European Economic News Preview: Eurozone Foreign Trade Data Due
(RTTNews) - Foreign trade data from the euro area is the only major statistical report due on Monday, headlining a light day for the European economic news.
At 2.30 AM ET, Switzerland's Federal Statistical Office publishes industrial production data for the third quarter.
At 3.00 AM ET, the Czech Statistical Office is scheduled to release producer prices for October. Economists expect producer prices to grow 0.9 percent annually, following a 0.6 percent rise in September.
At 4.00 am ET, foreign trade data is due from Spain.
At 5.00 am ET, Eurostat publishes euro area external trade data for September. The trade surplus is forecast to increase to EUR 7.9 billion from EUR 4.6 billion in the previous month.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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6h 38min ago
European Shares Poised To Open On Firm Note
European stocks are seen opening on a positive note Monday, even as the upside may remain capped due to concerns about the path of interest rates.
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6h 51min ago
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.
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9h 1min ago
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.
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9h 54min ago
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.
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10h 2min ago
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.
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10h 25min ago
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.
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10h 37min ago
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.
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10h 55min ago
