European Economic News Preview: Eurozone Flash GDP, Inflation Due

RTTNews | 1064 hari yang lalu
European Economic News Preview: Eurozone Flash GDP, Inflation Due

(RTTNews) - Inflation and quarterly national accounts from the euro area are the top economic news due on Tuesday, headlining a hectic day for the European economic news.

At 2.30 am ET, France's statistical office INSEE publishes GDP and consumer spending data. GDP is forecast to grow 0.1 percent sequentially after an expansion of 0.5 percent in the second quarter. Consumer spending is expected to expand 0.4 percent in September, in contrast to the 0.5 percent fall in August.

At 3.00 am ET, retail sales and import prices are due from Germany. Retail sales are expected to grow 0.5 percent, reversing a 1.2 percent drop in August. Economists forecast import prices to fall sharply by 15.3 percent on year in September, but slower than August's 16.4 percent decline.

At 3.45 am ET, France's statistical office INSEE releases flash inflation figures for October. Economists expect inflation to slow to 4.0 percent in October from 4.9 percent in September.

At 5.00 am ET, Italy's ISTAT is slated to issue preliminary GDP data. The economy is expected to grow 0.1 percent sequentially in the third quarter, in contrast to the 0.4 percent contraction in the second quarter.

At 6.00 am ET, Eurostat releases euro area consumer prices and flash GDP data. Economists forecast the currency bloc to log a nil growth in the third quarter after expanding 0.1 percent in the preceding period. Inflation is seen easing to 3.1 percent in October from 4.3 percent in September.

baca selengkapnya
Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market trading on Tuesday, extending the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving up to near the 8,700 level, with gains in technology stocks partially offset by weakness in gold miners, energy and financial stocks.
RTTNews | 1 jam 32 menit yang lalu
Oil Prices, Geopolitical Tensions Cloud Weigh On Indian Stocks

Oil Prices, Geopolitical Tensions Cloud Weigh On Indian Stocks

GIFT Nifty futures and weak Asian markets suggest a flat to slightly lower start for Indian equities Tuesday. Higher Brent crude prices at $106.94/barrel and geopolitical tensions could hurt sentiment. Strong industrial output data may help limit market's downside.
RTTNews | 2 jam 6 menit yang lalu
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, amid a substantial rebound in both crude oil prices and bond yields, renewing concerns about the outlook for global inflation and interest rates. Market sentiment is also hit by continued uncertainty about the resolution of the Middle East conflict.
RTTNews | 2 jam 8 menit yang lalu
Lower Open Anticipated For Thai Stock Market

Lower Open Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the five-day winning streak in which it had jumped almost 50 points or 3.1 percent. The Stock Exchange of Thailand now sits just above the 1,600-point plateau and it's expected to see continued consolidation on Tuesday.
RTTNews | 3 jam 0 menit yang lalu
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling well below the 65,250 level, with weakness in index heavyweights and financial stocks partially offset by some gains in technology stocks.
RTTNews | 3 jam 21 menit yang lalu
Indonesia Bourse May Give Up Support At 6,100 Points

Indonesia Bourse May Give Up Support At 6,100 Points

The Indonesia stock market has finished lower in three straight sessions, tumbling more than 225 points or 3.2 percent along the way. The Jakarta Composite Index now sits just shy of the 6,150-point plateau and it's expected to open under water again on Tuesday.
RTTNews | 3 jam 30 menit yang lalu
Australian Markets Slightly Higher

Australian Markets Slightly Higher

The Australian stock market is slightly higher on Tuesday, extending the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving up to near the 8,700 level, with gains in technology stocks partially offset by weakness in gold miners, energy and financial stocks.
RTTNews | 3 jam 40 menit yang lalu
Hong Kong May See Renewed Selling Pressure

Hong Kong May See Renewed Selling Pressure

The Hong Kong stock market on Monday snapped the three-day losing streak in which it had stumbled almost 600 points or 2.5 percent. The Hang Seng Index now sits just above the 24,640-point plateau although it figures to head south again on Tuesday.
RTTNews | 3 jam 45 menit yang lalu