European Economic News Preview: Eurozone Unemployment, Economic Sentiment Due

RTTNews | 861 hari yang lalu
European Economic News Preview: Eurozone Unemployment, Economic Sentiment Due

(RTTNews) - Unemployment and economic confidence survey results from the euro area and quarterly national accounts from Switzerland are due on Thursday, headlining a busy day for the European economic news.

At 3.00 am ET, Switzerland's State Secretariat for Economic Affairs releases Swiss GDP data. The economy is forecast to grow 0.3 percent sequentially in the first quarter, the same pace as seen in the fourth quarter of 2023.

Also, revised GDP from Sweden and foreign trade figures from Switzerland are due.

At 3.00 am ET, Spain's INE publishes flash inflation figures for May. Economists forecast consumer price inflation to rise to 3.7 percent from 3.3 percent in April.

At 4.00 am ET, Italy's Istat is slated to release unemployment data for April. The jobless rate is seen at 7.3 percent, up from 7.2 percent in March.

At 5.00 am ET, the European Commission releases euro area economic sentiment survey results. The economic confidence index is forecast to climb to 96.2 in May from 95.6 in the previous month.

Also, Eurostat publishes euro area unemployment data. Economists expect the jobless rate to remain unchanged at 6.5 percent in April.

baca selengkapnya
European Shares Seen Lower At Open

European Shares Seen Lower At Open

European stocks may drift lower at open on Thursday, with technology stocks likely to be in focus after the Wall Street Journal reported that SpaceX, Broadcom and Oracle were looking to raise money to buy AI chips, leaving investors worried about whether the expected profits will materialize.
RTTNews | 1 jam 45 menit yang lalu
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending its early losses in mid-market moves on Thursday, adding to the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,700 level, with weakness in mining and technology stocks partially offset by gains in energy and financial stocks.
RTTNews | 3 jam 44 menit yang lalu
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as rising volatility in crude oil prices, global currency and bond yields continue to weigh on market sentiment. Technology stocks are also dragging the markets amid a surge in AI-related corporate debt. Asian markets closed mostly lower on Wednesday.
RTTNews | 3 jam 57 menit yang lalu
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has tracked higher in five straight sessions, gathering almost 25 points or 1.6 percent in that span. The Stock Exchange of Thailand now sits just above the 1,580-point plateau although it may run out of steam on Thursday.
RTTNews | 5 jam 19 menit yang lalu
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 69,400 level, with weakness in index heavyweights, exporters, financial and technology stocks partially offset by gains in automaker stocks.
RTTNews | 5 jam 42 menit yang lalu
Indonesia Stock Market May Give Up Support At 6,100 Points

Indonesia Stock Market May Give Up Support At 6,100 Points

The Indonesia stock market on Wednesday snapped the three-day winning streak in which it had improved almost 185 points or 2.8 percent. The Jakarta Composite Index now sits just beneath the 6,150-point plateau and it's likely to open to the downside again on Thursday.
RTTNews | 5 jam 49 menit yang lalu