European Economic News Preview: Eurozone Final HICP Data Due

RTTNews | vor 605 Tagen
European Economic News Preview: Eurozone Final HICP Data Due

(RTTNews) - Final inflation data from the euro area is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Switzerland's Federal Customs Administration is scheduled to issue foreign trade data for November. The trade surplus is forecast to fall to CHF 3.5 billion from CHF 4.6 billion in October.

At 4.00 am ET, European Central Bank board member Andrea Enria is scheduled to deliver the introductory statement at ECB Banking Supervision press conference.

At 5.00 am ET, Eurostat publishes euro area final inflation figures for November. The initial estimate showed that inflation softened to 2.4 percent in November from 2.9 percent in October.

At 6.00 am ET, the Confederation of British Industry releases the Industrial Trends survey results.

At 8.00 am ET, Bank of England's Sarah Breeden is set to speak at the IIF talking policy series.

In the meantime, Hungary's central bank announces its monetary policy decision. The bank is forecast to cut the base rate to 10.75 percent from 11.5 percent.

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U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | vor 1Std 8 Minuten
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | vor 1Std 26 Minuten
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | vor 1Std 55 Minuten
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | vor 2Std 19 Minuten
U.S. Import Price Growth Exceeds Estimates In July

U.S. Import Price Growth Exceeds Estimates In July

The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
RTTNews | vor 2Std 53 Minuten
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
RTTNews | vor 3Std 26 Minuten