European Economic News Preview: Eurozone Final PMI Data Due

RTTNews | 15 days ago
Stocktwits
European Economic News Preview: Eurozone Final PMI Data Due

(RTTNews) - Final Purchasing Managers' survey results from euro area and the UK are the top economic news due on Thursday.

At 3.15 am ET, Spain's services PMI survey data is due. Economists forecast the index to fall to 54.0 in September from 54.6 in the previous month.

At 3.45 am ET, S&P Global is set to issue Italy's services PMI survey results. The index is seen falling to 51.2 in September from 51.4 in the prior month.

At 3.50 am ET, France's final composite PMI survey data is due. The final reading is seen at 47.4 in September, down from 53.1 in the previous month.

At 3.55 am ET, S&P Global is scheduled to issue Germany's final PMI results. The index is forecast to drop to 47.2 in September, as initially estimated, from 48.4 in August.

At 4.00 am ET, Eurozone final PMI survey results are due. The composite indicator is expected to drop to 48.9 in September from 51.0 in the prior month.

At 4.30 am ET, S&P Global releases UK final services PMI data. The flash estimate showed that the services PMI fell to 52.8 in September from 53.7 a month ago.

At 5.00 am ET, Eurostat is scheduled to issue euro area producer prices for August. Economists expect producer prices to drop 2.4 percent on year, faster than the 2.1 percent fall in July.

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Sensex, Nifty Open Lower On Muted Global Cues

Sensex, Nifty Open Lower On Muted Global Cues

Indian shares opened lower on Friday due to muted global cues as Middle East tensions persisted, and investors trimmed their bets on Federal Reserve interest-rate cuts this year.
RTTNews | 4h 5min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the release of economic data from China, including GDP figures. A rate cut by the European Central Bank and expectations of interest rate cuts by the US Fed and the Bank of Canada are aiding market sentiment. Asian markets ended mixed on Thursday.
RTTNews | 5h 9min ago
Japanese Market Modestly Higher

Japanese Market Modestly Higher

Recouping some of the losses in the previous two sessions, the Japanese stock market is modestly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving above the 39,000 mark, with gains in some index heavyweights and financial stocks partially offset by weakness in technology stocks.
RTTNews | 5h 39min ago
Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is significantly lower on Friday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling a tad below the 8,300 level, with weakness across most sectors led by mining, energy and technology stocks.
RTTNews | 6h 4min ago
Thai Bourse May Take Another Crack At 1,500-Point Level

Thai Bourse May Take Another Crack At 1,500-Point Level

The Thai stock market has moved higher in two straight sessions, collecting almost 30 points or 2.1 percent in that span. The Stock Exchange of Thailand now rests just above the 1,495-point plateau and it's expected to open to the upside again on Friday.
RTTNews | 6h 24min ago
Rally May Stall For Indonesia Stock Market

Rally May Stall For Indonesia Stock Market

The Indonesia stock market has tracked higher in five straight sessions, climbing more than 250 points or 3.4 percent along the way. The Jakarta Composite Index now rests just above the 7,735-point plateau although it may be stuck in neutral on Friday.
RTTNews | 6h 54min ago
Hong Kong Shares Poised To End Losing Streak

Hong Kong Shares Poised To End Losing Streak

The Hong Kong stock market has moved lower in four straight sessions, stumbling almost 1,100 points or 5.2 percent along the way. The Hang Seng Index now sits just shy of the 20,080-point plateau although it's due for support on Friday.
RTTNews | 7h 9min ago
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