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European Economic News Preview: Eurozone Foreign Trade Data Due
(RTTNews) - Foreign trade data from the euro area is the top economic news due on Thursday, headlining a light day for the European economic news.
At 12.30 am ET, unemployment data from the Netherlands and consumer confidence from Norway are due.
At 4.00 am ET, Norway's central bank is set to announce its monetary policy decision. The bank is expected to lift its key interest rate to 4.00 percent from 3.75 percent.
At 5.00 am ET, Eurostat publishes euro area foreign trade data for June. Economists forecast the trade balance to post a surplus of EUR 18.3 billion compared to a shortfall of EUR 0.3 billion posted in May.
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Swiss Market Ends Notably Lower
Swiss stocks turned in a weak performance on Wednesday, losing ground gradually after opening marginally down, as uncertainty about U.S. government's trade policies rendered the mood cautious.
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1h 3min atrás
European Stocks Fail To Hold Early Gains, Close Broadly Lower
Despite opening on a positive note, European stocks closed broadly lower on Wednesday as investors largely made cautious moves, awaiting more clarity on U.S. President Donald Trump's tariff moves and other policy decisions.
RTTNews
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1h 32min atrás
Canadian Market Slightly Lower; BoM, National Bank Rise On Results
The Canadian market is slightly down on Wednesday with stocks moving in a tight range as investors digest earnings updates from Bank of Montreal and National Bank of Canada, and await further developments on trade negotiations between the U.S. and its major trading partners.
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2h 10min atrás
Kingfisher Q1 Sales Rise, Says Confident Of FY25 View; But Stock Down
Home improvement retailer Kingfisher Plc reported Wednesday higher sales in its first quarter, benefited by improved results in UK & Ireland. Meanwhile, sales in France and Poland declined, and the company maintained its fiscal 2025 outlook. On the London Stock Exchange, Kingfisher shares were losing around 3.5 percent.
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5h 38min atrás
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Wednesday morning with investors tracking global cues and reacting to earnings from major Canadian banks. Investors are also awaiting earnings update from U.S.
RTTNews
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5h 51min atrás
FTSE 100 Down Marginally
UK stocks are marginally down in lackluster trade on Wednesday as investors look for directional clues after recent gains following U.S. President Donald Trump deciding to pause the recently announced 50% tariffs on imports from EU, paving the way for further trade negotiations.
RTTNews
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6h 40min atrás
German Unemployment Rises More Than Expected
Joblessness in Germany increased more than expected in May as a weak economy continued to impede job creation, official data revealed on Wednesday. The number of unemployed increased sharply by 34,000 in May compared to April's rise of 6,000, the Federal Employment Agency said. Economists expected a monthly increase of 12,000.
RTTNews
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6h 44min atrás
CAC 40 Down Marginally In Lackluster Trade
French stocks are moving in a tight range in cautious trade on Wednesday as investors digest a slew of domestic economic reports, and continue to assess the impact of Trump administration's trade policy on global economic growth.
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7h 53min atrás
