European Economic News Preview: German Import Price Data Due

RTTNews | 265 days ago
European Economic News Preview: German Import Price Data Due

(RTTNews) - Import prices from Germany and revised GDP data from Spain are the top economic news due on Tuesday.

At 2.00 am ET, Destatis is scheduled to issue Germany's import price data. Economists expect import prices to grow 0.2 percent month-on-month in November, the same rate as in October.

In the meantime, producer price figures are due from Sweden.

At 3.00 am ET, Spain's INE publishes revised GDP data for the third quarter. The flash estimate showed that economic growth eased to 0.6 percent sequentially from 0.8 percent in the second quarter. The statistical office is expected to confirm the estimate released on October 29.

At 4.00 am ET, unemployment data is due from Poland. Economists forecast the jobless rate to rise marginally to 5.7 percent in November from 5.6 percent in October.

At 5.00 am ET, Italy's statistical office will release non-EU trade data.

read more
NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Monday.
RTTNews | 33 minutes ago
Australian Market Trims Early Slight Losses In Mid-market

Australian Market Trims Early Slight Losses In Mid-market

The Australian stock market is trimming its early slight losses in mid-market trading on Monday, snapping a four-session losing streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,750.00 level, with gains in energy, financial and technology stocks.
RTTNews | 3h 12min ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Monday, despite the broadly positive cues from Wall Street on Friday, amid surging crude oil prices after the critical East-West pipeline was shut by Saudi Arabia following drone attacks and talks between Iran and the GCC about a possible reopening of the Strait of Hormuz were postponed. The pipeline provided an alternative route around the Strait of Hormuz.
RTTNews | 3h 24min ago
Thai Stock Market: Support Expected At 1,600 Points

Thai Stock Market: Support Expected At 1,600 Points

The Thai stock market has moved lower in three straight sessions, sinking more than 15 points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,600-point plateau although it may halt its slide on Monday.
RTTNews | 4h 39min ago
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Monday, extending the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The Nikkei 225 is falling below the 63,050 level, with weakness in index heavyweights and technology stocks partially offset by gains in financial stocks.
RTTNews | 5h 3min ago
Indonesia Stock Market Poised To Open To The Upside On Monday

Indonesia Stock Market Poised To Open To The Upside On Monday

The Indonesia stock market has finished lower in three straight sessions, surrendering almost 150 points or 2.4 percent in that span. The Jakarta Composite Index now rests just above the 6,540-point plateau although it's expected to open higher on Monday.
RTTNews | 5h 9min ago
Hong Kong Stock Market May Stop The Bleeding On Monday

Hong Kong Stock Market May Stop The Bleeding On Monday

The Hong Kong stock market has moved lower in four straight sessions, sliding more than 800 points or 3.2 percent along the way. The Hang Seg Index now sits just above the 24,800-point plateau although it's expected to open in the green on Monday.
RTTNews | 5h 24min ago
Australian Markets Slightly Higher

Australian Markets Slightly Higher

The Australian stock market is slightly higher in choppy trading on Monday, snapping a four-session losing streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,750.00 level, with gains in energy, financial and technology stocks.
RTTNews | 5h 32min ago