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European Economic News Preview: German Economic Sentiment Data Due

RTTNews | 44 days ago

European Economic News Preview: German Economic Sentiment Data Due

(RTTNews) - Economic confidence from Germany and unemployment from the UK are due on Tuesday, headlining a busy day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is expected to remain unchanged at 4.1 percent in three months to August. At 2.45 am ET, France's statistical office INSEE publishes final inflation figures for September. The preliminary estimate showed that consumer price inflation slowed to 1.2 percent from 1.8 percent in August.

At 3.00 am ET, final inflation data is due from Spain. The statistical office is expected to confirm consumer price inflation for September at 1.5 percent.

At 4.00 am ET, the European Central Bank releases bank lending survey data. At 5.00 am ET, German ZEW economic confidence survey data is due. The economic sentiment index is forecast to rise to 10.2 in October from 3.6 in September.

In the meantime, Eurostat is scheduled to issue euro area industrial production for August. Industrial output is expected to grow 1.8 percent on month, in contrast to the 0.3 percent fall in July.

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Japanese Market Slightly Lower

Japanese Market Slightly Lower

Adding to the losses in the previous two sessions, the Japanese market is slightly lower on Thursday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 38,100 level, with weakness in index heavyweights and technology stocks partially offset by gains in exporters and financial stocks.

RTTNews | 5h 33min ago

Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in three straight sessions, slipping more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,430-point plateau and it's expected to open under pressure again on Thursday.

RTTNews | 5h 41min ago

Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Thursday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,400 level to near all-time highs, with gains in energy, financial and technology stocks partially offset weakness in gold miners stocks.

RTTNews | 5h 56min ago

Indonesia Bourse May Test Support At 7,200 Points

Indonesia Bourse May Test Support At 7,200 Points

Ahead of Wednesday's holiday for regional elections, the Indonesia stock market had ended the two-day winning streak in which it had rallied almost 175 points or 2.5 percent. The Jakarta Composite Index now rests just beneath the 7,250-point plateau and it may take further damage on Thursday.

RTTNews | 6h 11min ago

Profit Taking May Dent Hong Kong Stock Market

Profit Taking May Dent Hong Kong Stock Market

The Hong Kong stock market has moved higher in two straight sessions, advancing more than 450 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 19,600-point plateau although it may run out of steam on Thursday.

RTTNews | 6h 26min ago

China Bourse May Hand Back Wednesday's Gains

China Bourse May Hand Back Wednesday's Gains

The China stock market on Wednesday wrote a finish to the three-day slide in which it had slipped just 10 points or 0.3 percent. The Shanghai Composite now sits just beneath the 3,310-point plateau although if figures to head south again on Thursday.

RTTNews | 6h 41min ago

Australia Capex Value Climbs 1.1% In Q3

Australia Capex Value Climbs 1.1% In Q3

The value of new capital expenditure in Australia was up a seasonally adjusted 1.1 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Thursday - coming in at A$43.838 billion.

RTTNews | 6h 54min ago

Taiwan Stock Market Tipped To Open Under Pressure On Thursday

Taiwan Stock Market Tipped To Open Under Pressure On Thursday

The Taiwan stock market has finished lower in back-to-back sessions, slumping more than 610 points or 2.8 percent along the way. The Taiwan Stock Exchange now rests just above the 22,330-point plateau and it may be in store for more pain on Thursday.

RTTNews | 7h 11min ago

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