European Economics News Preview: Italy Business & Consumer Confidence Data Due

RTTNews | Před 983 dny
European Economics News Preview: Italy Business & Consumer Confidence Data Due

(RTTNews) - Business and consumer survey results from Italy and revised national accounts from Spain are the top economic news due on Friday.

At 2.45 am ET, France's INSEE is scheduled to issue producer prices for November. Prices had advanced 24.7 percent in October.

At 3.00 am ET, revised GDP data is due from Spain's statistical office INE. The flash estimate showed that economic growth eased to 0.2 percent from 1.5 percent in the second quarter. The statistical office is expected to confirm the preliminary estimate.

At 4.00 am ET, Italy's business and consumer confidence survey data. The business sentiment index is forecast to rise to 102.7 in December from 102.5 in the prior month. The consumer confidence index is seen at 98.5 versus 98.1 a month ago.

read more
DAX Advances; Pharma Stocks Among Notable Gainers

DAX Advances; Pharma Stocks Among Notable Gainers

The German market is modestly higher on Monday, as a U.S. appeals court ruling that many of Donald Trump's tariffs were illegal. Healthcare stocks are finding support after Danish pharma company Novo Nordisk's weight-loss drug Wegovy offered better heart-protective benefits than rival treatments from U.S.-based Eli Lilly.
RTTNews | Před 11 minutami
U.S. Dollar Falls Amid Rising Fed Rate Cut Bets

U.S. Dollar Falls Amid Rising Fed Rate Cut Bets

The U.S. dollar weakened against other major currencies in the late Asian session on Monday, due to growing speculation that the U.S. Federal Reserve (Fed) may lower interest rates at its September meeting.
RTTNews | Před 50 minutami
UK House Price Growth Softens In August

UK House Price Growth Softens In August

UK house prices logged a slower pace of growth in August due to stretched affordability, the Nationwide Building Society said Monday. House prices increased 2.1 percent on a yearly basis in August, slower than the 2.4 percent rise seen in July. On a monthly basis, house prices edged down 0.1 percent, in contrast to the 0.5 percent increase in the previous month.
RTTNews | Před 1 h 16 min
Asian Shares Mixed After US Tech Selloff

Asian Shares Mixed After US Tech Selloff

Asian stocks turned in a mixed performance on Monday as China's factory activity data painted a mixed picture of the world's second-largest economy and investor enthusiasm for artificial intelligence waned.
RTTNews | Před 2 h 8 min
China Manufacturing Activity Returns To Growth

China Manufacturing Activity Returns To Growth

China's manufacturing sector returned to growth in August as rising orders pushed up purchasing activity and unfinished business but firms remained cautious about hiring, survey data from S&P Global showed on Monday. The RatingDog manufacturing Purchasing Managers' Index posted 50.5 in August, up from 49.5 in July. A reading above 50.0 indicates expansion in the sector.
RTTNews | Před 3 h 30 min