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European Economic News Preview: Germany PPI Data Due
(RTTNews) - Producer price data from Germany is the only major statistical report due on Friday, headlining a very light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices for April. Producer price inflation is seen easing to 4.0 percent from 7.5 percent in March.
At 4.00 am ET, Italy's statistical office ISTAT publishes construction output figures for March.
In the meantime, current account data is due from Bank of Greece.
At 6.00 am ET, consumer confidence data is due from Spain. The sentiment index is forecast to improve sharply to 78.9 in April from 67.4 in March.
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Japanese Market Slightly Higher
The Japanese market is slightly higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 42,650 level, with gains across all sectors led by automakers and financial stocks as domestic inflation data beat expectations.
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vor 34 Minuten
Australian Market Slightly Lower
The Australian stock market is trading slightly lower on Friday, recouping some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
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vor 56 Minuten
U.S. Dollar Climbs Against Majors
The U.S. dollar strengthened against its major counterparts in the New York session on Thursday.
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vor 5Std 7 Minuten
TSX Hovers Near Record High; Materials, Energy Stocks Shine Again
Materials and energy stocks are among the prominent gainers in the Canadian market, which is up in positive territory in mid afternoon trades on Thursday.
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vor 8Std 43 Minuten
Swiss Market Ends Weak
The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
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vor 9Std 4 Minuten
European Stocks Close On Mixed Note Again
European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns.
Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
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vor 9Std 21 Minuten
Eurozone Consumer Confidence Weakens More Than Expected In August
Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
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vor 10Std 9 Minuten
U.S. Leading Economic Index Edges Down In Line With Estimates In July
A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
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vor 12Std 4 Minuten
