European Economic News Preview: Eurozone Flash PMI Data Due

RTTNews | 8 days ago
Stocktwits
European Economic News Preview: Eurozone Flash PMI Data Due

(RTTNews) - Flash composite Purchasing Managers' survey from the euro area and the UK are the top economic news due on Wednesday.

At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for March. The budget deficit is seen at GBP 15.4 billion compared to GBP 10.7 billion in February.

At 3.15 am ET, S&P Global publishes France's flash composite PMI survey data. Economists forecast the composite index to fall to 47.8 in April from 48.0 in March.

At 3.30 am ET, flash PMI survey results are due from Germany. The composite index is seen at 50.4 in April, down from 51.3 in March.

At 4.00 am ET, S&P Global publishes euro area flash PMI survey data. The composite output index is expected to drop to 50.3 in April from 50.9 in March.

At 4.30 am ET, UK S&P Global flash PMI data is due. Economists forecast the index to decline to 50.4 in April from 51.5 a month ago.

At 5.00 am ET, Eurostat publishes foreign trade and construction output figures for February.

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Australia Data Due On Friday

Australia Data Due On Friday

Australia will on Friday release Q1 figures for producer prices and March numbers for retail sales, highlighting a busy day for Asia-Pacific economic activity.
RTTNews | 17 minutes ago
UK Market Ends Slightly Up

UK Market Ends Slightly Up

On a day in which most of the markets across Europe remained closed for Labor Day holiday, the UK market, where trading was on, ended marginally up on Thursday, extending its gains to a 13th straight session.
RTTNews | 5h 19min ago
Canadian Market Retreats After Recovering From Early Drop

Canadian Market Retreats After Recovering From Early Drop

The Canadian market is modestly higher around noon on Thursday with shares from energy and technology sectors posting strong gains. A sell-off in materials section is limiting market's upside. The mood in the market is quite cautious amid concerns about global economic growth.
RTTNews | 6h 0min ago
U.S. Construction Spending Unexpectedly Falls 0.5% In March

U.S. Construction Spending Unexpectedly Falls 0.5% In March

Construction spending in the U.S. unexpectedly decreased in the month of March, the Commerce Department revealed in a report released on Thursday. The Commerce Department said construction spending fell by 0.5 percent to an annual rate of $2.196 trillion in March after climbing by 0.6 percent to a revised rate of $2.207 trillion in February.
RTTNews | 7h 43min ago
U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April

U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April

The Institute for Supply Management released a report on Thursday showing a slight decrease by its reading on U.S. manufacturing activity in the month of April. The ISM said its manufacturing PMI edged down to 48.7 in April after slipping to 49.0 in March, with a reading below 50 indicating contraction. Economists had expected the index to dip to 48.0.
RTTNews | 7h 56min ago
U.S. Jobless Claims Rise Much More Than Expected To Two-Month High

U.S. Jobless Claims Rise Much More Than Expected To Two-Month High

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended April 26th. The Labor Department said initial jobless claims climbed to 241,000, an increase of 18,000 from the previous week's revised level of 223,000.
RTTNews | 8h 8min ago
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