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European Economics Preview: UK Unemployment Data Due

RTTNews | 905 dias atrás

European Economics Preview: UK Unemployment Data Due

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

At 2.00 am ET, the Office for National Statistics is set to issue UK labor market statistics for three months to April. The jobless rate is forecast to fall slightly to 3.6 percent from 3.7 percent the preceding period.

In the meantime, revised consumer prices and wholesale prices are due from Germany. According to flash data, consumer price inflation rose to 7.9 percent in May from 7.4 percent in April. The statistical office is expected to confirm the flash estimates.

Also, Statistics Sweden releases consumer prices for May. Consumer price inflation is forecast to rise to 7.0 percent from 6.4 percent in April.

At 3.00 am ET, consumer prices from Slovakia and industrial production from Hungary are due.

At 5.00 am ET, Germany ZEW economic confidence survey results are due. Economists forecast the economic sentiment index to rise to -27.5 in June from -34.3 in May.

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Sensex, Nifty To Open On Muted Note Despite Powell's Upbeat Comments

Sensex, Nifty To Open On Muted Note Despite Powell's Upbeat Comments

Indian shares are likely to open on a muted note Thursday despite Fed Chair Jerome Powel's upbeat comments on the world's largest economy and FIIs remaining net buyers of Indian equities for the second straight session.

RTTNews | 5 h 10 min atrás

Japanese Market Significantly Higher

Japanese Market Significantly Higher

Adding to the gains in the previous three sessions, the Japanese market is significantly higher on Thursday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,500 level, with gains across most sectors led by index heavyweights, exporters and technology stocks, partially offset by weakness in automakers.

RTTNews | 5 h 19 min atrás

Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has climbed higher in back-to-back sessions, gathering almost 280 points or 3 percent in that span. The Jakarta Composite Index now sits just above the 7,325-point plateau and it may add to its winnings on Thursday.

RTTNews | 6 h 6 min atrás

Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, recouping the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to just below the 8,500 level, with gains in gold miners, technology and financial stocks partially offset by weakness in iron miners and energy stocks.

RTTNews | 6 h 9 min atrás

Hong Kong Shares May Bounce Higher On Thursday

Hong Kong Shares May Bounce Higher On Thursday

The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had collected almost 380 points or 2 percent. The Hang Seng Index now sits just above the 19,740-point plateau although it may find renewed support on Thursday.

RTTNews | 6 h 21 min atrás

Rebound Anticipated For China Stock Market

Rebound Anticipated For China Stock Market

The China stock market on Wednesday snapped the three-day winning streak in which it had advanced almost 85 points or 2.6. The Shanghai Composite now sits just beneath the 3,365-point plateau although it may bounce higher again on Thursday.

RTTNews | 6 h 36 min atrás

Australia October Trade Surplus A$5.953 Billion

Australia October Trade Surplus A$5.953 Billion

Australia posted a seasonally adjusted merchandise trade surplus of A$5.953 billion in October, the Australian Bureau of Statistics said on Thursday.

RTTNews | 6 h 52 min atrás

Higher Open Anticipated For Taiwan Stock Market

Higher Open Anticipated For Taiwan Stock Market

The Taiwan stock market has tracked higher in three straight sessions, improving almost 1,000 points or 4.3 percent in that span. The Taiwan Stock Exchange now rests just above the 23,250-point plateau and it may move to the upside again on Thursday.

RTTNews | 7 h 6 min atrás

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