European Economic News Preview: Germany Industrial Output Data Due

RTTNews | 1172 days ago
European Economic News Preview: Germany Industrial Output Data Due

(RTTNews) - Industrial production 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 release Germany's industrial production for May. Economists forecast output to fall 0.1 percent on month, in contrast to the 0.3 percent increase in April.

Also, UK Halifax house price data is due for June. Prices had declined 1.0 percent annually in May.

In the meantime, Statistics Norway publishes industrial production and monthly GDP data.

At 2.45 am ET, France foreign trade data is due. The trade deficit is forecast to narrow to EUR 9.0 billion in May from EUR 9.7 billion in April.

At 4.00 am ET, Italy's Istat publishes retail sales for May. Economists forecast sales to grow 0.1 percent on month, slower than the 0.2 percent rise in April.

read more
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Monday, extending the slight losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,750.00 level, with weakness in mining stocks partially offset by gains in financial stocks. Most other sectors were mixed.
RTTNews | 1h 44min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, as crude oil prices continued to fall amid signs of increased diplomatic efforts to resolve the conflict and restore energy flows in the Middle East, easing concerns over global inflation and the prospect of further interest rate hikes. Asian markets closed mostly higher on Friday.
RTTNews | 1h 48min ago
Indian Shares Set For Cautious Open

Indian Shares Set For Cautious Open

Indian shares may open flat to slightly lower on Monday despite gains elsewhere across Asia and higher U.S. equity futures as oil prices fell for a fourth day amid ongoing diplomatic efforts to end the U.S.-Iran conflict.
RTTNews | 2h 17min ago
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, collecting more than 20 points or 1.4 percent in that span. The Stock Exchange of Thailand now sits just above the 1,580-point plateau although it may ebb on Monday.
RTTNews | 3h 3min ago
Indonesia Stock Market Has Flat Lead For Monday

Indonesia Stock Market Has Flat Lead For Monday

The Indonesia stock market headed south again on Friday, one day after halting the six-day losing streak in which it had tumbled more than 250 points or 3.8 percent. The Jakarta Composite Index now sits just above the 6,440-point plateau and it figures to see little movement again on Monday.
RTTNews | 3h 33min ago
Australian Markets Slightly Lower

Australian Markets Slightly Lower

The Australian stock market is slightly lower on Monday, extending the slight losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,750.00 level, with weakness in mining stocks and a mixed performance in most other sectors.
RTTNews | 3h 39min ago
Little Movement Expected For Hang Seng

Little Movement Expected For Hang Seng

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the five-day losing streak in which it had given up more than 850 points or 3 percent. The Hang Seng Index now sits just above the 24,750-point plateau and it's likely to be rangebound again on Monday.
RTTNews | 3h 48min ago