European Economics News Preview: Eurozone Unemployment Data Due
(RTTNews) - Unemployment from the euro area and Spain are due on Thursday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's labor ministry is scheduled to issue unemployment data. The number of unemployed is expected to increase 15,400 in September.
At 4.00 am ET, Italy's statistical office publishes unemployment figures for August. The jobless rate is forecast to remain unchanged at 6.0 percent.
At 5.00 am ET, Eurostat is slated to release euro area unemployment data. The jobless rate is seen at 6.2 percent in August, the same as in July.
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Japanese Market Significantly Higher
The Japanese market is trading significantly higher on Friday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 64,700 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers, exporters and financial stocks.
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10 minutes ago
Hang Seng Tipped To Remain Rangebound
The Hong Kong stock market has alternated between positive and negative finishes through the last four 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 24,600-point plateau although it's expected to reverse those losses on Friday.
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18 minutes ago
Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Friday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains in mining stocks partially offset by weakness in energy and technology stocks.
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32 minutes ago
Rebound Predicted For China Stock Market
The China stock market turned lower again on Thursday, one day after ending the four-day losing streak in which it had slumped more than 85 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,875-point plateau although it's likely to bounce back to the upside again on Friday.
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33 minutes ago
Win Streak May Continue For Taiwan Stock Market
The Taiwan stock market has tracked higher in consecutive trading days, improving more than 775 points or 1.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 46,290-point plateau and it may see additional support on Friday.
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1h 3min ago
Singapore Stock Market May Crack 5,700-Point Barrier
The Singapore stock market on Thursday snapped the two-day slide in which it had dropped almost 85 points or 1.7 percent. The Straits Times Index now sits just above the 5,660-point plateau and it may extend its gains on Friday.
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1h 33min ago
Malaysia Stock Market May Halt Losing Streak
The Malaysia stock market has finished lower in back-to-back sessions, slipping almost 25 points or 1.6 percent in that span. The Kuala Lumpur Composite Index now sits just shy of the 1,675-point plateau although it may stop the bleeding on Friday.
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2h 3min ago
Japan Stock Market May Extend Winning Streak
The Japanese stock market has finished higher in back-to-back sessions, collecting more than 650 points or 1 percent along the way. The Nikkei 225 now sits just above the 64,130-point plateau and it may add to its winnings again on Friday.
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2h 18min ago
