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European Economic News Preview: German Ifo Business Confidence Due
(RTTNews) - Business confidence survey data from Germany is the top economic news due on Tuesday, headlining a light day for the European economic news.
At 4.00 am ET, Spain's INE publishes producer prices for February. Prices had increased 2.6 percent annually in January.
At 5.00 am ET, Germany's ifo business confidence survey results are due. The business confidence index is forecast to rise to 86.8 in March from 85.2 in the previous month. At 7.00 am ET, the Confederation of British Industry publishes Distributive Trades survey results. The retail sales balance is expected to fall to -28 percent in March from -23 percent in February.
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German Unemployment Exceeds 3 Mln
Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
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vor 25 Minuten
U.S. PCE Price Index Increased In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.
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Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus
Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.
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Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus
Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.
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vor 1Std 32 Minuten
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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vor 1Std 39 Minuten
FTSE 100 Weak Again, Looks Headed For Weekly Loss
U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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vor 2Std 11 Minuten
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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vor 2Std 19 Minuten
French Stocks Mostly Subdued In Cautious Trade
The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
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vor 2Std 30 Minuten
