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German Construction Activity Contracts At Slower Pace

German Construction Activity Contracts At Slower Pace

Germany's construction sector continued to contract in November but the pace of decline softened due to the rise in civil engineering activity, survey data from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index registered 45.2 in November, down from October's seven-month low of 42.8. A score below 50.0 indicates contraction in the sector.
RTTNews | 284 days ago
European Economic News Preview: Eurozone Retail Sales Data Due

European Economic News Preview: Eurozone Retail Sales Data Due

Retail sales from the euro area and construction Purchasing Managers' survey results from Germany are due on Thursday. At 2.00 am ET, Statistics Sweden publishes consumer price data for November. Inflation is forecast to ease to 0.6 percent from 0.9 percent in October. In the meantime, foreign trade from Turkey is due.
RTTNews | 284 days ago
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European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday as a weak ADP jobs report reinforced Fed rate cut hopes and helped offset concerns about Microsoft AI software demand.
RTTNews | 284 days ago
Indian Shares Open Higher Led By IT Stocks

Indian Shares Open Higher Led By IT Stocks

Indian shares were flat to slightly higher on Thursday ahead of the Reserve Bank of India's interest-rate decision and policy guidance due on Friday.
RTTNews | 284 days ago
Australian Market Slightly Higher In Mid-market

Australian Market Slightly Higher In Mid-market

The Australian market is slightly higher in mid-market moves on Thursday, alternating across the unchanged line through the morning session and extending the gains in the previous two sessions, following the positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in iron ore miners, energy and technology stocks.
RTTNews | 284 days ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian markets are trading mostly lower on Thursday, despite the broadly positive cues from Wall Street overnight, as traders remained cautious and concerned about the extended valuations in the technology sector. The markets also struggled to move ahead even as data showing an unexpected decrease by US private sector employment in November renewed optimism the US Fed will cut interest rates again.
RTTNews | 284 days ago
Indian Shares Poised For Weak Opening

Indian Shares Poised For Weak Opening

Indian shares look set to open on a subdued note Thursday as investors await the Reserve Bank of India's interest-rate decision and policy guidance due on Friday for direction.
RTTNews | 284 days ago
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market on Wednesday ended the three-day winning streak in which it had jumped more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just beneath the 1,275-point plateau although it may tick higher again on Thursday.
RTTNews | 284 days ago

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