European Economic News Preview: Germany Industrial Output, Foreign Trade Data Due

RTTNews | Pred 126 dňami
European Economic News Preview: Germany Industrial Output, Foreign Trade Data Due

(RTTNews) - Industrial production and foreign trade from Germany and house prices from the UK are the top economic news due on Friday.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production and foreign trade figures for July. Economists forecast production to fall 0.4 percent on month, following a 1.4 percent increase in June. The trade surplus is seen at EUR 21 billion compared to EUR 20.4 billion in June.

At 2.45 am ET, France statistical office INSEE publishes external trade and current account figures. Economists expect industrial production to fall 0.3 percent on month, in contrast to the 0.8 percent increase in June.

At 4.00 am ET, Italy's ISTAT is set to issue retail sales data. Sales are expected to gain 0.1 percent on month, reversing a 0.2 percent fall in June.

At 5.00 am ET, Eurostat is set to issue euro area revised GDP data. The initial estimate showed that the economy grew 0.3 percent sequentially in the second quarter.

read more
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.
RTTNews | Pred 7 h 35 min
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.
RTTNews | Pred 8 h 10 min
Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.
RTTNews | Pred 8 h 30 min
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | Pred 8 h 53 min
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.
RTTNews | Pred 8 h 56 min