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European Economics News Preview: Eurozone Monetary Aggregates Data Due
(RTTNews) - Monetary aggregates data from the euro area is the only major statistical report due on Thursday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's statistical office INE publishes retail sales data for November. Sales had increased 0.4 percent month-on-month in October.
In the meantime, consumer confidence survey results are due from Slovakia.
At 4.00 am ET, the European Central Bank is scheduled to issue euro area money supply figures for November. M3 is forecast to climb 5.0 percent on a yearly basis, slightly slower than the 5.1 percent increase in October. Economists expect lending to households to grow 4.1 percent annually and loans to companies to gain 8.6 percent.
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European Stocks Turning In Mixed Performance
European stocks are turning in a mixed performance on Wednesday as political uncertainty in France, and a lack of any significant positive triggers render the mood cautious. Investors are also awaiting earnings updates from AI major NVIDIA.
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23 minutos atrás
FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower
U.K. stocks are somewhat subdued in lackluster trade on Wednesday as investors remain a bit reluctant to make significant moves due to a lack of triggers.
The benchmark FTSE 100 was at 9,266.25 a little before noon, up 0.45 points over previous close.
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1h 13min atrás
CAC 40 Advances After Recent Losses
Despite the uncertainty on the political front, the French market is up in positive territory on Wednesday due largely to some bargain hunting at several counters after two successive days of declines. Investors are also looking ahead to AI giant Nvidia's earnings updates.
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1h 28min atrás
DAX Remains Weak Despite Paring Some Early Losses
German stocks are down in negative territory in cautious trade on Wednesday amid political uncertainty in France ahead of a confidence vote early next month, and anxiety ahead of Nvidia's earnings for clues on the AI trade.
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1h 44min atrás
Mixed Sentiment In Asian Markets
Asian markets moved in a mixed fashion on Wednesday amidst anxiety ahead of release of earnings update by chip-giant NVIDIA.
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1h 55min atrás
Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Wednesday.
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1h 56min atrás
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.
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4h 34min atrás
German GfK Consumer Confidence To Fall Further
German consumer confidence is set to continue to fall in September as rising fear of job losses weighed on purchase decisions and damped hopes of robust economic recovery, a closely watched survey showed on Wednesday. The forward-looking consumer sentiment index fell to -23.6 in September from -21.7 in the previous month. The reading was forecast to drop moderately to -22.
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4h 43min atrás
