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European Economic News Preview: German Final Inflation Data Due
(RTTNews) - Final inflation from Germany and Spain are due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer prices for April. Consumer price inflation is seen easing to 2.1 percent from 2.2 percent in March.
In the meantime, final consumer prices from Sweden and industrial production from Romania are due.
At 2.30 am ET, the Hungarian Central Statistical Office publishes final industrial production data.
At 3.00 am ET, Spain's INE publishes final consumer and harmonized prices for April. The flash estimate showed that consumer price inflation softened to 2.2 percent from 2.3 percent in March.
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Australia Wage Price Data Due On Wednesday
Australia will on Wednesday release Q2 data for its wage price index, highlighting a modest day for Asia-Pacific economic activity. Wages are expected to rise 0.8 percent on quarter and 3.3 percent on year, easing from 0.9 percent on quarter and 34 percent on year in the three months prior.
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hace 37 minutos
U.S. Dollar Falls Against Majors
The U.S. dollar dropped against its major counterparts in the New York session on Tuesday.
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hace 1h 35min
U.S. Small Business Confidence Improves In July - NFIB
Small business optimism in the U.S. strengthened in July after eroding in the previous month as business expectations turned positive despite a rise in uncertainty, results of a monthly survey by the National Federation of Independent Businesses showed on Tuesday.
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hace 2h 51min
Swiss Market Settles Marginally Higher
The Switzerland market ended marginally up on Tuesday after a choppy ride, with investors mostly making their moves, reacting to recent earnings updates.
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hace 4h 43min
European Stocks Close Broadly Higher On Fed Rate Cut Hopes, Easing Trading Tensions
European stocks closed broadly higher on Tuesday amid easing trade tensions after the U.S. extended its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war.
Expectations of a rate cut by the Federal Reserve in September contributed as well to the positive show by most of the markets in Europe.
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hace 5h 3min
Canadian Market Modestly Higher
The Canadian market is up in positive territory around early afternoon on Tuesday, supported by gains in communications, healthcare, financials and technology sectors. Easing trade tensions, and expectations of an interest rate cut by the Federal Reserve next month appear to be aiding sentiment.
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hace 5h 40min
UK Labor Market Cools In Q2
The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday. The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.
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hace 9h 4min
U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations.
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hace 9h 16min
