European Economic News Preview: UK Labor Market Data Due

RTTNews | Před 232 dny
European Economic News Preview: UK Labor Market Data Due

(RTTNews) - Labor market data from the UK and economic sentiment from Germany are the top economic news due on Tuesday.

At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is forecast to remain unchanged at 4.3 percent in the three months to November.

At 4.00 am ET, harmonized inflation data is due from Iceland.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic sentiment index is expected to fall to 15.2 in January from 15.7 in December.

In the meantime, unemployment data is due from Croatia.

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Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a brief spell in positive territory early on in the session on Wednesday, the Switzerland market turned a bit easy and moved along the flat line till around mid afternoon before losing ground to eventually close on a negative note.
RTTNews | Před 2 h 59 min
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors digested data showing a modest drop in U.S. producer prices in the month of August, and continued to assess the developments on the trade front. Some of the major markets started off on a firm note, but failed to sustain at higher levels.
RTTNews | Před 3 h 28 min
U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected

U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected

Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories crept up by 0.1 percent in July after rising by an upwardly revised 0.2 percent in June.
RTTNews | Před 6 h 42 min
U.S. Producer Prices Unexpectedly Edge Slightly Lower In August

U.S. Producer Prices Unexpectedly Edge Slightly Lower In August

Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by U.S. producer prices in month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after climbing by a downwardly revised 0.7 percent in July.
RTTNews | Před 7 h 3 min
U.S. Producer Prices Unexpectedly Edge Down 0.1% In August

U.S. Producer Prices Unexpectedly Edge Down 0.1% In August

Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by producer prices in the U.S. in the month of August.
RTTNews | Před 8 h 23 min
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

Canadian stocks are likely to open higher on Wednesday, tracking firm oil and metal prices. The mood may change a bit cautious at higher levels with investors looking ahead to the crucial U.S. inflation data, due later in the week.
RTTNews | Před 8 h 32 min
Major European Markets In Positive Territory In Cautious Trade

Major European Markets In Positive Territory In Cautious Trade

The major European markets are up in positive territory on Wednesday with investors picking up stocks amid continued optimism about a sharp rate cut by the Federal Reserve following recent weak labor market data. Easing concerns on the trade front also contribute to the positive sentiment in the markets.
RTTNews | Před 9 h 5 min