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European Economic News Preview: Germany Factory Orders Data Due

RTTNews | 678 days ago

European Economic News Preview: Germany Factory Orders Data Due

(RTTNews) - Factory orders and construction Purchasing Managers' survey results from Germany are the top economic news due on Friday.

At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for March. Orders are forecast to fall 2.2 percent on a monthly basis in March, reversing the 4.8 percent rise in February.

At 2.30 am ET, the Federal Statistical Office releases Swiss consumer price data for April. Economists forecast inflation to slow to 2.8 percent from 2.9 percent in March.

At 2.45 am ET, France's statistical office Insee is set to issue industrial production for March. Economists forecast output to fall 0.3 percent on month, in contrast to the 1.2 percent increase in February.

At 3.00 am ET, industrial output data is due from Spain. Production is seen falling 0.1 percent on year, following a 0.4 percent decrease in February.

At 3.30 am ET, S&P Global is set to publish Germany's construction PMI data.

At 4.00 am ET, retail sales data is due from Italy. Retail sales are forecast to remain flat on month in March after a 0.1 percent drop in February.

At 5.00 am ET, Eurostat is set to release euro area retail sales data for March. Economists expect sales to drop 0.1 percent on month, slower than the 0.8 percent decrease in February.

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Renewed Selling Pressure Expected For Malaysia Stock Market

Renewed Selling Pressure Expected For Malaysia Stock Market

The Malaysia stock market on Thursday halted the five-day losing streak in which it had plummeted more than 80 points or 5.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,510-point plateau although it figures to head south again on Friday.

RTTNews | 4h 15min ago

Nikkei May Take Further Damage On Friday

Nikkei May Take Further Damage On Friday

The Japanese stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had rallied more than 370 points or 1 percent. The Nikkei 225 now rests just above the 36,790-point plateau and it may extend its losses on Friday.

RTTNews | 4h 30min ago

Tech Shares Likely To Drag KOSPI Lower

Tech Shares Likely To Drag KOSPI Lower

The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had advanced almost 50 points or 2 percent. The KOSPI now sits just beneath the 2,575-point plateau and the losses may accelerate on Friday.

RTTNews | 4h 45min ago

TSX Sheds Nearly 1% On Tariff Jitters

TSX Sheds Nearly 1% On Tariff Jitters

The Canadian market ended notably lower on Thursday, with its benchmark S&P/TSX Composite Index falling to a four-and-a-half-month low, as rising concerns about global economic growth due to the trade war triggered heavy selling at several counters from across various sectors.

RTTNews | 5h 40min ago

South Korea Export Price Data Due On Friday

South Korea Export Price Data Due On Friday

South Korea will on Friday release February figures for its export and import price indexes, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 5h 45min ago

New Zealand Manufacturing PMI Climbs To 53.9 In February - BusinessNZ

New Zealand Manufacturing PMI Climbs To 53.9 In February - BusinessNZ

The manufacturing sector in New Zealand continued to expand in February, and at a faster rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.9.

RTTNews | 6h 8min ago

South Korea Export Prices Sink 0.6% In February

South Korea Export Prices Sink 0.6% In February

Export prices in South Korea were down 0.6 percent on month in February, the Bank of Korea said on Friday - after rising 1.3 percent in January.

RTTNews | 6h 26min ago

Dollar Rises Against Major Counterparts Amid Tariff War

Dollar Rises Against Major Counterparts Amid Tariff War

The U.S. dollar climbed higher against its major counterparts on Thursday with rising worries about the impact of the tariff war between the U.S. and some major trading partners pushed up the demand for the safe-haven currency.

RTTNews | 6h 32min ago

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