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European Economic News Preview: Germany Wholesale Prices Data Due
(RTTNews) - Wholesale price data from Germany is the only major statistical report due on Monday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is set to issue Germany's wholesale prices for December. Wholesale prices had increased 14.9 percent on a yearly basis in November.
In the meantime, foreign trade data is due from Norway. The trade surplus had totaled NOK 101.1 billion in November.
At 3.00 am ET, the Czech Statistical Office is scheduled to publish producer prices for December. Producer price inflation is seen easing to 20.8 percent from 21.3 percent in November.
In the meantime, final consumer price data is due from Austria. At 6.00 am ET, Ireland's Central Statistics Office is set to release foreign trade data for November.
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Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Monday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,000.00 mark, with gains technology, energy and financial stocks partially offset by weakness in mining stocks.
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1h 2min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on easing global trade tensions amid ongoing tariff talks between the US and some of its partner countries, including China and Japan. There are also hopes for additional stimulus measures in China aimed at offsetting the impact of US tariffs.
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1h 19min ago
Sensex, Nifty May See Volatility As Tensions At Borders Escalate
Indian shares look set to open on a positive note Monday, though volatility is not ruled out as investors react to escalating tensions with Pakistan over Pahalgam attack.
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1h 53min ago
Thai Stock Market May See Additional Support On Monday
The Thai stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had gained almost 20 points or 1.8 percent. The Stock Exchange of Thailand now sits just beneath the 1,160-point plateau and it's expected to extend open in the green again on Monday.
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2h 24min ago
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Monday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 35,900 level, with gains across most sectors led by automakers and financial stocks. Technology stocks are the only weak spot amid profit booking.
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2h 46min ago
Indonesia Bourse Tipped To Open In The Green
The Indonesia stock market rebounded again on Friday, one day after halting the four-day winning streak in which it had climbed almost 240 points or 3.7 percent. The Jakarta Composite Index now rests just beneath the 6,680-point plateau and it's expected to open higher again on Monday.
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2h 54min ago
Hong Kong Bourse May Reclaim 22,000-Point Level
The Hong Kong stock market bounced higher again on Friday, one day after ending the three-day winning streak in which it had jumped more than 1,000 points or 4.5 percent. The Hang Seng Index now sits just above the 21,980-point plateau and it may see additional support again on Monday.
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3h 9min ago
Australian Market Significantly Higher
The Australian stock market is significantly higher on Monday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,000.00 mark, with gains across most sectors led by technology and financial stocks.
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3h 22min ago
