European Economic News Preview: Eurozone GDP Data Due

RTTNews | 186 days ago
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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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 | 5h 14min ago
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 | 5h 27min ago
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 | 5h 44min ago
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 | 5h 59min ago
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 | 6h 14min ago
Tech Shares May Weigh On Taiwan Stock Market

Tech Shares May Weigh On Taiwan Stock Market

The Taiwan stock market on Friday wrote a finish to the four-day losing streak in which it had tumbled almost 850 points or 3.6 percent. The Taiwan Stock Exchange now rests just above the 22,740-point plateau although it's expected to head south again on Monday.
RTTNews | 6h 44min ago
Japan Core Machine Orders Slip 0.7% In September

Japan Core Machine Orders Slip 0.7% In September

The total value of core machine orders in Japan was down a seasonally adjusted 0.7% on Month in September, the Cabinet Office said on Monday - coming in at 852.0 billion yen.
RTTNews | 7h 4min ago
Rally May Stall For Singapore Stock Markets

Rally May Stall For Singapore Stock Markets

The Singapore stock market has moved higher in three straight sessions, collecting more than 30 points or 0.8 percent along the way. The Straits Times Index now sits just beneath the 3,745-point plateau although it may run out of steam on Monday.
RTTNews | 7h 14min ago