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European Economic News Preview: Eurozone Industrial Output Data Due

RTTNews | vor 594 Tagen

European Economic News Preview: Eurozone Industrial Output Data Due

(RTTNews) - Industrial production from the euro area is due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Sweden publishes consumer price data for September. Inflation is forecast to ease to 6.3 percent from 7.5 percent in August.

At 2.30 am ET, producer and import prices are due from Switzerland.

In the meantime, the Hungarian Central Statistical Office is slated to issue final industrial output data for August.

At 2.45 am ET, France's statistical office INSEE releases final inflation figures for September. The preliminary estimate showed that consumer price inflation held steady at 4.9 percent.

At 3.00 am ET, Spain's INE releases consumer price data for September. The statistical office is set to confirm annual inflation at 3.5 percent.

At 4.00 am ET, final inflation figures are due from Poland.

At 5.00 am ET, Eurostat is scheduled to issue euro area industrial production for August. Economists forecast output to gain 0.1 percent on month, in contrast to 1.1 percent fall in July.

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Hormel Foods Recalls 256K Pounds Of Canned Beef Stew Product

Hormel Foods Recalls 256K Pounds Of Canned Beef Stew Product

Hormel Foods Corp. is recalling around 256,185 pounds of canned beef stew product that may be contaminated with foreign material, specifically wood, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The Tucker, Georgia-based branded food major's recall involves 20-oz. metal cans containing "Dinty Moore BEEF STEW" with "BEST BY FEB 2028".

RTTNews | vor 18 Minuten

UK Vehicle Manufacturing Logs Weakest Start To Year Since 2009: SMMT

UK Vehicle Manufacturing Logs Weakest Start To Year Since 2009: SMMT

UK automotive manufacturing registered its weakest start to a year since 2009, the Society of Motor Manufacturers & Traders, or SMMT, said Thursday. Car and commercial vehicle production decreased 15.8 percent on a yearly basis to 59,203 units in April. Auto production fell to the lowest level for the month since 1952, excluding 2020 when the first Covid lockdown effectively saw manufacturing c

RTTNews | vor 46 Minuten

Bay Street Looks Set To Start On Firm Note

Bay Street Looks Set To Start On Firm Note

Canadian shares look headed for a firm start on Thursday, with encouraging earnings by Royal Bank of Canada and Canadian Imperial Bank of Commerce, and a U.S. court ruling against U.S. President Donald Trump's sweeping tariff moves set to lift sentiment.

RTTNews | vor 1Std 1 Minuten

U.S. GDP Dips Slightly Less Than Previously Estimated In Q1

U.S. GDP Dips Slightly Less Than Previously Estimated In Q1

A report released by the Commerce Department on Thursday showed the U.S. economy shrank by slightly less than previously estimated in the first quarter of 2025.

RTTNews | vor 1Std 14 Minuten

U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 24th, according to a report released by the Labor Department on Thursday.

RTTNews | vor 1Std 20 Minuten

FTSE 100 Flat, As Market Turns Subdued After Positive Start

FTSE 100 Flat, As Market Turns Subdued After Positive Start

Despite easing trade tensions, the U.K. market is turning in a subdued performance on Thursday with investors largely making cautious moves.

RTTNews | vor 2Std 43 Minuten

CAC 40 Moderately Higher Amid Easing Trade Tensions

CAC 40 Moderately Higher Amid Easing Trade Tensions

Amid easing trade war concerns following a U.S. court ruling against the sweeping tariffs announced by President Donald Trump, French stocks are moving higher on Thursday, recovering well after previous session's weakness.

RTTNews | vor 3Std 10 Minuten

DAX Modestly Higher As Trade Tensions Ease After U.S. Court Ruling

DAX Modestly Higher As Trade Tensions Ease After U.S. Court Ruling

German stocks are up in positive territory on Thursday amid easing trade tensions following a U.S. Federal Court ruling that President Donald Trump had overstepped his authority by imposing across-the-board duties on imports from U.S. trade partners.

RTTNews | vor 3Std 28 Minuten

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