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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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Australia Unemployment Data Due On Thursday
Australia will on Thursday release April numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 4.1 percent, with the addition of 20,900 jobs following the increase of 32,200 jobs in March.
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49 minutos atrás
European Markets Close With Mild Losses
The major European stock markets finished moderately to the downside in cautious trade on Wednesday as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.
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2h 25min atrás
Swiss Franc Weakens Against Majors
The Swiss franc fell against its major counterparts in the New York session on Wednesday.
The franc edged down to 1.1182 against the pound and 0.8436 against the greenback, from an early high of 1.1117 and a 5-day high of 0.8324, respectively.
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2h 46min atrás
Pound Falls Against U.S. Dollar, Euro
The pound dropped against the U.S. dollar and the euro in the New York session on Wednesday.
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3h 56min atrás
E.ON Confirms Outlook After Higher Q1 Adj. Earnings
German utility E.ON SE reported Wednesday a significant increase in its first-quarter adjusted earnings and Group EBITDA with growth in all three core segments. Further, the firm affirmed its guidance for 2025 and its outlook through 2028. On the XETRA in Germany, E.ON shares were gaining around 1.36 percent.
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9h 12min atrás
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Wednesday.
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11h 36min atrás
FTSE 100 Flat As Stocks Move In Tight Range
U.K. stocks are mostly subdued in lackluster trade on Wednesday as investors react to a mixed batch of earnings announcements, and await more economic data from the U.S., and clarity about Trump administration's stance on tariffs with regard to European countries.
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12h 11min atrás
CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings
French stocks are exhibiting weakness on Wednesday, snapping a four-session winning streak, as investors focus on earnings and other corporate news, and await more economic data for directional clues. Some profit taking is also contributing to market's weakness.
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12h 31min atrás
