European Economic News Preview: Eurozone Flash PMI Data Due

RTTNews | vor 644 Tagen
European Economic News Preview: Eurozone Flash PMI Data Due

(RTTNews) - Flash Purchasing Managers' survey results from euro area and the UK are due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, Statistics Norway releases GDP data for the third quarter. The economy is forecast to grow 0.3 percent sequentially after staying flat in the second quarter.

At 2.45 am ET, France's statistical office INSEE is scheduled to issue business sentiment survey results. The business confidence index is seen unchanged at 98.0 in November.

At 3.15 am ET, S&P Global publishes France's flash composite PMI survey data for November. Economists expect the composite indicator to rise to 45.0 from 44.6 in the previous month.

At 3.30 am ET, flash composite PMI survey results are due from Germany. The composite indicator is forecast to rise to 46.5 in November from 45.9 in October.

In the meantime, Sweden's central bank announces its monetary policy decision. The bank is widely expected to hike the benchmark rate by 25 basis points to 4.25 percent.

At 4.00 am ET, Eurozone flash composite PMI survey data is due. Economists forecast the composite output index to improve to 46.9 in November from 46.5 a month ago.

Half an hour later, S&P Global releases UK's flash composite PMI data for November. The composite indicator is seen unchanged at 48.7.

At 7.30 am ET, the European Central Bank is set to publish the account of the monetary policy meeting of the Governing Council held on October 25 and 26.

read more
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | vor 1Std 6 Minuten
European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | vor 1Std 25 Minuten
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | vor 4Std 26 Minuten
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | vor 4Std 36 Minuten
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | vor 4Std 59 Minuten
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | vor 5Std 5 Minuten