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European Economics Preview: Italy Retail Sales Data Due
(RTTNews) - Retail sales from Italy and industrial production from Spain are the top economic news due on Wednesday, headlining a very light day for the European economic news.
At 3.00 am ET, Spain's INE releases industrial production for November. Production had increased 2.5 percent annually in October.
In the meantime, the Czech Statistical Office is scheduled to issue consumer prices for December. Inflation is forecast to rise to 16.4 percent from 16.2 percent in November.
At 4.00 am ET, November retail sales data is due from Italy. Sales had decreased 0.4 percent on month in October.
At 6.00 am ET, Ireland's unemployment data is due for December.
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Bay Street Likely To Open Slightly Higher
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U.S. Dollar Extends Rise Amid Fed Chair Powell Comments
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FTSE 100 Modestly Lower In Cautious Trade
U.K. stocks are turning in a mixed performance in cautious trade on Wednesday. Uncertainty about Fed interest rate outlook, and on comments from Fed Chair Jerome Powell's warning that equity valuations are stretched.
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CAC 40 Drifts Lower On Valuation Concerns, Rate Uncertainty
French stocks are showing some weakness on Wednesday amid apprehensions about the outlook for Fed rate cuts, and Fed Chair Jerome Powell's comments that equity valuations are high.
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Sensex, Nifty Extend Declines For Fourth Day
Indian shares ended lower for a fourth day running on Wednesday, with trade-related concerns, rising oil prices and continued selling by foreign investors keeping investors on edge.
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