European Economic News Preview: UK Inflation Data Due

RTTNews | vor 591 Tagen
European Economic News Preview: UK Inflation Data Due

(RTTNews) - Consumer and producer prices from the UK are the top economic news due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics publishes UK consumer and producer prices for September. Consumer price inflation is forecast to ease to 6.6 percent from 6.7 percent in August. Factory gate prices are forecast to fall 0.2 percent annually after easing 0.4 percent in August.

At 3.00 am ET, Statistics Austria releases final consumer price data for September.

At 4.30 am ET, UK house price data for August is due.

At 5.00 am ET, Eurostat is slated to release euro area final harmonized inflation figures. The flash estimate showed that inflation eased to 4.3 percent in September from 5.2 percent in August.

read more
TSX Settles Lower As Trade Tensions Resurface

TSX Settles Lower As Trade Tensions Resurface

Despite hitting record highs earlier in the week, the Canadian market ended weak for a second straight day as trade tensions weighed on sentiment, prompting investors to tread cautiously on Friday.
RTTNews | vor 20Std 5 Minuten
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 1 Tagen
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 1 Tagen
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 1 Tagen
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 1 Tagen
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 1 Tagen