European Economic News Preview: Germany Industrial Output, Trade Data Due
(RTTNews) - Industrial production and foreign trade from Germany and retail sales from the euro area are the top economic news due on Thursday.
At 2.00 am ET, Destatis is slated to issue Germany's industrial output and trade figures. Economists forecast industrial output to grow 0.5 percent on month in November, in contrast to the 1.0 percent fall in October. Exports are expected to rebound 2.0 percent on month in November and imports to climb 0.7 percent.
At 3.00 am ET, industrial production and unemployment reports are due from the Czech Republic.
At 5.00 am ET, Eurostat releases euro area retail sales figures. Sales are expected to grow 0.3 percent on month after falling 0.5 percent in October.
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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.
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Pred 5 h 30 min
Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates
Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.
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Pred 5 h 40 min
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.
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Pred 5 h 49 min
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.
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Pred 6 h 12 min
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.
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Pred 6 h 16 min
Mild Upside Seen For Indonesia Stock Market
The Indonesia stock market has moved lower in two straight sessions, slipping almost 20 points or 0.3 percent along the way. The Jakarta Composite Index now sits just above the 7,060-point plateau although it's expected to open in the green on Friday.
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Pred 6 h 46 min
Hong Kong Stock Market May Stop The Bleeding On Friday
The Hong Kong stock market has finished lower in four straight sessions, retreating more than 520 points or 2.8 percent along the way. The Hang Seng Index now sits just above the 19,240-point plateau although it's due for support on Friday.
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Pred 7 h 1 min
Japan Household Spending Slips 0.4% On Year In November
The average of household spending in Japan was down 0.4 percent on year in November, the Ministry of Internal Affairs and Communications said on Friday - coming in at 295,518 yen.
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Pred 7 h 8 min
