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European Economic News Preview: France Business Sentiment Data Due

RTTNews | vor 589 Tagen

European Economic News Preview: France Business Sentiment Data Due

(RTTNews) - Business confidence from France and current account from the euro area are the major economic news due on Thursday.

At 2.00 am ET, Switzerland's customs office is scheduled to release foreign trade figures for September. The trade surplus is forecast to fall to CHF 3.77 billion from CHF 4.05 billion in August.

At 2.45 am ET, France's statistical office INSEE is set to issue monthly business confidence survey results. The sentiment index is forecast to remain unchanged at 99 in October.

At 4.00 am ET, the European Central Bank releases current account figures for August. The surplus totaled EUR 20.9 billion in July.

In the meantime, industrial production, producer prices and corporate wage figures are due from Poland. Industrial output is expected to drop 3.6 percent annually in September, following a 2 percent drop in August. Economists forecast producer prices to slid 2.8 percent in September, the same rate as seen in the previous month.

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Crude Oil Prices Slip On Friday

Crude Oil Prices Slip On Friday

Crude suffered a weekly loss of more than 1 percent due to uncertainty over U.S. President Donald Trump's tariffs and their likely impact on global growth and fuel demand.

RTTNews | vor 2Std 25 Minuten

Pound Drops As Trade Tensions Renew

Pound Drops As Trade Tensions Renew

The pound fell against its major counterparts in the New York session on Friday, as trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month.

RTTNews | vor 2Std 26 Minuten

Weighed Down By Tariff Uncertainty, Gold Slides

Weighed Down By Tariff Uncertainty, Gold Slides

The swift changes in successive US court rulings on tariffs and a softer inflation report caused a slide in gold price on Friday.

RTTNews | vor 2Std 33 Minuten

Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

Save for a few minutes at the start when it stayed a bit weak, the Switzerland market remained positive on Friday, and despite coming off the day's high hit around noon, ended the session modestly higher.

RTTNews | vor 4Std 40 Minuten

Major European Markets Close Slightly Higher

Major European Markets Close Slightly Higher

Despite uncertainty surrounding Trump administration's tariff plans, The major European markets mostly closed higher on Friday. Trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month, but investors picked up stocks amid expectations of an interest rate cut by the European Central Bank.

RTTNews | vor 5Std 4 Minuten

Canadian Market Modestly Lower, Looks Headed For Another Weak Close

Canadian Market Modestly Lower, Looks Headed For Another Weak Close

The Canadian market is exhibiting weakness on Friday, weighed down by losses in energy, healthcare and technology sectors. Amid renewed concerns about a global trade war, the mood in the market remains cautious.

RTTNews | vor 6Std 1 Minuten

U.S. Stocks Broadly Lower In Cautious Trade

U.S. Stocks Broadly Lower In Cautious Trade

U.S. stocks are turning in a weak performance on Friday amid renewed concerns over trade tensions, and a batch of mixed economic data. The major averages all are down in negative territory, with the tech-laden Nasdaq underperforming.

RTTNews | vor 6Std 33 Minuten

U.S. Consumer Prices Inch Up In Line With Estimates In April

U.S. Consumer Prices Inch Up In Line With Estimates In April

Consumer prices in the U.S. crept slightly higher in the month of April, according to a closely watched report released by the Commerce Department on Friday.

RTTNews | vor 9Std 49 Minuten

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