3.7 percent. The Shanghai Composite now sits just beneath the 3,350-point plateau and it's expected to open higher again on Wednesday.
RTTNews | 7h 36min ago
Taiwan Bourse May Reclaim 23,000-Point Level

Taiwan Bourse May Reclaim 23,000-Point Level

The Taiwan stock market has ventured higher in two of three trading days since the end of the four-day losing streak in which it had tumbled almost 850 points or 3.6 percent. The Taiwan Stock Exchange now rests just beneath the 22,850-point plateau and it may see additional support on Wednesday.
RTTNews | 8h 6min ago