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European Economics Preview: Germany Producer Price Data Due
(RTTNews) - Producer prices data from Germany is due on Monday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is set to issue Germany's producer prices for May. Producer price inflation is expected to remain unchanged at 33.5 percent.
At 4.00 am ET, Greece current account data is due for April. The deficit totaled EUR 2.33 billion in March.
At 5.00 am ET, Eurostat is scheduled to release eurozone construction output data for April. Production had increased 3.3 percent annually in March.
At 9.00 am ET, European Central Bank President Christine Lagarde is set to give introductory statement before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels, Belgium.
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Swiss Market Ends Modestly Higher
The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
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Před 18 minutami
European Stocks Close Broadly Higher
European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
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Před 38 minutami
U.S. Service Sector Growth Unexpectedly Slows In July
A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
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Před 3 h 16 min
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
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Před 4 h 2 min
U.S. Trade Deficit Narrows Slightly More Than Expected In June
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.
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Před 5 h 6 min
Eurozone Private Sector Continues To Expand
Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
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Před 5 h 9 min
Bay Street May Open Slightly Higher
Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
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Před 5 h 20 min
FTSE 100 Advances On Upbeat Earnings
The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.
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Před 5 h 49 min
