European Economic News Preview: Eurozone Flash Composite PMI Data Due

RTTNews | Před 581 dny
European Economic News Preview: Eurozone Flash Composite PMI Data Due

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

At 3.15 am ET, S&P Global is scheduled to issue France composite Purchasing Managers' survey results. Economists forecast the composite PMI to rise to 45.2 in January from 44.8 in the prior month.

At 3.30 am ET, Germany's composite PMI survey data is due. The composite index is expected to 47.8 in January from 47.4 in December.

At 4.00 am ET, S&P Global is scheduled to publish Eurozone composite PMI data. The composite index is seen at 48.0 in January, up from 47.6 in December.

At 4.30 am ET, UK S&P/CIPS composite PMI data is due. Economists forecast the PMI to rise slightly to 52.2 in January from 52.1 in the previous month.

At 6.00 am ET, the Confederation of British Industry publishes Industrial Trends survey data for January. The index is forecast to remain unchanged at -23 percent.

read more
Euro Falls Amid Political Uncertainty

Euro Falls Amid Political Uncertainty

The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
RTTNews | Před 1 h 16 min
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
RTTNews | Před 1 h 42 min
European Stocks Turning In Mixed Performance

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.
RTTNews | Před 2 h 9 min
FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

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.
RTTNews | Před 2 h 58 min
CAC 40 Advances After Recent Losses

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.
RTTNews | Před 3 h 13 min
DAX Remains Weak Despite Paring Some Early Losses

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.
RTTNews | Před 3 h 29 min
Mixed Sentiment In Asian Markets

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.
RTTNews | Před 3 h 40 min
Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the European session on Wednesday.
RTTNews | Před 3 h 41 min