European Economic News Preview: Germany Industrial Output Data Due

RTTNews | vor 674 Tagen
European Economic News Preview: Germany Industrial Output Data Due

(RTTNews) - Industrial production from Germany and investor confidence from the euro area are due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for August. Output is expected to fall 0.1 percent on month after easing 0.8 percent in July.

In the meantime, GDP from Norway and foreign trade from Denmark are due.

At 2.30 am ET, the Hungarian Statistical Office is scheduled to release preliminary foreign trade data for August.

At 3.00 am ET, the Czech Statistical Office releases industrial production and foreign trade data. Economists forecast industrial output to fall 2.8 percent annually, the same pace of decrease as seen in July.

At 4.30 am ET, Eurozone Sentix investor confidence survey results are due.

read more
U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
RTTNews | vor 26 Minuten
CAC 40 Up Nearly 0.5%; Essilor Rises Sharply

CAC 40 Up Nearly 0.5%; Essilor Rises Sharply

French stocks are gaining some ground in positive territory on Wednesday, extending previous session's rise, amid continued optimism the Fed will reduce interest rate next month, and on slightly easing concerns about tariff after the U.S. decided to extend its pause on higher tariffs against China till November 10.
RTTNews | vor 1Std 37 Minuten
DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

The German market is up firmly in positive territory on Wednesday, with stocks from several sectors posting solid gains, amid expectations of a rate cut by the Federal Reserve next month, and on hopes that the impact of tariffs on growth will be less severe than feared earlier. Investors are also digesting the nation's inflation data.
RTTNews | vor 2Std 3 Minuten
Sensex, Nifty End Higher After Inflation Relief

Sensex, Nifty End Higher After Inflation Relief

Indian shares eked out modest gains on Wednesday after official data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years, bringing inflation below RBI's tolerance band and raising prospects of another interest rate cut.
RTTNews | vor 2Std 7 Minuten
Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as the uncertainty about the likely time of the Bank of Japan's (BoJ) next interest rate hike and the increasing risk-on mood by the investors keeps the safe haven JPY declining.
RTTNews | vor 3Std 59 Minuten